ZS vs SPY
Comparison between Zscaler Inc (ZS, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).
5-Year PerformanceSPY has outperformed ZS, delivering a return of +13.3% compared to -2.1%
ZS vs SPY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap / Net Assets
ZS
$22B
Winner
SPY
$652B
Expense Ratio
ZS
N/A
SPY
0.09%
Max Drawdown
ZS
76.41%
Winner
SPY
56.47%
Sharpe Ratio
ZS
-0.77
Winner
SPY
2.07
5Y Beta
ZS
1.29
Winner
SPY
1.00
Industry
ZS
Software - Infrastructure
SPY
N/A
P/E Ratio
Winner
ZS
-327.38
SPY
28.24
Forward P/E
ZS
30.40
Winner
SPY
21.85
PEG Ratio
ZS
-1.01
SPY
N/A
5Y Dividends CAGR
ZS
N/A
SPY
5.43%
5Y EPS CAGR
ZS
-20.99%
Winner
SPY
25.79%
Debt to Equity
Winner
ZS
0.00%
SPY
22.35%
Free Cash Flow Yield
ZS
4.25%
SPY
N/A
P/S Ratio
ZS
7.44
Winner
SPY
3.55
P/B Ratio
ZS
10.35
Winner
SPY
5.29
ZS vs SPY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ZS
+10.36%
SPY
+9.11%
3M
ZS
-10.61%
Winner
SPY
+6.59%
6M
ZS
-52.46%
Winner
SPY
+10.56%
1Y
ZS
-34.75%
Winner
SPY
+32.04%
5Y(CAGR)
ZS
-2.12%
Winner
SPY
+13.35%
10Y(CAGR)
Winner
ZS
+20.64%
SPY
+15.49%
Max(CAGR)
Winner
ZS
+20.64%
SPY
+8.50%
ZS vs SPY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ZS | SPY |
|---|---|---|
| 2026 | -31.03% | +8.27% |
| 2025 | +23.81% | +18.00% |
| 2024 | -15.05% | +25.59% |
| 2023 | +101.07% | +26.72% |
| 2022 | -62.93% | -18.64% |
| 2021 | +63.87% | +30.52% |
| 2020 | +321.95% | +17.28% |
| 2019 | +16.80% | +31.09% |
| 2018 | +18.82% | -5.24% |
| 2017 | N/A | +20.78% |
| 2016 | N/A | +13.59% |
| 2015 | N/A | +1.31% |
| 2014 | N/A | +14.56% |
| 2013 | N/A | +29.00% |
| 2012 | N/A | +14.17% |
| 2011 | N/A | +0.85% |
| 2010 | N/A | +13.14% |
| 2009 | N/A | +22.67% |
| 2008 | N/A | -36.25% |
| 2007 | N/A | +5.32% |
| 2006 | N/A | +13.85% |
| 2005 | N/A | +5.32% |
| 2004 | N/A | +10.75% |
| 2003 | N/A | +24.18% |
| 2002 | N/A | -22.42% |
| 2001 | N/A | -10.13% |
| 2000 | N/A | -8.84% |
| 1999 | N/A | +8.61% |
ZS vs SPY Drawdown Comparison
The maximum drawdown for ZS was -76.41%, occurring on May 2, 2023. This drawdown has not yet recovered.
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The current ZS drawdown is -58.75%.
| Rank | ZS | SPY |
|---|---|---|
| #1 | -76.41% Nov 19, 2021 - May 2, 2023 | -55.20% Oct 9, 2007 - Aug 16, 2012 |
| #2 | -55.22% Jul 26, 2019 - May 29, 2020 | -47.50% Mar 24, 2000 - Oct 26, 2006 |
| #3 | -31.76% Aug 27, 2018 - Jan 31, 2019 | -33.70% Feb 19, 2020 - Aug 10, 2020 |
| #4 | -28.95% Feb 12, 2021 - Jul 7, 2021 | -24.50% Jan 3, 2022 - Dec 13, 2023 |
| #5 | -24.39% Mar 16, 2018 - Jun 7, 2018 | -19.34% Sep 20, 2018 - Apr 12, 2019 |
| #6 | -20.17% Sep 1, 2020 - Dec 3, 2020 | -18.76% Feb 19, 2025 - Jun 26, 2025 |
| #7 | -16.10% Jun 11, 2018 - Jul 17, 2018 | -13.02% Jul 20, 2015 - Apr 18, 2016 |
| #8 | -15.69% Jul 17, 2018 - Aug 23, 2018 | -10.10% Jan 26, 2018 - Aug 6, 2018 |
| #9 | -15.09% May 17, 2019 - Jun 13, 2019 | -9.44% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -12.65% Aug 5, 2020 - Aug 20, 2020 | -9.30% Jan 19, 2000 - Mar 17, 2000 |
| #11 | -12.37% Sep 3, 2021 - Oct 14, 2021 | -9.05% Jul 19, 2007 - Oct 5, 2007 |
| #12 | -12.13% Mar 28, 2019 - May 10, 2019 | -8.88% Jan 27, 2026 - Apr 14, 2026 |
| #13 | -11.11% Dec 23, 2020 - Jan 14, 2021 | -8.41% Jul 16, 2024 - Sep 19, 2024 |
| #14 | -9.70% Jun 1, 2020 - Jun 18, 2020 | -7.35% Sep 14, 2012 - Jan 2, 2013 |
| #15 | -9.37% Jan 22, 2021 - Feb 9, 2021 | -7.27% Sep 18, 2014 - Oct 31, 2014 |
Correlation
Correlation between ZS and SPY is 0.70 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.70
-101
Select Stocks to Compare
Popular: ZS vs SPY
More Comparisons
Compare with similar stocks