CHWY vs. ZTS
CHWY (Chewy, Inc.) and ZTS (Zoetis Inc.) are both stocks. CHWY operates in Internet Retail (Consumer Cyclical), while ZTS operates in Drug Manufacturers - Specialty & Generic (Healthcare). Over the past 5 years, CHWY returned -26.03%/yr vs -15.30%/yr for ZTS. At a 0.26 correlation, their price movements are largely independent.
Performance
CHWY vs. ZTS - Performance Comparison
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Returns By Period
In the year-to-date period, CHWY achieves a -45.99% return, which is significantly lower than ZTS's -38.40% return.
CHWY
- 1D
- 1.94%
- 1M
- -13.89%
- YTD
- -45.99%
- 6M
- -44.20%
- 1Y
- -58.83%
- 3Y*
- -23.10%
- 5Y*
- -26.03%
- 10Y*
- —
ZTS
- 1D
- 1.25%
- 1M
- -5.51%
- YTD
- -38.40%
- 6M
- -37.26%
- 1Y
- -50.40%
- 3Y*
- -22.07%
- 5Y*
- -15.30%
- 10Y*
- 6.02%
CHWY vs. ZTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CHWY Chewy, Inc. | -45.99% | -1.31% | 41.73% | -36.27% | -37.12% | -34.40% | 209.97% | -19.44% |
ZTS Zoetis Inc. | -38.40% | -21.75% | -16.63% | 35.91% | -39.51% | 48.26% | 25.76% | 20.61% |
Correlation
The correlation between CHWY and ZTS is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019 | 0.26 |
Fundamentals
CHWY:
$7.57B
ZTS:
$32.46B
CHWY:
$0.47
ZTS:
$6.04
CHWY:
38.05
ZTS:
12.72
CHWY:
0.14
ZTS:
1.43
CHWY:
0.60
ZTS:
3.53
CHWY:
17.85
ZTS:
10.04
CHWY:
$12.75B
ZTS:
$9.51B
CHWY:
$3.79B
ZTS:
$6.73B
CHWY:
$330.60M
ZTS:
$3.95B
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Return for Risk
CHWY vs. ZTS — Risk / Return Rank
CHWY
ZTS
CHWY vs. ZTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chewy, Inc. (CHWY) and Zoetis Inc. (ZTS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CHWY | ZTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 0.68 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | -0.96 | -0.03 |
| Martin ratioReturn relative to average drawdown | -1.88 | -2.08 | +0.20 |
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Drawdowns
CHWY vs. ZTS - Drawdown Comparison
The maximum CHWY drawdown since its inception was -87.37%, which is greater than ZTS's maximum drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for CHWY and ZTS.
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Drawdown Indicators
| CHWY | ZTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.37% | -68.48% | -18.89% |
Max Drawdown (1Y)Largest decline over 1 year | -59.68% | -52.65% | -7.03% |
Max Drawdown (3Y)Largest decline over 3 years | -63.68% | -61.77% | -1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -84.34% | -68.48% | -15.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.48% | — |
Current DrawdownCurrent decline from peak | -84.96% | -67.36% | -17.60% |
Average DrawdownAverage peak-to-trough decline | -54.28% | -14.94% | -39.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.31% | 24.31% | +7.00% |
Volatility
CHWY vs. ZTS - Volatility Comparison
Chewy, Inc. (CHWY) has a higher volatility of 14.18% compared to Zoetis Inc. (ZTS) at 8.50%. This indicates that CHWY's price experiences larger fluctuations and is considered to be riskier than ZTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHWY | ZTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.18% | 8.50% | +5.68% |
Volatility (6M)Calculated over the trailing 6-month period | 35.00% | 31.65% | +3.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.04% | 35.67% | +10.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.65% | 28.86% | +31.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.12% | 27.13% | +33.99% |
Dividends
CHWY vs. ZTS - Dividend Comparison
CHWY has not paid dividends to shareholders, while ZTS's dividend yield for the trailing twelve months is around 2.68%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHWY Chewy, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZTS Zoetis Inc. | 2.68% | 1.59% | 1.06% | 0.76% | 0.89% | 0.41% | 0.48% | 0.50% | 0.59% | 0.58% | 0.71% | 0.69% |
Financials
CHWY vs. ZTS - Financials Comparison
This section allows you to compare key financial metrics between Chewy, Inc. and Zoetis Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CHWY vs. ZTS - Profitability Comparison
CHWY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chewy, Inc. reported a gross profit of 959.70M and revenue of 3.26B. Therefore, the gross margin over that period was 29.4%.
ZTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported a gross profit of 1.62B and revenue of 2.26B. Therefore, the gross margin over that period was 71.7%.
CHWY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chewy, Inc. reported an operating income of 42.50M and revenue of 3.26B, resulting in an operating margin of 1.3%.
ZTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported an operating income of 853.00M and revenue of 2.26B, resulting in an operating margin of 37.7%.
CHWY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chewy, Inc. reported a net income of 39.20M and revenue of 3.26B, resulting in a net margin of 1.2%.
ZTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported a net income of 601.00M and revenue of 2.26B, resulting in a net margin of 26.6%.
Frequently Asked Questions
CHWY and ZTS have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHWY has higher volatility (14.18%) compared to ZTS (8.50%). In terms of maximum drawdown, CHWY dropped -87.37% vs ZTS's -68.48%.
CHWY currently has the higher Sharpe Ratio (-1.29 vs -1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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