EXFY vs. ZETA

Last updated Apr 1, 2026

Compare and contrast key facts about Expensify Inc (EXFY) and Zeta Global Holdings Corp. (ZETA).

Performance

EXFY vs. ZETA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Expensify Inc (EXFY) and Zeta Global Holdings Corp. (ZETA). The values are adjusted to include any dividend payments, if applicable.

EXFY vs. ZETA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EXFY Expensify Inc	-42.39%	-54.93%	35.63%	-72.03%	-79.93%	7.16%
ZETA Zeta Global Holdings Corp.	-21.77%	13.12%	103.97%	7.96%	-2.97%	-14.95%

Fundamentals

EPS EXFY : -$0.23 ZETA : -$0.21
PS Ratio EXFY : 0.57 ZETA : 1.79
Total Revenue (TTM) EXFY : $142.10M ZETA : $1.30B
Gross Profit (TTM) EXFY : $71.53M ZETA : $791.08M
EBITDA (TTM) EXFY : -$13.64M ZETA : $39.32M

Returns By Period

In the year-to-date period, EXFY achieves a -42.39% return, which is significantly lower than ZETA's -21.77% return.

EXFY

• 1D: 5.54%
• 1M: -8.44%
• YTD: -42.39%
• 6M: -52.98%
• 1Y: -71.38%
• 3Y*: -52.56%
• 5Y*: —
• 10Y*: —

ZETA

• 1D: 7.49%
• 1M: -6.08%
• YTD: -21.77%
• 6M: -19.88%
• 1Y: 17.40%
• 3Y*: 13.70%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

EXFY vs. ZETA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EXFY

EXFY Risk / Return Rank: 4
EXFY Sharpe Ratio Rank: 3
EXFY Sortino Ratio Rank: 2
EXFY Omega Ratio Rank: 3
EXFY Calmar Ratio Rank: 5
EXFY Martin Ratio Rank: 6

ZETA

ZETA Risk / Return Rank: 52
ZETA Sharpe Ratio Rank: 51
ZETA Sortino Ratio Rank: 55
ZETA Omega Ratio Rank: 52
ZETA Calmar Ratio Rank: 52
ZETA Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EXFY vs. ZETA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Expensify Inc (EXFY) and Zeta Global Holdings Corp. (ZETA). 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.

	EXFY	ZETA	Difference
Sharpe ratio Return per unit of total volatility	-1.11	0.24	-1.35
Sortino ratio Return per unit of downside risk	-1.95	0.95	-2.91
Omega ratio Gain probability vs. loss probability	0.75	1.11	-0.36
Calmar ratio Return relative to maximum drawdown	-0.95	0.39	-1.34
Martin ratio Return relative to average drawdown	-1.65	0.93	-2.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXFY vs. ZETA - Sharpe Ratio Comparison

The current EXFY Sharpe Ratio is -1.11, which is lower than the ZETA Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of EXFY and ZETA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EXFY	ZETA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.11	0.24	-1.35
Sharpe Ratio (All Time) Calculated using the full available price history	-0.73	0.18	-0.91

Correlation

The correlation between EXFY and ZETA is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EXFY vs. ZETA - Dividend Comparison

Neither EXFY nor ZETA has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

EXFY vs. ZETA - Drawdown Comparison

The maximum EXFY drawdown since its inception was -98.46%, which is greater than ZETA's maximum drawdown of -70.01%. Use the drawdown chart below to compare losses from any high point for EXFY and ZETA.

Drawdown Indicators

	EXFY	ZETA	Difference
Max Drawdown Largest peak-to-trough decline	-98.46%	-70.01%	-28.45%
Max Drawdown (1Y) Largest decline over 1 year	-75.58%	-40.37%	-35.21%
Current Drawdown Current decline from peak	-98.21%	-56.67%	-41.54%
Average Drawdown Average peak-to-trough decline	-83.79%	-33.41%	-50.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.66%	16.87%	+26.79%

Volatility

EXFY vs. ZETA - Volatility Comparison

Expensify Inc (EXFY) has a higher volatility of 23.34% compared to Zeta Global Holdings Corp. (ZETA) at 18.56%. This indicates that EXFY's price experiences larger fluctuations and is considered to be riskier than ZETA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXFY	ZETA	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.34%	18.56%	+4.78%
Volatility (6M) Calculated over the trailing 6-month period	48.65%	49.43%	-0.78%
Volatility (1Y) Calculated over the trailing 1-year period	64.41%	72.64%	-8.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.84%	72.31%	+8.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.84%	72.31%	+8.53%

Financials

EXFY vs. ZETA - Profitability Comparison

The chart below illustrates the profitability comparison between Expensify Inc and Zeta Global Holdings Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EXFY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Expensify Inc reported a gross profit of 17.31M and revenue of 35.20M. Therefore, the gross margin over that period was 49.2%.

ZETA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Zeta Global Holdings Corp. reported a gross profit of 287.03M and revenue of 394.64M. Therefore, the gross margin over that period was 72.7%.

EXFY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Expensify Inc reported an operating income of -3.94M and revenue of 35.20M, resulting in an operating margin of -11.2%.

ZETA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Zeta Global Holdings Corp. reported an operating income of 8.20M and revenue of 394.64M, resulting in an operating margin of 2.1%.

EXFY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Expensify Inc reported a net income of -7.12M and revenue of 35.20M, resulting in a net margin of -20.2%.

ZETA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Zeta Global Holdings Corp. reported a net income of 6.54M and revenue of 394.64M, resulting in a net margin of 1.7%.