HUBS vs. ZBH
HUBS (HubSpot, Inc.) and ZBH (Zimmer Biomet Holdings, Inc.) are both stocks. HUBS operates in Software - Application (Technology), while ZBH operates in Medical Devices (Healthcare). Over the past 10 years, HUBS returned 14.57%/yr vs -1.64%/yr for ZBH. At a 0.28 correlation, their price movements are largely independent.
Performance
HUBS vs. ZBH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HUBS achieves a -53.16% return, which is significantly lower than ZBH's -1.23% return. Over the past 10 years, HUBS has outperformed ZBH with an annualized return of 14.57%, while ZBH has yielded a comparatively lower -1.64% annualized return.
HUBS
- 1D
- 0.83%
- 1M
- -5.24%
- YTD
- -53.16%
- 6M
- -50.00%
- 1Y
- -66.10%
- 3Y*
- -28.43%
- 5Y*
- -18.40%
- 10Y*
- 14.57%
ZBH
- 1D
- 1.64%
- 1M
- 7.16%
- YTD
- -1.23%
- 6M
- -2.78%
- 1Y
- -1.95%
- 3Y*
- -12.72%
- 5Y*
- -9.68%
- 10Y*
- -1.64%
HUBS vs. ZBH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HUBS HubSpot, Inc. | -53.16% | -42.41% | 20.02% | 100.79% | -56.14% | 66.27% | 150.12% | 26.06% | 42.23% | 88.09% |
ZBH Zimmer Biomet Holdings, Inc. | -1.23% | -14.03% | -12.46% | -3.81% | 4.24% | -17.02% | 3.77% | 45.37% | -13.30% | 17.86% |
Correlation
The correlation between HUBS and ZBH is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2014 | 0.28 |
The correlation between HUBS and ZBH shifts across timeframes, from 0.12 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HUBS:
$9.88B
ZBH:
$17.34B
HUBS:
$1.91
ZBH:
$3.85
HUBS:
98.67
ZBH:
23.01
HUBS:
0.11
ZBH:
0.34
HUBS:
3.00
ZBH:
2.08
HUBS:
4.95
ZBH:
1.18
HUBS:
$3.30B
ZBH:
$8.41B
HUBS:
$2.76B
ZBH:
$5.89B
HUBS:
$196.96M
ZBH:
$2.21B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HUBS vs. ZBH — Risk / Return Rank
HUBS
ZBH
HUBS vs. ZBH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HubSpot, Inc. (HUBS) and Zimmer Biomet Holdings, Inc. (ZBH). 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.
| HUBS | ZBH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.00 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | -0.16 | -0.83 |
| Martin ratioReturn relative to average drawdown | -1.66 | -0.31 | -1.35 |
Loading charts...
Drawdowns
HUBS vs. ZBH - Drawdown Comparison
The maximum HUBS drawdown since its inception was -78.99%, which is greater than ZBH's maximum drawdown of -65.03%. Use the drawdown chart below to compare losses from any high point for HUBS and ZBH.
Loading charts...
Drawdown Indicators
| HUBS | ZBH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.99% | -65.03% | -13.96% |
Max Drawdown (1Y)Largest decline over 1 year | -68.09% | -25.54% | -42.55% |
Max Drawdown (3Y)Largest decline over 3 years | -78.16% | -43.94% | -34.22% |
Max Drawdown (5Y)Largest decline over 5 years | -78.99% | -48.62% | -30.37% |
Max Drawdown (10Y)Largest decline over 10 years | -78.99% | -52.14% | -26.85% |
Current DrawdownCurrent decline from peak | -77.94% | -46.73% | -31.21% |
Average DrawdownAverage peak-to-trough decline | -23.21% | -20.08% | -3.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.95% | 13.04% | +27.91% |
Volatility
HUBS vs. ZBH - Volatility Comparison
HubSpot, Inc. (HUBS) has a higher volatility of 27.45% compared to Zimmer Biomet Holdings, Inc. (ZBH) at 5.90%. This indicates that HUBS's price experiences larger fluctuations and is considered to be riskier than ZBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HUBS | ZBH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.45% | 5.90% | +21.55% |
Volatility (6M)Calculated over the trailing 6-month period | 55.03% | 20.40% | +34.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.97% | 30.57% | +32.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.02% | 26.65% | +28.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.98% | 28.45% | +22.53% |
Dividends
HUBS vs. ZBH - Dividend Comparison
HUBS has not paid dividends to shareholders, while ZBH's dividend yield for the trailing twelve months is around 1.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HUBS HubSpot, 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% |
ZBH Zimmer Biomet Holdings, Inc. | 1.08% | 1.07% | 0.91% | 0.79% | 0.75% | 0.76% | 0.62% | 0.64% | 0.93% | 0.80% | 0.93% | 0.86% |
Financials
HUBS vs. ZBH - Financials Comparison
This section allows you to compare key financial metrics between HubSpot, Inc. and Zimmer Biomet Holdings, 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
HUBS vs. ZBH - Profitability Comparison
HUBS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported a gross profit of 735.30M and revenue of 881.00M. Therefore, the gross margin over that period was 83.5%.
ZBH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zimmer Biomet Holdings, Inc. reported a gross profit of 1.51B and revenue of 2.09B. Therefore, the gross margin over that period was 72.4%.
HUBS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported an operating income of 27.94M and revenue of 881.00M, resulting in an operating margin of 3.2%.
ZBH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zimmer Biomet Holdings, Inc. reported an operating income of 373.20M and revenue of 2.09B, resulting in an operating margin of 17.9%.
HUBS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HubSpot, Inc. reported a net income of 32.55M and revenue of 881.00M, resulting in a net margin of 3.7%.
ZBH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zimmer Biomet Holdings, Inc. reported a net income of 238.10M and revenue of 2.09B, resulting in a net margin of 11.4%.
Frequently Asked Questions
HUBS and ZBH have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUBS has higher volatility (27.45%) compared to ZBH (5.90%). In terms of maximum drawdown, HUBS dropped -78.99% vs ZBH's -65.03%.
ZBH currently has the higher Sharpe Ratio (-0.13 vs -1.07), 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.
Find the right allocation for HUBS and ZBH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer