Z vs. ZG

Last updated Apr 1, 2026

Compare and contrast key facts about Zillow Group, Inc. (Z) and Zillow Group, Inc. (ZG).

Performance

Z vs. ZG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zillow Group, Inc. (Z) and Zillow Group, Inc. (ZG). The values are adjusted to include any dividend payments, if applicable.

Z vs. ZG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
Z Zillow Group, Inc.	-39.34%	-7.87%	27.98%	79.63%	-49.55%	-50.81%	182.54%	45.47%	-22.83%	12.20%
ZG Zillow Group, Inc.	-39.34%	-3.70%	24.91%	81.74%	-49.84%	-54.23%	197.20%	45.53%	-22.85%	11.77%

Fundamentals

Market Cap Z : $10.44B ZG : $10.45B
EPS Z : $0.09 ZG : $0.09
PE Ratio Z : 449.61 ZG : 456.07
PEG Ratio Z : 3.04 ZG : 3.09
PS Ratio Z : 4.00 ZG : 4.06
PB Ratio Z : 2.14 ZG : 2.14
Total Revenue (TTM) Z : $2.58B ZG : $2.58B
Gross Profit (TTM) Z : $1.92B ZG : $1.92B
EBITDA (TTM) Z : $229.00M ZG : $235.00M

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with Z at -39.34% and ZG at -39.34%. Over the past 10 years, Z has outperformed ZG with an annualized return of 5.84%, while ZG has yielded a comparatively lower 5.26% annualized return.

Z

• 1D: 1.45%
• 1M: -7.26%
• YTD: -39.34%
• 6M: -46.29%
• 1Y: -39.64%
• 3Y*: -2.37%
• 5Y*: -20.87%
• 10Y*: 5.84%

ZG

• 1D: 1.87%
• 1M: -7.61%
• YTD: -39.34%
• 6M: -44.40%
• 1Y: -38.09%
• 3Y*: -1.79%
• 5Y*: -21.11%
• 10Y*: 5.26%

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

Return for Risk

Z vs. ZG — Risk / Return Rank

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

Z

Z Risk / Return Rank: 10
Z Sharpe Ratio Rank: 7
Z Sortino Ratio Rank: 9
Z Omega Ratio Rank: 10
Z Calmar Ratio Rank: 17
Z Martin Ratio Rank: 6

ZG

ZG Risk / Return Rank: 10
ZG Sharpe Ratio Rank: 7
ZG Sortino Ratio Rank: 10
ZG Omega Ratio Rank: 10
ZG Calmar Ratio Rank: 16
ZG Martin Ratio Rank: 5

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.

Z vs. ZG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zillow Group, Inc. (Z) and Zillow Group, Inc. (ZG). 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.

	Z	ZG	Difference
Sharpe ratio Return per unit of total volatility	-0.89	-0.87	-0.02
Sortino ratio Return per unit of downside risk	-1.17	-1.12	-0.05
Omega ratio Gain probability vs. loss probability	0.86	0.86	0.00
Calmar ratio Return relative to maximum drawdown	-0.72	-0.72	0.00
Martin ratio Return relative to average drawdown	-1.68	-1.69	+0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Z vs. ZG - Sharpe Ratio Comparison

The current Z Sharpe Ratio is -0.89, which is comparable to the ZG Sharpe Ratio of -0.87. The chart below compares the historical Sharpe Ratios of Z and ZG, 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

	Z	ZG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	-0.87	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	-0.40	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	0.10	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.02	+0.05

Correlation

The correlation between Z and ZG is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

Z vs. ZG - Dividend Comparison

Neither Z nor ZG has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Z vs. ZG - Drawdown Comparison

The maximum Z drawdown since its inception was -86.51%, roughly equal to the maximum ZG drawdown of -89.36%. Use the drawdown chart below to compare losses from any high point for Z and ZG.

Drawdown Indicators

	Z	ZG	Difference
Max Drawdown Largest peak-to-trough decline	-86.51%	-89.36%	+2.85%
Max Drawdown (1Y) Largest decline over 1 year	-55.23%	-53.42%	-1.81%
Max Drawdown (5Y) Largest decline over 5 years	-81.62%	-81.90%	+0.28%
Max Drawdown (10Y) Largest decline over 10 years	-86.51%	-86.74%	+0.23%
Current Drawdown Current decline from peak	-79.30%	-79.69%	+0.39%
Average Drawdown Average peak-to-trough decline	-43.84%	-56.37%	+12.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.73%	22.68%	+1.05%

Volatility

Z vs. ZG - Volatility Comparison

Zillow Group, Inc. (Z) and Zillow Group, Inc. (ZG) have volatilities of 15.77% and 15.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	Z	ZG	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.77%	15.50%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	35.57%	35.09%	+0.48%
Volatility (1Y) Calculated over the trailing 1-year period	44.59%	43.95%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.38%	52.72%	-0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.07%	53.17%	-0.10%

Financials

Z vs. ZG - Profitability Comparison

The chart below illustrates the profitability comparison between Zillow Group, Inc. and Zillow Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Z - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Zillow Group, Inc. reported a gross profit of 476.00M and revenue of 654.00M. Therefore, the gross margin over that period was 72.8%.

ZG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Zillow Group, Inc. reported a gross profit of 476.00M and revenue of 654.00M. Therefore, the gross margin over that period was 72.8%.

Z - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Zillow Group, Inc. reported an operating income of -11.00M and revenue of 654.00M, resulting in an operating margin of -1.7%.

ZG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Zillow Group, Inc. reported an operating income of -11.00M and revenue of 654.00M, resulting in an operating margin of -1.7%.

Z - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Zillow Group, Inc. reported a net income of 3.00M and revenue of 654.00M, resulting in a net margin of 0.5%.

ZG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Zillow Group, Inc. reported a net income of 3.00M and revenue of 654.00M, resulting in a net margin of 0.5%.