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ZTS vs. PAWZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ZTS vs. PAWZ

Last updated Jun 5, 2026

ZTS (Zoetis Inc.) is a stock, while PAWZ (ProShares Pet Care ETF) is Global Equities fund tracking the FactSet Pet Care Index. Over the past 5 years, ZTS returned -13.75%/yr vs -8.90%/yr for PAWZ. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

ZTS vs. PAWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zoetis Inc. (ZTS) and ProShares Pet Care ETF (PAWZ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ZTS achieves a -36.25% return, which is significantly lower than PAWZ's -13.24% return.

ZTS

1D
2.49%
1M
-29.34%
YTD
-36.25%
6M
-33.39%
1Y
-52.10%
3Y*
-21.60%
5Y*
-13.75%
10Y*
5.96%

PAWZ

1D
1.40%
1M
-7.48%
YTD
-13.24%
6M
-13.41%
1Y
-20.17%
3Y*
-1.03%
5Y*
-8.90%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ZTS vs. PAWZ - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
ZTS
Zoetis Inc.		-36.25%-21.75%-16.63%35.91%-39.51%48.26%25.76%55.71%-7.66%
PAWZ
ProShares Pet Care ETF		-13.24%1.21%3.88%12.47%-40.08%10.46%61.69%22.95%-9.71%

Correlation

The correlation between ZTS and PAWZ is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.65

Correlation (3Y)
Calculated over the trailing 3-year period

0.59

Correlation (5Y)
Calculated over the trailing 5-year period

0.65

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2018

0.64

The correlation between ZTS and PAWZ has been stable across timeframes, ranging from 0.59 to 0.65 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Zoetis Inc.

ProShares Pet Care ETF

Often compared with ZTS:
ZTS vs. IDXXZTS vs. ELANZTS vs. SPYZTS vs. CHWYZTS vs. ^SP500TRZTS vs. CAHZTS vs. LLY
Often compared with PAWZ:
PAWZ vs. IBUYPAWZ vs. SPYPAWZ vs. VOOPAWZ vs. BDVLPAWZ vs. FIXTPAWZ vs. SCHDPAWZ vs. DIVD

Return for Risk

ZTS vs. PAWZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ZTS
ZTS Risk / Return Rank: 22
Overall Rank
ZTS Sharpe Ratio Rank: 11
Sharpe Ratio Rank
ZTS Sortino Ratio Rank: 22
Sortino Ratio Rank
ZTS Omega Ratio Rank: 11
Omega Ratio Rank
ZTS Calmar Ratio Rank: 55
Calmar Ratio Rank
ZTS Martin Ratio Rank: 11
Martin Ratio Rank
PAWZ
PAWZ Risk / Return Rank: 11
Overall Rank
PAWZ Sharpe Ratio Rank: 11
Sharpe Ratio Rank
PAWZ Sortino Ratio Rank: 11
Sortino Ratio Rank
PAWZ Omega Ratio Rank: 11
Omega Ratio Rank
PAWZ Calmar Ratio Rank: 11
Calmar Ratio Rank
PAWZ Martin Ratio Rank: 00
Martin Ratio Rank
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.

ZTS vs. PAWZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zoetis Inc. (ZTS) and ProShares Pet Care ETF (PAWZ). 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.

ZTSPAWZDifference
Sharpe ratioReturn per unit of total volatility
-1.47
-1.22

-0.25

Sortino ratioReturn per unit of downside risk
-2.09
-1.72

-0.37

Omega ratioGain probability vs. loss probability

0.66

0.81

-0.15

Calmar ratioReturn relative to maximum drawdown

-0.94

-0.91

-0.03

Martin ratioReturn relative to average drawdown

-2.02

-2.18

+0.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZTS vs. PAWZ - Sharpe Ratio Comparison

The current ZTS Sharpe Ratio is -1.47, which is comparable to the PAWZ Sharpe Ratio of -1.22. The chart below compares the historical Sharpe Ratios of ZTS and PAWZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ZTSPAWZDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.47

-1.22

-0.25

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.48

-0.44

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.22

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.12

+0.19

Drawdowns

ZTS vs. PAWZ - Drawdown Comparison

The maximum ZTS drawdown since its inception was -68.48%, which is greater than PAWZ's maximum drawdown of -50.07%. Use the drawdown chart below to compare losses from any high point for ZTS and PAWZ.

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Drawdown Indicators

ZTSPAWZDifference

Max Drawdown

Largest peak-to-trough decline

-68.48%

-50.07%

-18.41%

Max Drawdown (1Y)

Largest decline over 1 year

-55.70%

-22.18%

-33.52%

Max Drawdown (3Y)

Largest decline over 3 years

-61.77%

-23.12%

-38.65%

Max Drawdown (5Y)

Largest decline over 5 years

-68.48%

-50.07%

-18.41%

Max Drawdown (10Y)

Largest decline over 10 years

-68.48%

—

—

Current Drawdown

Current decline from peak

-66.23%

-42.28%

-23.95%

Average Drawdown

Average peak-to-trough decline

-14.76%

-22.57%

+7.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

25.79%

9.39%

+16.40%

Volatility

ZTS vs. PAWZ - Volatility Comparison

Zoetis Inc. (ZTS) has a higher volatility of 26.68% compared to ProShares Pet Care ETF (PAWZ) at 5.99%. This indicates that ZTS's price experiences larger fluctuations and is considered to be riskier than PAWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ZTSPAWZDifference

Volatility (1M)

Calculated over the trailing 1-month period

26.68%

5.99%

+20.69%

Volatility (6M)

Calculated over the trailing 6-month period

31.25%

11.33%

+19.92%

Volatility (1Y)

Calculated over the trailing 1-year period

35.56%

16.65%

+18.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

28.74%

20.18%

+8.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.07%

21.68%

+5.39%

Dividends

ZTS vs. PAWZ - Dividend Comparison

ZTS's dividend yield for the trailing twelve months is around 2.59%, more than PAWZ's 0.88% yield.

PositionTTM20252024202320222021202020192018201720162015
PAWZ
ProShares Pet Care ETF		0.88%0.81%0.63%0.44%0.54%0.18%0.14%0.35%0.07%0.00%0.00%0.00%
ZTS
Zoetis Inc.		2.59%1.59%1.06%0.76%0.89%0.41%0.48%0.50%0.59%0.58%0.71%0.69%

Frequently Asked Questions

ZTS and PAWZ have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ZTS has higher volatility (26.68%) compared to PAWZ (5.99%). In terms of maximum drawdown, ZTS dropped -68.48% vs PAWZ's -50.07%.

PAWZ currently has the higher Sharpe Ratio (-1.22 vs -1.47), 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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