ZS monthly performance report
Explore ZS's monthly returns, drawdown, and seasonality trends — updated every month.
ZS monthly report
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Key takeaways
- Zscaler (ZS) closed September 2026 at $197.31, up 4.74% for the month and −32.22% over the trailing 12 months.
- Year-to-date, ZS is −12.28%, underperforming the S&P 500 which has returned +11.70% YTD.
- The stock is trading +16.50% versus its 200-day moving average ($169.37), a bullish technical signal.
- Over the past three years, ZS has underperformed the S&P 500 by −44.17%, with a relative strength index reading of 74.3.
- Win rate over the trailing 39 months stands at 56.4% — 22 positive months versus 17 negative months.
Zscaler ended September 2026 at $197.31, posting a monthly return of +4.74%. The S&P 500 returned −0.70% over the same window, leaving relative performance at +5.44%.
The current quarter stands at +39.79% (Q3 2026 (QTD)), while medium-term trend remains constructive: price is +16.50% versus the 200-day moving average ($169.37).
Year-to-date, ZS is −12.28% against SPY +11.70%, a gap of −23.97%. The stock is currently −41.45% below its 52-week high, with maximum 3-year drawdown at −64.89%.
| Period | ZS | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −0.08% | −0.12% | +0.04% |
| 1 Week | +19.92% | −0.34% | +20.26% |
| 1 Month | +4.74% | −0.70% | +5.44% |
| 3 Months | +58.04% | +2.80% | +55.24% |
| 6 Months | +26.48% | +13.85% | +12.63% |
| YTD | −12.28% | +11.70% | −23.97% |
| 12 Months | −32.22% | +15.01% | −47.24% |
| 3 Years | +27.53% | +71.69% | −44.17% |
| Rank | Month | Return |
|---|---|---|
| #1 | Aug 2026 | +24.59% |
| #2 | Nov 2023 | +24.48% |
| #3 | May 2025 | +21.90% |
| #4 | Nov 2024 | +14.27% |
| #5 | Apr 2025 | +13.99% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2026 | −26.51% |
| #2 | Nov 2025 | −24.05% |
| #3 | Mar 2024 | −20.39% |
| #4 | Sep 2024 | −14.52% |
| #5 | Dec 2024 | −12.67% |
| Quarter | Return |
|---|---|
| Q2 2025 | +58.22% |
| Q3 2025 | −4.55% |
| Q4 2025 | −24.94% |
| Q1 2026 | −37.63% |
| Q2 2026 | +0.61% |
| Q3 2026 (QTD) | +39.79% |
| Year | Return |
|---|---|
| 2023 | +98.00% |
| 2024 | −18.57% |
| 2025 | +24.67% |
| 2026 | −12.28% |
| Metric | Value |
|---|---|
| 52-Week High | $336.99 (2025-11-03) |
| 52-Week Low | $114.63 (2026-04-10) |
| Current Price | $197.31 |
| 200-Day Moving Average | $169.37 |
| Price vs 200DMA | +16.50% |
| 3-Year Maximum Drawdown | −64.89% (2026-04-10) |
| Current Drawdown from 52W High | −41.45% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 74.3 |
| 3-Year Excess Return vs S&P 500 | −44.17% |
| RS Peak | 148.3 (Jun 2025) |
| RS Trough | 47.8 (Jun 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was ZS's return for this report period?
ZS returned +4.74% in the latest monthly window ending 2026-09-18.
Has ZS outperformed SPY year to date?
YTD ZS: −12.28% vs SPY: +11.70%.
What is ZS's 12-month return?
−32.22% over the trailing 12 months.
Is ZS above or below its 200-day moving average?
Price is +16.50% versus 200DMA ($169.37).
What is the maximum drawdown in the 3-year window?
−64.89% on 2026-04-10.