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 November 2026 at $192.47, down 19.07% for the month and −37.63% over the trailing 12 months.
- Year-to-date, ZS is −14.43%, underperforming the S&P 500 which has returned +10.62% YTD.
- The stock is trading +15.28% versus its 200-day moving average ($166.95), a bullish technical signal.
- Over the past three years, ZS has underperformed the S&P 500 by −63.35%, with a relative strength index reading of 63.
- Win rate over the trailing 39 months stands at 56.4% — 22 positive months versus 17 negative months.
Zscaler ended November 2026 at $192.47, posting a monthly return of −19.07%. The S&P 500 returned −0.18% over the same window, leaving relative performance at −18.89%.
The current quarter stands at −3.49% (Q4 2026 (QTD)), while medium-term trend remains constructive: price is +15.28% versus the 200-day moving average ($166.95).
Year-to-date, ZS is −14.43% against SPY +10.62%, a gap of −25.05%. The stock is currently −42.36% below its 52-week high, with maximum 3-year drawdown at −64.89%.
| Period | ZS | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −0.39% | −0.36% | −0.02% |
| 1 Week | −2.63% | +2.59% | −5.22% |
| 1 Month | −19.07% | −0.18% | −18.89% |
| 3 Months | +4.35% | −2.37% | +6.72% |
| 6 Months | +26.27% | +0.83% | +25.44% |
| YTD | −14.43% | +10.62% | −25.05% |
| 12 Months | −37.63% | +12.25% | −49.88% |
| 3 Years | +8.03% | +71.37% | −63.35% |
| Rank | Month | Return |
|---|---|---|
| #1 | Aug 2026 | +24.59% |
| #2 | Nov 2023 | +24.48% |
| #3 | May 2025 | +21.90% |
| #4 | Oct 2026 | +19.26% |
| #5 | Nov 2024 | +14.27% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2026 | −26.51% |
| #2 | Nov 2025 | −24.05% |
| #3 | Mar 2024 | −20.39% |
| #4 | Nov 2026 | −19.07% |
| #5 | Sep 2024 | −14.52% |
| Quarter | Return |
|---|---|
| Q3 2025 | −4.55% |
| Q4 2025 | −24.94% |
| Q1 2026 | −37.63% |
| Q2 2026 | +0.61% |
| Q3 2026 | +41.28% |
| Q4 2026 (QTD) | −3.49% |
| Year | Return |
|---|---|
| 2023 | +98.00% |
| 2024 | −18.57% |
| 2025 | +24.67% |
| 2026 | −14.43% |
| Metric | Value |
|---|---|
| 52-Week High | $333.90 (2025-11-12) |
| 52-Week Low | $114.63 (2026-04-10) |
| Current Price | $192.47 |
| 200-Day Moving Average | $166.95 |
| Price vs 200DMA | +15.28% |
| 3-Year Maximum Drawdown | −64.89% (2026-04-10) |
| Current Drawdown from 52W High | −42.36% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 63 |
| 3-Year Excess Return vs S&P 500 | −63.35% |
| RS Peak | 127.8 (Jun 2025) |
| RS Trough | 41.2 (Jun 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was ZS's return for this report period?
ZS returned −19.07% in the latest monthly window ending 2026-11-13.
Has ZS outperformed SPY year to date?
YTD ZS: −14.43% vs SPY: +10.62%.
What is ZS's 12-month return?
−37.63% over the trailing 12 months.
Is ZS above or below its 200-day moving average?
Price is +15.28% versus 200DMA ($166.95).
What is the maximum drawdown in the 3-year window?
−64.89% on 2026-04-10.