BKE vs. BOOT
BKE (The Buckle, Inc.) and BOOT (Boot Barn Holdings, Inc.) are both stocks. Both operate in the Apparel Retail industry within the Consumer Cyclical sector. Over the past 10 years, BKE returned 15.75%/yr vs 35.58%/yr for BOOT. At a 0.48 correlation, their price movements are largely independent.
Performance
BKE vs. BOOT - Performance Comparison
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Returns By Period
In the year-to-date period, BKE achieves a -11.45% return, which is significantly lower than BOOT's -1.65% return. Over the past 10 years, BKE has underperformed BOOT with an annualized return of 15.75%, while BOOT has yielded a comparatively higher 35.58% annualized return.
BKE
- 1D
- -1.49%
- 1M
- -10.50%
- YTD
- -11.45%
- 6M
- -12.81%
- 1Y
- 8.02%
- 3Y*
- 19.22%
- 5Y*
- 7.59%
- 10Y*
- 15.75%
BOOT
- 1D
- -2.75%
- 1M
- 12.23%
- YTD
- -1.65%
- 6M
- -7.12%
- 1Y
- 10.34%
- 3Y*
- 29.98%
- 5Y*
- 15.43%
- 10Y*
- 35.58%
BKE vs. BOOT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BKE The Buckle, Inc. | -11.45% | 13.95% | 17.49% | 15.02% | 10.91% | 49.40% | 25.01% | 55.19% | -7.63% | 15.42% |
BOOT Boot Barn Holdings, Inc. | -1.65% | 16.24% | 97.79% | 22.78% | -49.19% | 183.79% | -2.63% | 161.48% | 2.53% | 32.67% |
Correlation
The correlation between BKE and BOOT is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2014 | 0.48 |
The correlation between BKE and BOOT has been stable across timeframes, ranging from 0.48 to 0.58 - a consistent structural relationship.
Fundamentals
BKE:
$2.25B
BOOT:
$5.33B
BKE:
$4.36
BOOT:
$7.35
BKE:
10.13
BOOT:
23.62
BKE:
1.71
BOOT:
2.37
BKE:
4.91
BOOT:
4.04
BKE:
$1.31B
BOOT:
$2.25B
BKE:
$642.36M
BOOT:
$858.36M
BKE:
$292.93M
BOOT:
$358.43M
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Return for Risk
BKE vs. BOOT — Risk / Return Rank
BKE
BOOT
BKE vs. BOOT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Buckle, Inc. (BKE) and Boot Barn Holdings, Inc. (BOOT). 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.
| BKE | BOOT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.07 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 0.30 | +0.04 |
| Martin ratioReturn relative to average drawdown | 0.80 | 0.73 | +0.07 |
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Drawdowns
BKE vs. BOOT - Drawdown Comparison
The maximum BKE drawdown since its inception was -71.08%, smaller than the maximum BOOT drawdown of -83.73%. Use the drawdown chart below to compare losses from any high point for BKE and BOOT.
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Drawdown Indicators
| BKE | BOOT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.08% | -83.73% | +12.65% |
Max Drawdown (1Y)Largest decline over 1 year | -23.78% | -35.01% | +11.23% |
Max Drawdown (3Y)Largest decline over 3 years | -33.91% | -48.93% | +15.02% |
Max Drawdown (5Y)Largest decline over 5 years | -48.89% | -60.62% | +11.73% |
Max Drawdown (10Y)Largest decline over 10 years | -53.20% | -77.88% | +24.68% |
Current DrawdownCurrent decline from peak | -22.68% | -16.55% | -6.13% |
Average DrawdownAverage peak-to-trough decline | -27.70% | -32.28% | +4.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.05% | 14.12% | -4.07% |
Volatility
BKE vs. BOOT - Volatility Comparison
The current volatility for The Buckle, Inc. (BKE) is 12.45%, while Boot Barn Holdings, Inc. (BOOT) has a volatility of 13.98%. This indicates that BKE experiences smaller price fluctuations and is considered to be less risky than BOOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BKE | BOOT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.45% | 13.98% | -1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 22.26% | 33.60% | -11.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.20% | 43.76% | -14.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.08% | 49.95% | -13.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.68% | 57.02% | -13.34% |
Dividends
BKE vs. BOOT - Dividend Comparison
BKE's dividend yield for the trailing twelve months is around 9.97%, while BOOT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKE The Buckle, Inc. | 9.97% | 7.30% | 7.68% | 8.52% | 2.32% | 3.17% | 14.21% | 7.40% | 14.22% | 8.42% | 8.77% | 11.99% |
BOOT Boot Barn Holdings, 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% |
Financials
BKE vs. BOOT - Financials Comparison
This section allows you to compare key financial metrics between The Buckle, Inc. and Boot Barn 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
BKE vs. BOOT - Profitability Comparison
BKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Buckle, Inc. reported a gross profit of 133.48M and revenue of 288.74M. Therefore, the gross margin over that period was 46.2%.
BOOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boot Barn Holdings, Inc. reported a gross profit of 195.75M and revenue of 538.75M. Therefore, the gross margin over that period was 36.3%.
BKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Buckle, Inc. reported an operating income of 59.45M and revenue of 288.74M, resulting in an operating margin of 20.6%.
BOOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boot Barn Holdings, Inc. reported an operating income of 57.22M and revenue of 538.75M, resulting in an operating margin of 10.6%.
BKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Buckle, Inc. reported a net income of 46.88M and revenue of 288.74M, resulting in a net margin of 16.2%.
BOOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boot Barn Holdings, Inc. reported a net income of 44.44M and revenue of 538.75M, resulting in a net margin of 8.3%.
Frequently Asked Questions
BKE and BOOT have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BOOT has higher volatility (13.98%) compared to BKE (12.45%). In terms of maximum drawdown, BKE dropped -71.08% vs BOOT's -83.73%.
BKE currently has the higher Sharpe Ratio (0.28 vs 0.24), 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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