DECK vs. AXON
DECK (Deckers Outdoor Corporation) and AXON (Axon Enterprise, Inc.) are both stocks. DECK operates in Footwear & Accessories (Consumer Cyclical), while AXON operates in Aerospace & Defense (Industrials). Over the past 10 years, DECK returned 28.83%/yr vs 34.58%/yr for AXON. At a 0.29 correlation, their price movements are largely independent.
Performance
DECK vs. AXON - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DECK achieves a 9.80% return, which is significantly higher than AXON's -22.22% return. Over the past 10 years, DECK has underperformed AXON with an annualized return of 28.83%, while AXON has yielded a comparatively higher 34.58% annualized return.
DECK
- 1D
- -0.47%
- 1M
- 21.67%
- YTD
- 9.80%
- 6M
- 12.50%
- 1Y
- 12.17%
- 3Y*
- 11.65%
- 5Y*
- 15.35%
- 10Y*
- 28.83%
AXON
- 1D
- -1.00%
- 1M
- 13.79%
- YTD
- -22.22%
- 6M
- -21.72%
- 1Y
- -43.41%
- 3Y*
- 30.96%
- 5Y*
- 22.92%
- 10Y*
- 34.58%
DECK vs. AXON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DECK Deckers Outdoor Corporation | 9.80% | -48.95% | 82.30% | 67.46% | 8.97% | 27.73% | 69.83% | 31.97% | 59.44% | 44.88% |
AXON Axon Enterprise, Inc. | -22.22% | -4.44% | 130.06% | 55.69% | 5.69% | 28.13% | 67.21% | 67.50% | 65.09% | 9.32% |
Correlation
The correlation between DECK and AXON is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2001 | 0.29 |
The correlation between DECK and AXON shifts across timeframes, from 0.13 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DECK:
$16.11B
AXON:
$36.43B
DECK:
$6.98
AXON:
$2.41
DECK:
16.31
AXON:
183.64
DECK:
0.59
AXON:
0.05
DECK:
3.05
AXON:
12.70
DECK:
6.44
AXON:
10.31
DECK:
$5.47B
AXON:
$2.98B
DECK:
$3.16B
AXON:
$1.77B
DECK:
$1.31B
AXON:
$156.24M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DECK vs. AXON — Risk / Return Rank
DECK
AXON
DECK vs. AXON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deckers Outdoor Corporation (DECK) and Axon Enterprise, Inc. (AXON). 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.
| DECK | AXON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.87 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | -0.72 | +0.88 |
| Martin ratioReturn relative to average drawdown | 0.34 | -1.22 | +1.56 |
Loading charts...
Drawdowns
DECK vs. AXON - Drawdown Comparison
The maximum DECK drawdown since its inception was -94.36%, roughly equal to the maximum AXON drawdown of -91.78%. Use the drawdown chart below to compare losses from any high point for DECK and AXON.
Loading charts...
Drawdown Indicators
| DECK | AXON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.36% | -91.78% | -2.58% |
Max Drawdown (1Y)Largest decline over 1 year | -35.81% | -60.28% | +24.47% |
Max Drawdown (3Y)Largest decline over 3 years | -64.35% | -60.28% | -4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -64.35% | -60.28% | -4.07% |
Max Drawdown (10Y)Largest decline over 10 years | -64.35% | -60.28% | -4.07% |
Current DrawdownCurrent decline from peak | -48.98% | -49.28% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -40.35% | -43.60% | +3.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.87% | 35.34% | -18.47% |
Volatility
DECK vs. AXON - Volatility Comparison
The current volatility for Deckers Outdoor Corporation (DECK) is 10.35%, while Axon Enterprise, Inc. (AXON) has a volatility of 17.73%. This indicates that DECK experiences smaller price fluctuations and is considered to be less risky than AXON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DECK | AXON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.35% | 17.73% | -7.38% |
Volatility (6M)Calculated over the trailing 6-month period | 31.08% | 44.20% | -13.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.42% | 55.66% | -10.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.98% | 47.94% | -3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.47% | 49.18% | -6.71% |
Dividends
DECK vs. AXON - Dividend Comparison
Neither DECK nor AXON has paid dividends to shareholders.
Financials
DECK vs. AXON - Financials Comparison
This section allows you to compare key financial metrics between Deckers Outdoor Corporation and Axon Enterprise, 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
DECK vs. AXON - Profitability Comparison
DECK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deckers Outdoor Corporation reported a gross profit of 644.64M and revenue of 1.12B. Therefore, the gross margin over that period was 57.6%.
AXON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported a gross profit of 477.29M and revenue of 807.35M. Therefore, the gross margin over that period was 59.1%.
DECK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deckers Outdoor Corporation reported an operating income of 156.73M and revenue of 1.12B, resulting in an operating margin of 14.0%.
AXON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported an operating income of 29.24M and revenue of 807.35M, resulting in an operating margin of 3.6%.
DECK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deckers Outdoor Corporation reported a net income of 135.57M and revenue of 1.12B, resulting in a net margin of 12.1%.
AXON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axon Enterprise, Inc. reported a net income of 169.31M and revenue of 807.35M, resulting in a net margin of 21.0%.
Frequently Asked Questions
DECK and AXON have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXON has higher volatility (17.73%) compared to DECK (10.35%). In terms of maximum drawdown, DECK dropped -94.36% vs AXON's -91.78%.
DECK currently has the higher Sharpe Ratio (0.13 vs -0.78), 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.
Find the right allocation for DECK and AXON
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer