DECK vs. BX

Last updated Jun 13, 2026

DECK (Deckers Outdoor Corporation) and BX (Blackstone Inc.) are both stocks. DECK operates in Footwear & Accessories (Consumer Cyclical), while BX operates in Asset Management (Financial Services). Over the past 10 years, DECK returned 28.83%/yr vs 22.59%/yr for BX. At a 0.37 correlation, their price movements are largely independent.

Performance

DECK vs. BX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Deckers Outdoor Corporation (DECK) and Blackstone Inc. (BX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DECK achieves a 9.80% return, which is significantly higher than BX's -18.67% return. Over the past 10 years, DECK has outperformed BX with an annualized return of 28.83%, while BX has yielded a comparatively lower 22.59% 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%

BX

• 1D: 1.58%
• 1M: 4.16%
• YTD: -18.67%
• 6M: -17.07%
• 1Y: -6.72%
• 3Y*: 14.11%
• 5Y*: 8.83%
• 10Y*: 22.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DECK vs. BX - 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%
BX Blackstone Inc.	-18.67%	-7.84%	35.07%	82.75%	-40.01%	107.11%	19.78%	96.33%	0.10%	27.34%

Correlation

The correlation between DECK and BX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jun 22, 2007	0.37

Fundamentals

Market Cap DECK : $16.11B BX : $96.22B
EPS DECK : $6.98 BX : $3.90
PE Ratio DECK : 16.31 BX : 31.45
PEG Ratio DECK : 0.59 BX : 11.56
PS Ratio DECK : 3.05 BX : 6.41
PB Ratio DECK : 6.44 BX : 11.50
Total Revenue (TTM) DECK : $5.47B BX : $14.99B
Gross Profit (TTM) DECK : $3.16B BX : $13.12B
EBITDA (TTM) DECK : $1.31B BX : $7.37B

Return for Risk

DECK vs. BX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DECK

DECK Risk / Return Rank: 46
DECK Sharpe Ratio Rank: 47
DECK Sortino Ratio Rank: 45
DECK Omega Ratio Rank: 44
DECK Calmar Ratio Rank: 47
DECK Martin Ratio Rank: 46

BX

BX Risk / Return Rank: 32
BX Sharpe Ratio Rank: 31
BX Sortino Ratio Rank: 28
BX Omega Ratio Rank: 28
BX Calmar Ratio Rank: 36
BX Martin Ratio Rank: 36

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.

DECK vs. BX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deckers Outdoor Corporation (DECK) and Blackstone Inc. (BX). 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	BX	Difference
Sharpe ratio: Return per unit of total volatility	0.13	-0.28	+0.40
Sortino ratio: Return per unit of downside risk	0.54	-0.16	+0.70
Omega ratio: Gain probability vs. loss probability	1.06	0.98	+0.08
Calmar ratio: Return relative to maximum drawdown	0.16	-0.22	+0.38
Martin ratio: Return relative to average drawdown	0.34	-0.40	+0.74

DECK vs. BX - Sharpe Ratio Comparison

The current DECK Sharpe Ratio is 0.13, which is higher than the BX Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of DECK and BX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DECK vs. BX - Drawdown Comparison

The maximum DECK drawdown since its inception was -94.36%, which is greater than BX's maximum drawdown of -88.09%. Use the drawdown chart below to compare losses from any high point for DECK and BX.

Drawdown Indicators

	DECK	BX	Difference
Max Drawdown Largest peak-to-trough decline	-94.36%	-88.09%	-6.27%
Max Drawdown (1Y) Largest decline over 1 year	-35.81%	-44.76%	+8.95%
Max Drawdown (3Y) Largest decline over 3 years	-64.35%	-46.50%	-17.85%
Max Drawdown (5Y) Largest decline over 5 years	-64.35%	-49.29%	-15.06%
Max Drawdown (10Y) Largest decline over 10 years	-64.35%	-49.29%	-15.06%
Current Drawdown Current decline from peak	-48.98%	-35.07%	-13.91%
Average Drawdown Average peak-to-trough decline	-40.35%	-26.39%	-13.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.87%	24.20%	-7.33%

Volatility

DECK vs. BX - Volatility Comparison

The current volatility for Deckers Outdoor Corporation (DECK) is 10.35%, while Blackstone Inc. (BX) has a volatility of 12.67%. This indicates that DECK experiences smaller price fluctuations and is considered to be less risky than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DECK	BX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.35%	12.67%	-2.32%
Volatility (6M) Calculated over the trailing 6-month period	31.08%	28.51%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	45.42%	34.98%	+10.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.98%	39.41%	+4.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.47%	35.79%	+6.68%

Dividends

DECK vs. BX - Dividend Comparison

DECK has not paid dividends to shareholders, while BX's dividend yield for the trailing twelve months is around 4.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BX Blackstone Inc.	4.05%	3.04%	2.00%	2.54%	6.66%	2.76%	2.95%	3.43%	8.12%	7.25%	6.14%	11.76%
DECK Deckers Outdoor Corporation	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

DECK vs. BX - Profitability Comparison

The chart below illustrates the profitability comparison between Deckers Outdoor Corporation and Blackstone Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

BX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a gross profit of 4.04B and revenue of 4.10B. Therefore, the gross margin over that period was 98.5%.

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%.

BX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported an operating income of 1.59B and revenue of 4.10B, resulting in an operating margin of 38.8%.

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%.

BX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a net income of 649.73M and revenue of 4.10B, resulting in a net margin of 15.8%.

Frequently Asked Questions

Can I hold both DECK and BX in my portfolio?

DECK and BX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DECK or BX?

BX has higher volatility (12.67%) compared to DECK (10.35%). In terms of maximum drawdown, DECK dropped -94.36% vs BX's -88.09%.

Which has better risk-adjusted returns?

DECK currently has the higher Sharpe Ratio (0.13 vs -0.28), 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.