DECK vs. CBOE
DECK (Deckers Outdoor Corporation) and CBOE (Cboe Global Markets, Inc.) are both stocks. DECK operates in Footwear & Accessories (Consumer Cyclical), while CBOE operates in Financial Data & Stock Exchanges (Financial Services). Over the past 10 years, DECK returned 26.25%/yr vs 16.68%/yr for CBOE. At a 0.13 correlation, their price movements are largely independent.
Performance
DECK vs. CBOE - Performance Comparison
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Returns By Period
In the year-to-date period, DECK achieves a 0.36% return, which is significantly lower than CBOE's 11.35% return. Over the past 10 years, DECK has outperformed CBOE with an annualized return of 26.25%, while CBOE has yielded a comparatively lower 16.68% annualized return.
DECK
- 1D
- -2.30%
- 1M
- -4.65%
- 6M
- 3.33%
- YTD
- 0.36%
- 1Y
- 2.09%
- 3Y*
- 5.11%
- 5Y*
- 10.03%
- 10Y*
- 26.25%
- ALL TIME*
- 14.95%
CBOE
- 1D
- 1.76%
- 1M
- 11.69%
- 6M
- 2.17%
- YTD
- 11.35%
- 1Y
- 17.81%
- 3Y*
- 26.15%
- 5Y*
- 20.25%
- 10Y*
- 16.68%
- ALL TIME*
- 16.08%
DECK vs. CBOE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DECK Deckers Outdoor Corporation | 0.36% | -48.95% | 82.30% | 67.46% | 8.97% | 27.73% | 69.83% | 31.97% | 59.44% | 44.88% |
CBOE Cboe Global Markets, Inc. | 11.35% | 29.96% | 10.74% | 44.37% | -2.16% | 42.23% | -21.17% | 24.16% | -20.60% | 70.49% |
Correlation
The correlation between DECK and CBOE is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2010 | 0.13 |
The correlation between DECK and CBOE shifts across timeframes, from -0.18 (3 years) to 0.13 (all time), reflecting how their relationship changes across market environments.
Fundamentals
DECK:
$14.45B
CBOE:
$29.12B
DECK:
$7.02
CBOE:
$11.77
DECK:
14.81
CBOE:
23.64
DECK:
0.54
CBOE:
0.44
DECK:
2.77
CBOE:
6.09
DECK:
5.89
CBOE:
5.44
DECK:
$5.47B
CBOE:
$4.79B
DECK:
$3.16B
CBOE:
$2.50B
DECK:
$1.31B
CBOE:
$1.87B
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Return for Risk
DECK vs. CBOE — Risk / Return Rank
DECK
CBOE
DECK vs. CBOE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deckers Outdoor Corporation (DECK) and Cboe Global Markets, Inc. (CBOE). 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 | CBOE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.13 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | 0.49 | -0.43 |
| Martin ratioReturn relative to average drawdown | 0.12 | 1.69 | -1.57 |
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Drawdowns
DECK vs. CBOE - Drawdown Comparison
The maximum DECK drawdown since its inception was -94.36%, which is greater than CBOE's maximum drawdown of -43.23%. Use the drawdown chart below to compare losses from any high point for DECK and CBOE.
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Drawdown Indicators
| DECK | CBOE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.36% | -43.23% | -51.13% |
Max Drawdown (1Y)Largest decline over 1 year | -35.81% | -36.73% | +0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -64.35% | -36.73% | -27.62% |
Max Drawdown (5Y)Largest decline over 5 years | -64.35% | -36.73% | -27.62% |
Max Drawdown (10Y)Largest decline over 10 years | -64.35% | -43.23% | -21.12% |
Current DrawdownCurrent decline from peak | -53.37% | -23.97% | -29.40% |
Average DrawdownAverage peak-to-trough decline | -40.39% | -11.51% | -28.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.42% | 10.58% | +6.84% |
Volatility
DECK vs. CBOE - Volatility Comparison
Deckers Outdoor Corporation (DECK) and Cboe Global Markets, Inc. (CBOE) have volatilities of 11.02% and 11.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DECK | CBOE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.02% | 11.54% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 31.81% | 28.31% | +3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.82% | 31.19% | +14.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.10% | 24.07% | +20.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.55% | 25.78% | +16.77% |
Dividends
DECK vs. CBOE - Dividend Comparison
DECK has not paid dividends to shareholders, while CBOE's dividend yield for the trailing twelve months is around 1.04%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBOE Cboe Global Markets, Inc. | 1.04% | 1.08% | 1.21% | 1.18% | 1.56% | 1.38% | 1.68% | 1.12% | 1.19% | 0.83% | 1.30% | 1.36% |
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. CBOE - Financials Comparison
This section allows you to compare key financial metrics between Deckers Outdoor Corporation and Cboe Global Markets, 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. CBOE - Profitability Comparison
DECK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
CBOE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported a gross profit of 669.90M and revenue of 1.27B. Therefore, the gross margin over that period was 52.6%.
DECK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Deckers Outdoor Corporation reported an operating income of 156.73M and revenue of 1.12B, resulting in an operating margin of 14.0%.
CBOE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported an operating income of 505.60M and revenue of 1.27B, resulting in an operating margin of 39.7%.
DECK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Deckers Outdoor Corporation reported a net income of 135.57M and revenue of 1.12B, resulting in a net margin of 12.1%.
CBOE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported a net income of 385.70M and revenue of 1.27B, resulting in a net margin of 30.3%.
Frequently Asked Questions
DECK and CBOE have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CBOE has higher volatility (11.54%) compared to DECK (11.02%). In terms of maximum drawdown, DECK dropped -94.36% vs CBOE's -43.23%.
CBOE currently has the higher Sharpe Ratio (0.57 vs 0.05), 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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