DECK vs. GAP
DECK (Deckers Outdoor Corporation) and GAP (The Gap, Inc.) are both stocks. Both are in the Consumer Cyclical sector — DECK in Footwear & Accessories, GAP in Apparel Retail. Over the past 10 years, DECK returned 26.25%/yr vs 1.47%/yr for GAP. At a 0.28 correlation, their price movements are largely independent.
Performance
DECK vs. GAP - Performance Comparison
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Returns By Period
In the year-to-date period, DECK achieves a 0.36% return, which is significantly higher than GAP's -20.58% return. Over the past 10 years, DECK has outperformed GAP with an annualized return of 26.25%, while GAP has yielded a comparatively lower 1.47% 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%
GAP
- 1D
- -2.31%
- 1M
- -5.13%
- 6M
- -24.40%
- YTD
- -20.58%
- 1Y
- 1.49%
- 3Y*
- 33.77%
- 5Y*
- -3.85%
- 10Y*
- 1.47%
- ALL TIME*
- 7.24%
DECK vs. GAP - 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% |
GAP The Gap, Inc. | -20.58% | 11.74% | 16.14% | 96.66% | -32.64% | -11.11% | 15.73% | -28.11% | -21.95% | 56.05% |
Correlation
The correlation between DECK and GAP is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 1993 | 0.28 |
Over the past year, DECK and GAP have become more correlated (0.51) than their long-term average of 0.28, meaning their price movements have been converging.
Fundamentals
DECK:
$14.45B
GAP:
$7.16B
DECK:
$7.02
GAP:
$2.53
DECK:
14.81
GAP:
7.86
DECK:
0.54
GAP:
0.23
DECK:
2.77
GAP:
0.49
DECK:
5.89
GAP:
2.06
DECK:
$5.47B
GAP:
$15.40B
DECK:
$3.16B
GAP:
$6.24B
DECK:
$1.31B
GAP:
$1.71B
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Return for Risk
DECK vs. GAP — Risk / Return Rank
DECK
GAP
DECK vs. GAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deckers Outdoor Corporation (DECK) and The Gap, Inc. (GAP). 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 | GAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.05 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | 0.04 | +0.02 |
| Martin ratioReturn relative to average drawdown | 0.12 | 0.10 | +0.02 |
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Drawdowns
DECK vs. GAP - Drawdown Comparison
The maximum DECK drawdown since its inception was -94.36%, which is greater than GAP's maximum drawdown of -85.61%. Use the drawdown chart below to compare losses from any high point for DECK and GAP.
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Drawdown Indicators
| DECK | GAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.36% | -85.61% | -8.75% |
Max Drawdown (1Y)Largest decline over 1 year | -35.81% | -35.97% | +0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -64.35% | -38.00% | -26.35% |
Max Drawdown (5Y)Largest decline over 5 years | -64.35% | -73.39% | +9.04% |
Max Drawdown (10Y)Largest decline over 10 years | -64.35% | -83.13% | +18.78% |
Current DrawdownCurrent decline from peak | -53.37% | -35.91% | -17.46% |
Average DrawdownAverage peak-to-trough decline | -40.39% | -40.90% | +0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.42% | 14.59% | +2.83% |
Volatility
DECK vs. GAP - Volatility Comparison
The current volatility for Deckers Outdoor Corporation (DECK) is 11.02%, while The Gap, Inc. (GAP) has a volatility of 11.67%. This indicates that DECK experiences smaller price fluctuations and is considered to be less risky than GAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DECK | GAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.02% | 11.67% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 31.81% | 35.42% | -3.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.82% | 44.75% | +1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.10% | 55.65% | -11.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.55% | 55.38% | -12.83% |
Dividends
DECK vs. GAP - Dividend Comparison
DECK has not paid dividends to shareholders, while GAP's dividend yield for the trailing twelve months is around 3.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
GAP The Gap, Inc. | 3.42% | 2.52% | 2.54% | 2.87% | 5.05% | 2.73% | 1.20% | 5.49% | 3.72% | 2.03% | 5.12% | 3.68% |
Financials
DECK vs. GAP - Financials Comparison
This section allows you to compare key financial metrics between Deckers Outdoor Corporation and The Gap, 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. GAP - 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%.
GAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Gap, Inc. reported a gross profit of 1.42B and revenue of 3.50B. Therefore, the gross margin over that period was 40.5%.
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%.
GAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Gap, Inc. reported an operating income of 445.00M and revenue of 3.50B, resulting in an operating margin of 12.7%.
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%.
GAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Gap, Inc. reported a net income of 339.00M and revenue of 3.50B, resulting in a net margin of 9.7%.
Frequently Asked Questions
DECK and GAP have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GAP has higher volatility (11.67%) compared to DECK (11.02%). In terms of maximum drawdown, DECK dropped -94.36% vs GAP's -85.61%.
DECK currently has the higher Sharpe Ratio (0.05 vs 0.03), 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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