DKS vs. ASO
DKS (DICK'S Sporting Goods, Inc.) and ASO (Academy Sports and Outdoors, Inc.) are both stocks. Both operate in the Specialty Retail industry within the Consumer Cyclical sector. Over the past 5 years, DKS returned 23.39%/yr vs 5.98%/yr for ASO. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
DKS vs. ASO - Performance Comparison
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Returns By Period
In the year-to-date period, DKS achieves a 14.95% return, which is significantly higher than ASO's -0.40% return.
DKS
- 1D
- -0.47%
- 1M
- 7.43%
- YTD
- 14.95%
- 6M
- 9.43%
- 1Y
- 31.58%
- 3Y*
- 21.37%
- 5Y*
- 23.39%
- 10Y*
- 21.99%
ASO
- 1D
- 0.57%
- 1M
- -0.72%
- YTD
- -0.40%
- 6M
- -7.83%
- 1Y
- 11.72%
- 3Y*
- 1.53%
- 5Y*
- 5.98%
- 10Y*
- —
DKS vs. ASO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DKS DICK'S Sporting Goods, Inc. | 14.95% | -11.45% | 58.91% | 25.94% | 6.61% | 116.67% | -6.17% |
ASO Academy Sports and Outdoors, Inc. | -0.40% | -12.23% | -12.18% | 26.44% | 20.55% | 111.77% | 71.32% |
Correlation
The correlation between DKS and ASO is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2020 | 0.63 |
The correlation between DKS and ASO has been stable across timeframes, ranging from 0.57 to 0.66 - a consistent structural relationship.
Fundamentals
DKS:
$20.33B
ASO:
$3.27B
DKS:
$3.67K
ASO:
$5.70
DKS:
0.06
ASO:
8.71
DKS:
0.00
ASO:
0.54
DKS:
0.00
ASO:
1.54
DKS:
$5.18T
ASO:
$6.14B
DKS:
$1.69T
ASO:
$2.13B
DKS:
$451.62B
ASO:
$614.39M
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Return for Risk
DKS vs. ASO — Risk / Return Rank
DKS
ASO
DKS vs. ASO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DICK'S Sporting Goods, Inc. (DKS) and Academy Sports and Outdoors, Inc. (ASO). 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.
| DKS | ASO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.08 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 0.45 | +1.19 |
| Martin ratioReturn relative to average drawdown | 3.78 | 1.06 | +2.72 |
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Drawdowns
DKS vs. ASO - Drawdown Comparison
The maximum DKS drawdown since its inception was -73.33%, which is greater than ASO's maximum drawdown of -54.17%. Use the drawdown chart below to compare losses from any high point for DKS and ASO.
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Drawdown Indicators
| DKS | ASO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.33% | -54.17% | -19.16% |
Max Drawdown (1Y)Largest decline over 1 year | -19.37% | -26.42% | +7.05% |
Max Drawdown (3Y)Largest decline over 3 years | -32.73% | -54.17% | +21.44% |
Max Drawdown (5Y)Largest decline over 5 years | -48.79% | -54.17% | +5.38% |
Max Drawdown (10Y)Largest decline over 10 years | -70.82% | — | — |
Current DrawdownCurrent decline from peak | -6.84% | -32.59% | +25.75% |
Average DrawdownAverage peak-to-trough decline | -17.96% | -19.29% | +1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.37% | 11.05% | -2.68% |
Volatility
DKS vs. ASO - Volatility Comparison
DICK'S Sporting Goods, Inc. (DKS) has a higher volatility of 13.32% compared to Academy Sports and Outdoors, Inc. (ASO) at 12.02%. This indicates that DKS's price experiences larger fluctuations and is considered to be riskier than ASO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DKS | ASO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.32% | 12.02% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 24.74% | 29.67% | -4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.87% | 42.68% | -6.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.51% | 46.16% | -2.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.36% | 46.92% | -1.56% |
Dividends
DKS vs. ASO - Dividend Comparison
DKS's dividend yield for the trailing twelve months is around 2.19%, more than ASO's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASO Academy Sports and Outdoors, Inc. | 1.09% | 1.04% | 0.76% | 0.55% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DKS DICK'S Sporting Goods, Inc. | 2.19% | 2.45% | 1.92% | 2.72% | 1.62% | 6.17% | 2.22% | 2.22% | 2.88% | 2.37% | 1.14% | 1.56% |
Financials
DKS vs. ASO - Financials Comparison
This section allows you to compare key financial metrics between DICK'S Sporting Goods, Inc. and Academy Sports and Outdoors, 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
DKS vs. ASO - Profitability Comparison
DKS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DICK'S Sporting Goods, Inc. reported a gross profit of 1.68T and revenue of 5.16T. Therefore, the gross margin over that period was 32.6%.
ASO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Academy Sports and Outdoors, Inc. reported a gross profit of 479.35M and revenue of 1.44B. Therefore, the gross margin over that period was 33.2%.
DKS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DICK'S Sporting Goods, Inc. reported an operating income of 450.65B and revenue of 5.16T, resulting in an operating margin of 8.7%.
ASO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Academy Sports and Outdoors, Inc. reported an operating income of 74.66M and revenue of 1.44B, resulting in an operating margin of 5.2%.
DKS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DICK'S Sporting Goods, Inc. reported a net income of 319.82B and revenue of 5.16T, resulting in a net margin of 6.2%.
ASO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Academy Sports and Outdoors, Inc. reported a net income of 52.70M and revenue of 1.44B, resulting in a net margin of 3.7%.
Frequently Asked Questions
DKS and ASO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DKS has higher volatility (13.32%) compared to ASO (12.02%). In terms of maximum drawdown, DKS dropped -73.33% vs ASO's -54.17%.
DKS currently has the higher Sharpe Ratio (0.89 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.
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