NKE vs. DECK
NKE (NIKE, Inc.) and DECK (Deckers Outdoor Corporation) are both stocks. Both operate in the Footwear & Accessories industry within the Consumer Cyclical sector. Over the past 10 years, NKE returned -0.59%/yr vs 27.48%/yr for DECK. At a 0.29 correlation, their price movements are largely independent.
Performance
NKE vs. DECK - Performance Comparison
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Returns By Period
In the year-to-date period, NKE achieves a -31.15% return, which is significantly lower than DECK's 1.83% return. Over the past 10 years, NKE has underperformed DECK with an annualized return of -0.59%, while DECK has yielded a comparatively higher 27.48% annualized return.
NKE
- 1D
- -4.45%
- 1M
- -2.45%
- YTD
- -31.15%
- 6M
- -23.34%
- 1Y
- -25.78%
- 3Y*
- -25.12%
- 5Y*
- -18.82%
- 10Y*
- -0.59%
DECK
- 1D
- -3.24%
- 1M
- -1.03%
- YTD
- 1.83%
- 6M
- 3.59%
- 1Y
- 3.82%
- 3Y*
- 7.77%
- 5Y*
- 12.46%
- 10Y*
- 27.48%
NKE vs. DECK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | -31.15% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 40.97% | 38.09% | 19.87% | 24.70% |
DECK Deckers Outdoor Corporation | 1.83% | -48.95% | 82.30% | 67.46% | 8.97% | 27.73% | 69.83% | 31.97% | 59.44% | 44.88% |
Correlation
The correlation between NKE and DECK is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 1993 | 0.29 |
Over the past year, NKE and DECK have become more correlated (0.50) than their long-term average of 0.29, meaning their price movements have been converging.
Fundamentals
NKE:
$63.94B
DECK:
$14.94B
NKE:
$1.52
DECK:
$6.98
NKE:
28.41
DECK:
15.13
NKE:
1.37
DECK:
2.83
NKE:
4.54
DECK:
5.98
NKE:
$46.52B
DECK:
$5.47B
NKE:
$18.99B
DECK:
$3.16B
NKE:
$3.33B
DECK:
$1.31B
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Return for Risk
NKE vs. DECK — Risk / Return Rank
NKE
DECK
NKE vs. DECK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) and Deckers Outdoor Corporation (DECK). 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.
| NKE | DECK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.06 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 0.11 | -0.67 |
| Martin ratioReturn relative to average drawdown | -1.03 | 0.23 | -1.26 |
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Drawdowns
NKE vs. DECK - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, smaller than the maximum DECK drawdown of -94.36%. Use the drawdown chart below to compare losses from any high point for NKE and DECK.
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Drawdown Indicators
| NKE | DECK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -94.36% | +19.17% |
Max Drawdown (1Y)Largest decline over 1 year | -46.18% | -35.81% | -10.37% |
Max Drawdown (3Y)Largest decline over 3 years | -64.21% | -64.35% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -74.64% | -64.35% | -10.29% |
Max Drawdown (10Y)Largest decline over 10 years | -74.64% | -64.35% | -10.29% |
Current DrawdownCurrent decline from peak | -73.61% | -52.68% | -20.93% |
Average DrawdownAverage peak-to-trough decline | -20.95% | -40.36% | +19.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.09% | 16.91% | +8.18% |
Volatility
NKE vs. DECK - Volatility Comparison
The current volatility for NIKE, Inc. (NKE) is 11.01%, while Deckers Outdoor Corporation (DECK) has a volatility of 12.08%. This indicates that NKE experiences smaller price fluctuations and is considered to be less risky than DECK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NKE | DECK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.01% | 12.08% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 29.66% | 31.62% | -1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.57% | 45.53% | -6.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.99% | 44.05% | -8.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.35% | 42.53% | -10.18% |
Dividends
NKE vs. DECK - Dividend Comparison
NKE's dividend yield for the trailing twelve months is around 3.77%, while DECK has not paid dividends to shareholders.
| 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% |
NKE NIKE, Inc. | 3.77% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
Financials
NKE vs. DECK - Financials Comparison
This section allows you to compare key financial metrics between NIKE, Inc. and Deckers Outdoor Corporation. 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
NKE vs. DECK - Profitability Comparison
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a gross profit of 4.53B and revenue of 11.28B. Therefore, the gross margin over that period was 40.2%.
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%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported an operating income of 553.00M and revenue of 11.28B, resulting in an operating margin of 4.9%.
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%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a net income of 520.00M and revenue of 11.28B, resulting in a net margin of 4.6%.
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%.
Frequently Asked Questions
NKE and DECK have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DECK has higher volatility (12.08%) compared to NKE (11.01%). In terms of maximum drawdown, NKE dropped -75.19% vs DECK's -94.36%.
DECK currently has the higher Sharpe Ratio (0.08 vs -0.67), 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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