SHOO vs. WTS
SHOO (Steven Madden, Ltd.) and WTS (Watts Water Technologies, Inc.) are both stocks. SHOO operates in Footwear & Accessories (Consumer Cyclical), while WTS operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, SHOO returned 9.21%/yr vs 20.25%/yr for WTS. At a 0.31 correlation, their price movements are largely independent.
Performance
SHOO vs. WTS - Performance Comparison
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Returns By Period
In the year-to-date period, SHOO achieves a 12.04% return, which is significantly lower than WTS's 21.12% return. Over the past 10 years, SHOO has underperformed WTS with an annualized return of 9.21%, while WTS has yielded a comparatively higher 20.25% annualized return.
SHOO
- 1D
- 0.57%
- 1M
- 20.41%
- YTD
- 12.04%
- 6M
- 7.50%
- 1Y
- 95.49%
- 3Y*
- 13.19%
- 5Y*
- 3.06%
- 10Y*
- 9.21%
WTS
- 1D
- 3.81%
- 1M
- 11.26%
- YTD
- 21.12%
- 6M
- 19.78%
- 1Y
- 38.75%
- 3Y*
- 24.54%
- 5Y*
- 19.38%
- 10Y*
- 20.25%
SHOO vs. WTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHOO Steven Madden, Ltd. | 12.04% | 0.63% | 3.21% | 34.62% | -29.52% | 33.46% | -17.43% | 44.42% | -1.19% | 30.63% |
WTS Watts Water Technologies, Inc. | 21.12% | 36.85% | -1.62% | 43.57% | -24.08% | 60.63% | 23.14% | 56.20% | -14.13% | 17.84% |
Correlation
The correlation between SHOO and WTS is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 1993 | 0.31 |
The correlation between SHOO and WTS shifts across timeframes, from 0.31 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SHOO:
$3.32B
WTS:
$11.16B
SHOO:
$1.07
WTS:
$10.95
SHOO:
43.26
WTS:
30.43
SHOO:
1.25
WTS:
4.36
SHOO:
3.63
WTS:
5.32
SHOO:
$2.63B
WTS:
$2.56B
SHOO:
$1.18B
WTS:
$1.26B
SHOO:
$148.60M
WTS:
$556.30M
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Return for Risk
SHOO vs. WTS — Risk / Return Rank
SHOO
WTS
SHOO vs. WTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Steven Madden, Ltd. (SHOO) and Watts Water Technologies, Inc. (WTS). 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.
| SHOO | WTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.30 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 2.52 | +0.51 |
| Martin ratioReturn relative to average drawdown | 8.12 | 6.51 | +1.61 |
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Drawdowns
SHOO vs. WTS - Drawdown Comparison
The maximum SHOO drawdown since its inception was -77.06%, which is greater than WTS's maximum drawdown of -63.68%. Use the drawdown chart below to compare losses from any high point for SHOO and WTS.
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Drawdown Indicators
| SHOO | WTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.06% | -63.68% | -13.38% |
Max Drawdown (1Y)Largest decline over 1 year | -31.73% | -15.45% | -16.28% |
Max Drawdown (3Y)Largest decline over 3 years | -60.21% | -19.54% | -40.67% |
Max Drawdown (5Y)Largest decline over 5 years | -60.21% | -44.08% | -16.13% |
Max Drawdown (10Y)Largest decline over 10 years | -60.21% | -44.08% | -16.13% |
Current DrawdownCurrent decline from peak | -3.07% | -0.55% | -2.52% |
Average DrawdownAverage peak-to-trough decline | -22.84% | -16.19% | -6.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.81% | 5.97% | +5.84% |
Volatility
SHOO vs. WTS - Volatility Comparison
Steven Madden, Ltd. (SHOO) has a higher volatility of 9.14% compared to Watts Water Technologies, Inc. (WTS) at 7.01%. This indicates that SHOO's price experiences larger fluctuations and is considered to be riskier than WTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHOO | WTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.14% | 7.01% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 30.48% | 16.66% | +13.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.24% | 23.03% | +21.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.11% | 27.84% | +11.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.39% | 28.24% | +12.15% |
Dividends
SHOO vs. WTS - Dividend Comparison
SHOO's dividend yield for the trailing twelve months is around 1.82%, more than WTS's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHOO Steven Madden, Ltd. | 1.82% | 2.02% | 1.98% | 2.00% | 2.63% | 1.29% | 0.42% | 1.33% | 1.78% | 0.00% | 0.00% | 0.00% |
WTS Watts Water Technologies, Inc. | 0.66% | 0.72% | 0.81% | 0.66% | 0.79% | 0.52% | 0.76% | 0.90% | 1.27% | 0.99% | 1.09% | 1.33% |
Financials
SHOO vs. WTS - Financials Comparison
This section allows you to compare key financial metrics between Steven Madden, Ltd. and Watts Water Technologies, 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
SHOO vs. WTS - Profitability Comparison
SHOO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Steven Madden, Ltd. reported a gross profit of 357.42M and revenue of 653.10M. Therefore, the gross margin over that period was 54.7%.
WTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Watts Water Technologies, Inc. reported a gross profit of 326.10M and revenue of 677.30M. Therefore, the gross margin over that period was 48.2%.
SHOO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Steven Madden, Ltd. reported an operating income of 98.74M and revenue of 653.10M, resulting in an operating margin of 15.1%.
WTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Watts Water Technologies, Inc. reported an operating income of 133.00M and revenue of 677.30M, resulting in an operating margin of 19.6%.
SHOO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Steven Madden, Ltd. reported a net income of 71.82M and revenue of 653.10M, resulting in a net margin of 11.0%.
WTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Watts Water Technologies, Inc. reported a net income of 99.60M and revenue of 677.30M, resulting in a net margin of 14.7%.
Frequently Asked Questions
SHOO and WTS have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHOO has higher volatility (9.14%) compared to WTS (7.01%). In terms of maximum drawdown, SHOO dropped -77.06% vs WTS's -63.68%.
SHOO currently has the higher Sharpe Ratio (2.17 vs 1.69), 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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