TREX vs. SHOO
TREX (Trex Company, Inc.) and SHOO (Steven Madden, Ltd.) are both stocks. TREX operates in Building Products & Equipment (Industrials), while SHOO operates in Footwear & Accessories (Consumer Cyclical). Over the past 10 years, TREX returned 14.76%/yr vs 8.85%/yr for SHOO. At a 0.33 correlation, their price movements are largely independent.
Performance
TREX vs. SHOO - Performance Comparison
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Returns By Period
In the year-to-date period, TREX achieves a 19.87% return, which is significantly higher than SHOO's 10.00% return. Over the past 10 years, TREX has outperformed SHOO with an annualized return of 14.76%, while SHOO has yielded a comparatively lower 8.85% annualized return.
TREX
- 1D
- 6.05%
- 1M
- 4.60%
- YTD
- 19.87%
- 6M
- 22.45%
- 1Y
- -25.77%
- 3Y*
- -10.07%
- 5Y*
- -15.54%
- 10Y*
- 14.76%
SHOO
- 1D
- 3.40%
- 1M
- 12.11%
- YTD
- 10.00%
- 6M
- 6.84%
- 1Y
- 87.20%
- 3Y*
- 13.37%
- 5Y*
- 2.86%
- 10Y*
- 8.85%
TREX vs. SHOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TREX Trex Company, Inc. | 19.87% | -49.18% | -16.62% | 95.58% | -68.65% | 61.29% | 86.29% | 51.42% | 9.53% | 68.31% |
SHOO Steven Madden, Ltd. | 10.00% | 0.63% | 3.21% | 34.62% | -29.52% | 33.46% | -17.43% | 44.42% | -1.19% | 30.63% |
Correlation
The correlation between TREX and SHOO 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 | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 1999 | 0.33 |
The correlation between TREX and SHOO shifts across timeframes, from 0.33 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TREX:
$4.42B
SHOO:
$3.26B
TREX:
$1.80
SHOO:
$1.07
TREX:
23.41
SHOO:
42.47
TREX:
3.80
SHOO:
1.23
TREX:
4.44
SHOO:
3.57
TREX:
$1.18B
SHOO:
$2.63B
TREX:
$461.26M
SHOO:
$1.18B
TREX:
$308.51M
SHOO:
$148.60M
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Return for Risk
TREX vs. SHOO — Risk / Return Rank
TREX
SHOO
TREX vs. SHOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trex Company, Inc. (TREX) and Steven Madden, Ltd. (SHOO). 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.
| TREX | SHOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.48 | ||
| Sortino ratioReturn per unit of downside risk | -2.94 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.33 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 2.76 | -3.22 |
| Martin ratioReturn relative to average drawdown | -0.73 | 7.31 | -8.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TREX | SHOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.52 | 1.96 | -2.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.33 | 0.07 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.22 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.20 | +0.05 |
Drawdowns
TREX vs. SHOO - Drawdown Comparison
The maximum TREX drawdown since its inception was -90.53%, which is greater than SHOO's maximum drawdown of -77.06%. Use the drawdown chart below to compare losses from any high point for TREX and SHOO.
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Drawdown Indicators
| TREX | SHOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.53% | -77.06% | -13.47% |
Max Drawdown (1Y)Largest decline over 1 year | -56.01% | -31.73% | -24.28% |
Max Drawdown (3Y)Largest decline over 3 years | -69.90% | -60.21% | -9.69% |
Max Drawdown (5Y)Largest decline over 5 years | -78.58% | -60.21% | -18.37% |
Max Drawdown (10Y)Largest decline over 10 years | -78.58% | -60.21% | -18.37% |
Current DrawdownCurrent decline from peak | -70.11% | -4.84% | -65.27% |
Average DrawdownAverage peak-to-trough decline | -38.75% | -22.85% | -15.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.32% | 11.97% | +23.35% |
Volatility
TREX vs. SHOO - Volatility Comparison
Trex Company, Inc. (TREX) has a higher volatility of 13.04% compared to Steven Madden, Ltd. (SHOO) at 9.99%. This indicates that TREX's price experiences larger fluctuations and is considered to be riskier than SHOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TREX | SHOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.04% | 9.99% | +3.05% |
Volatility (6M)Calculated over the trailing 6-month period | 26.51% | 30.33% | -3.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.31% | 44.82% | +5.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.13% | 39.12% | +8.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.37% | 40.39% | +5.98% |
Dividends
TREX vs. SHOO - Dividend Comparison
TREX has not paid dividends to shareholders, while SHOO's dividend yield for the trailing twelve months is around 2.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SHOO Steven Madden, Ltd. | 2.32% | 2.02% | 1.98% | 2.00% | 2.63% | 1.29% | 0.42% | 1.33% | 1.78% |
TREX Trex Company, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TREX vs. SHOO - Financials Comparison
This section allows you to compare key financial metrics between Trex Company, Inc. and Steven Madden, Ltd.. 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
TREX vs. SHOO - Profitability Comparison
TREX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trex Company, Inc. reported a gross profit of 139.02M and revenue of 343.40M. Therefore, the gross margin over that period was 40.5%.
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%.
TREX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trex Company, Inc. reported an operating income of 83.51M and revenue of 343.40M, resulting in an operating margin of 24.3%.
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%.
TREX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trex Company, Inc. reported a net income of 61.40M and revenue of 343.40M, resulting in a net margin of 17.9%.
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%.
Frequently Asked Questions
TREX and SHOO 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.
TREX has higher volatility (13.04%) compared to SHOO (9.99%). In terms of maximum drawdown, TREX dropped -90.53% vs SHOO's -77.06%.
SHOO currently has the higher Sharpe Ratio (1.96 vs -0.52), 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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