ZUMZ vs. BKE

Last updated Jun 3, 2026

ZUMZ (Zumiez Inc.) and BKE (The Buckle, Inc.) are both stocks. Both operate in the Apparel Retail industry within the Consumer Cyclical sector. Over the past 10 years, ZUMZ returned 4.89%/yr vs 15.81%/yr for BKE. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

ZUMZ vs. BKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zumiez Inc. (ZUMZ) and The Buckle, Inc. (BKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZUMZ achieves a -10.75% return, which is significantly higher than BKE's -11.45% return. Over the past 10 years, ZUMZ has underperformed BKE with an annualized return of 4.89%, while BKE has yielded a comparatively higher 15.81% annualized return.

ZUMZ

• 1D: -0.30%
• 1M: -4.60%
• YTD: -10.75%
• 6M: -11.23%
• 1Y: 91.99%
• 3Y*: 14.55%
• 5Y*: -12.19%
• 10Y*: 4.89%

BKE

• 1D: 1.08%
• 1M: -20.12%
• YTD: -11.45%
• 6M: -15.92%
• 1Y: 12.51%
• 3Y*: 20.57%
• 5Y*: 9.78%
• 10Y*: 15.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ZUMZ vs. BKE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZUMZ Zumiez Inc.	-10.75%	35.89%	-5.75%	-6.44%	-54.70%	30.48%	6.49%	80.18%	-7.95%	-4.69%
BKE The Buckle, Inc.	-11.45%	13.95%	17.49%	15.02%	10.91%	49.40%	25.01%	55.19%	-7.63%	15.42%

Correlation

The correlation between ZUMZ and BKE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since May 9, 2005	0.52

The correlation between ZUMZ and BKE shifts across timeframes, from 0.45 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ZUMZ : $401.02M BKE : $2.25B
EPS ZUMZ : $0.79 BKE : $4.36
PE Ratio ZUMZ : 29.31 BKE : 10.13
PS Ratio ZUMZ : 0.42 BKE : 1.71
PB Ratio ZUMZ : 1.24 BKE : 4.91
Total Revenue (TTM) ZUMZ : $929.06M BKE : $1.31B
Gross Profit (TTM) ZUMZ : $332.54M BKE : $642.36M
EBITDA (TTM) ZUMZ : $17.04M BKE : $292.93M

Return for Risk

ZUMZ vs. BKE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ZUMZ

ZUMZ Risk / Return Rank: 82
ZUMZ Sharpe Ratio Rank: 86
ZUMZ Sortino Ratio Rank: 83
ZUMZ Omega Ratio Rank: 81
ZUMZ Calmar Ratio Rank: 80
ZUMZ Martin Ratio Rank: 78

BKE

BKE Risk / Return Rank: 52
BKE Sharpe Ratio Rank: 55
BKE Sortino Ratio Rank: 48
BKE Omega Ratio Rank: 47
BKE Calmar Ratio Rank: 52
BKE Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ZUMZ vs. BKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zumiez Inc. (ZUMZ) and The Buckle, Inc. (BKE). 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.

	ZUMZ	BKE	Difference
Sharpe ratio Return per unit of total volatility	1.91	0.43	+1.48
Sortino ratio Return per unit of downside risk	2.58	0.77	+1.81
Omega ratio Gain probability vs. loss probability	1.32	1.10	+0.22
Calmar ratio Return relative to maximum drawdown	2.70	0.53	+2.17
Martin ratio Return relative to average drawdown	6.00	1.46	+4.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ZUMZ vs. BKE - Sharpe Ratio Comparison

The current ZUMZ Sharpe Ratio is 1.91, which is higher than the BKE Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of ZUMZ and BKE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ZUMZ	BKE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	0.43	+1.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.27	-0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	0.36	-0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.33	-0.28

Drawdowns

ZUMZ vs. BKE - Drawdown Comparison

The maximum ZUMZ drawdown since its inception was -88.06%, which is greater than BKE's maximum drawdown of -71.08%. Use the drawdown chart below to compare losses from any high point for ZUMZ and BKE.

Drawdown Indicators

	ZUMZ	BKE	Difference
Max Drawdown Largest peak-to-trough decline	-88.06%	-71.08%	-16.98%
Max Drawdown (1Y) Largest decline over 1 year	-31.87%	-23.50%	-8.37%
Max Drawdown (3Y) Largest decline over 3 years	-60.22%	-33.91%	-26.31%
Max Drawdown (5Y) Largest decline over 5 years	-78.80%	-48.89%	-29.91%
Max Drawdown (10Y) Largest decline over 10 years	-78.80%	-53.20%	-25.60%
Current Drawdown Current decline from peak	-57.44%	-22.68%	-34.76%
Average Drawdown Average peak-to-trough decline	-48.80%	-27.71%	-21.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.35%	8.59%	+5.76%

Volatility

ZUMZ vs. BKE - Volatility Comparison

Zumiez Inc. (ZUMZ) has a higher volatility of 15.88% compared to The Buckle, Inc. (BKE) at 13.35%. This indicates that ZUMZ's price experiences larger fluctuations and is considered to be riskier than BKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZUMZ	BKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.88%	13.35%	+2.53%
Volatility (6M) Calculated over the trailing 6-month period	33.23%	21.97%	+11.26%
Volatility (1Y) Calculated over the trailing 1-year period	48.54%	29.26%	+19.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.88%	36.28%	+14.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.93%	43.67%	+7.26%

Dividends

ZUMZ vs. BKE - Dividend Comparison

ZUMZ has not paid dividends to shareholders, while BKE's dividend yield for the trailing twelve months is around 9.97%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKE The Buckle, Inc.	9.97%	7.30%	7.68%	8.52%	2.32%	3.17%	14.21%	7.40%	14.22%	8.42%	8.77%	11.99%
ZUMZ Zumiez Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

ZUMZ vs. BKE - Profitability Comparison

The chart below illustrates the profitability comparison between Zumiez Inc. and The Buckle, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ZUMZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zumiez Inc. reported a gross profit of 111.40M and revenue of 291.31M. Therefore, the gross margin over that period was 38.2%.

BKE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Buckle, Inc. reported a gross profit of 133.48M and revenue of 288.74M. Therefore, the gross margin over that period was 46.2%.

ZUMZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zumiez Inc. reported an operating income of 24.53M and revenue of 291.31M, resulting in an operating margin of 8.4%.

BKE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Buckle, Inc. reported an operating income of 59.45M and revenue of 288.74M, resulting in an operating margin of 20.6%.

ZUMZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zumiez Inc. reported a net income of 19.55M and revenue of 291.31M, resulting in a net margin of 6.7%.

BKE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Buckle, Inc. reported a net income of 46.88M and revenue of 288.74M, resulting in a net margin of 16.2%.

Frequently Asked Questions

Can I hold both ZUMZ and BKE in my portfolio?

ZUMZ and BKE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ZUMZ or BKE?

ZUMZ has higher volatility (15.88%) compared to BKE (13.35%). In terms of maximum drawdown, ZUMZ dropped -88.06% vs BKE's -71.08%.

Which has better risk-adjusted returns?

ZUMZ currently has the higher Sharpe Ratio (1.91 vs 0.43), 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.