BIRK vs DECK: Correlation
Birkenstock Holding plc (BIRK) and Deckers Brands (DECK) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIRK and DECK?
Over the past 3 years, BIRK and DECK moved with a correlation of 0.46, which is moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 923.2 %².
Within BIRK's tracked universe of 15 assets, DECK comes in at #6 by 3-year correlation. Over the last 12 months DECK came out ahead by 6.3 percentage points (-32.3% against -26.0%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BIRK vs DECK: side by side
| BIRK (Birkenstock Holding plc) | DECK (Deckers Brands) | |
|---|---|---|
| 1-year return | -32.3% | -26.0% |
| 5-year return | n/a | +22.8% |
| Volatility (ann.) | 45.5% | 43.6% |
| Beta vs S&P 500 | 1.18 | 1.20 |
| Max drawdown (3Y) | -50.9% | -64.3% |
| Market cap | $5.8B | $11.8B |
| P/E (trailing) | 17.0 | 12.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | BIRK | DECK |
|---|---|---|
| 2022 | – | +9.0% |
| 2023 | – | +67.5% |
| 2024 | +16.3% | +82.3% |
| 2025 | -27.8% | -49.0% |
| 2026 | -13.7% | -16.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIRK and DECK good diversifiers for each other?
Reasonably. At 0.46, BIRK and DECK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BIRK and DECK?
As of 2026-08-27, the correlation of weekly returns between BIRK and DECK is 0.46 over 3 years, 0.52 over 1 year and n/a over 5 years.
Is DECK a good diversifier for BIRK?
Reasonably. At 0.46, BIRK and DECK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/birk-vs-deck.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/birk-vs-deck/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BIRK correlations · DECK correlations
