DECK vs LAZ: Correlation
Measured on weekly returns over the past three years, Deckers Brands (DECK) and Lazard, Inc. (LAZ) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DECK and LAZ?
Across a 3-year window, the weekly returns of DECK and LAZ correlate at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. Stretching to 5 years gives 0.41, with an annualized covariance of 654.7 %².
Within DECK's tracked universe of 31 assets, LAZ comes in at #6 by 3-year correlation. Twelve-month performance is nearly a tie, at -26.0% for DECK and -21.9% for LAZ.
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.
DECK vs LAZ: side by side
| DECK (Deckers Brands) | LAZ (Lazard, Inc.) | |
|---|---|---|
| 1-year return | -26.0% | -21.9% |
| 5-year return | +22.8% | +14.6% |
| Volatility (ann.) | 43.6% | 36.4% |
| Beta vs S&P 500 | 1.20 | 1.49 |
| Max drawdown (3Y) | -64.3% | -44.2% |
| Market cap | $11.8B | $4.2B |
| P/E (trailing) | 12.7 | 21.1 |
| Dividend yield | 0.00% | 4.67% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DECK | LAZ |
|---|---|---|
| 2022 | +9.0% | -16.2% |
| 2023 | +67.5% | +6.9% |
| 2024 | +82.3% | +54.8% |
| 2025 | -49.0% | -1.6% |
| 2026 | -16.7% | -8.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DECK and LAZ good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DECK and LAZ?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.47 over the last year and 0.41 over 5 years.
Is LAZ a good diversifier for DECK?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/deck-vs-laz.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/deck-vs-laz/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DECK correlations · LAZ correlations
