DECK vs REPL: Correlation
Deckers Brands (DECK) and Replimune Group, Inc. (REPL) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DECK and REPL?
Across a 3-year window, the weekly returns of DECK and REPL correlate at -0.24, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.26 over 1 year against -0.24 over 3. Stretching to 5 years gives -0.15, with an annualized covariance of -1637.8 %².
By 3-year correlation, REPL places #26 of the 31 assets tracked against DECK. Correlation aside, the last 12 months split them widely, with REPL ahead by 208.1 points (-26.0% versus +182.1%). One caveat on sizing: REPL is 3.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 REPL: side by side
| DECK (Deckers Brands) | REPL (Replimune Group, Inc.) | |
|---|---|---|
| 1-year return | -26.0% | +182.1% |
| 5-year return | +22.8% | -50.4% |
| Volatility (ann.) | 43.6% | 153.7% |
| Beta vs S&P 500 | 1.20 | 0.48 |
| Max drawdown (3Y) | -64.3% | -92.0% |
| Market cap | $11.8B | $1.5B |
| P/E (trailing) | 12.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DECK | REPL |
|---|---|---|
| 2022 | +9.0% | +0.4% |
| 2023 | +67.5% | -69.0% |
| 2024 | +82.3% | +43.7% |
| 2025 | -49.0% | -19.7% |
| 2026 | -16.7% | +60.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DECK and REPL good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DECK and REPL?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.26 over the last year and -0.15 over 5 years.
Is REPL a good diversifier for DECK?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/deck-vs-repl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/deck-vs-repl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DECK correlations · REPL correlations
