DECK vs RGT: Correlation
Deckers Brands (DECK) and Royce Global Trust, Inc. (RGT) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DECK and RGT?
Over the past 3 years, DECK and RGT moved with a correlation of 0.41, which is moderate. The past 12 months show a tighter link (0.53) than the 3-year average (0.41). Over 5 years the correlation is 0.42, and the annualized covariance of weekly returns is 300.3 %².
Among the 31 assets we track against DECK, RGT ranks #7 by 3-year correlation. The last year tells two different stories: RGT led by 50.1 percentage points, -26.0% for DECK against +24.1% for RGT. Note the risk asymmetry: DECK runs 2.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 RGT: side by side
| DECK (Deckers Brands) | RGT (Royce Global Trust, Inc.) | |
|---|---|---|
| 1-year return | -26.0% | +24.1% |
| 5-year return | +22.8% | +25.5% |
| Volatility (ann.) | 43.6% | 17.0% |
| Beta vs S&P 500 | 1.20 | 0.91 |
| Max drawdown (3Y) | -64.3% | -19.0% |
| Market cap | $11.8B | $0.1B |
| P/E (trailing) | 12.7 | 5.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DECK | RGT |
|---|---|---|
| 2022 | +9.0% | -33.1% |
| 2023 | +67.5% | +14.6% |
| 2024 | +82.3% | +14.4% |
| 2025 | -49.0% | +24.1% |
| 2026 | -16.7% | +18.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DECK and RGT 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 RGT?
The DECK/RGT correlation stands at 0.41 on a 3-year window (1 year: 0.53, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is RGT 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?
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.
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Related comparisons
Hubs: DECK correlations · RGT correlations
