DECK vs TPR: Correlation
Deckers Brands (DECK) and Tapestry, Inc. (TPR) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DECK and TPR?
Across a 3-year window, the weekly returns of DECK and TPR correlate at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 628.4 %².
Among the 31 assets we track against DECK, TPR ranks #17 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TPR outperformed by 49.6 percentage points (-26.0% for DECK against +23.6% for TPR). The rolling one-year correlation moved between 0.12 and 0.55 over the past three years, a moderate range.
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 TPR: side by side
| DECK (Deckers Brands) | TPR (Tapestry, Inc.) | |
|---|---|---|
| 1-year return | -26.0% | +23.6% |
| 5-year return | +22.8% | +240.1% |
| Volatility (ann.) | 43.6% | 37.8% |
| Beta vs S&P 500 | 1.20 | 1.05 |
| Max drawdown (3Y) | -64.3% | -31.8% |
| Market cap | $11.8B | $24.6B |
| P/E (trailing) | 12.7 | 17.9 |
| Dividend yield | 0.00% | 1.23% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | DECK | TPR |
|---|---|---|
| 2022 | +9.0% | -3.3% |
| 2023 | +67.5% | +0.2% |
| 2024 | +82.3% | +82.8% |
| 2025 | -49.0% | +98.7% |
| 2026 | -16.7% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DECK and TPR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DECK and TPR?
As of 2026-08-27, the correlation of weekly returns between DECK and TPR is 0.38 over 3 years, 0.39 over 1 year and 0.42 over 5 years.
Is TPR a good diversifier for DECK?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 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/deck-vs-tpr.json
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Related comparisons
Hubs: DECK correlations · TPR correlations
