DECK vs VIK: Correlation
How closely do Deckers Brands (DECK) and Viking Holdings Ltd (VIK) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DECK and VIK?
Over the past 3 years, DECK and VIK moved with a correlation of 0.44, which is moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 667.2 %².
By 3-year correlation, VIK places #4 of the 31 assets tracked against DECK. Their recent paths diverged sharply: over the last 12 months VIK outperformed by 68.7 percentage points (-26.0% for DECK against +42.7% for VIK).
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 VIK: side by side
| DECK (Deckers Brands) | VIK (Viking Holdings Ltd) | |
|---|---|---|
| 1-year return | -26.0% | +42.7% |
| 5-year return | +22.8% | n/a |
| Volatility (ann.) | 43.6% | 33.6% |
| Beta vs S&P 500 | 1.20 | 1.31 |
| Max drawdown (3Y) | -64.3% | -35.4% |
| Market cap | $11.8B | $40.1B |
| P/E (trailing) | 12.7 | 30.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DECK | VIK |
|---|---|---|
| 2022 | +9.0% | – |
| 2023 | +67.5% | – |
| 2024 | +82.3% | – |
| 2025 | -49.0% | +62.1% |
| 2026 | -16.7% | +25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DECK and VIK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DECK and VIK?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.42 over the last year and n/a over 5 years.
Is VIK a good diversifier for DECK?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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-vik.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/deck-vs-vik/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DECK correlations · VIK correlations
