DECK vs WWW: Correlation
Measured on weekly returns over the past three years, Deckers Brands (DECK) and Wolverine World Wide, Inc. (WWW) 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 WWW?
On 3 years of weekly data the DECK/WWW correlation comes out at 0.41, moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.41 over 3. The 5-year figure is 0.42, and annualized covariance runs at 1016.3 %².
Within DECK's tracked universe of 31 assets, WWW comes in at #8 by 3-year correlation. On 12-month performance DECK holds a 10.4-point edge, -26.0% against -36.4%.
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 WWW: side by side
| DECK (Deckers Brands) | WWW (Wolverine World Wide, Inc.) | |
|---|---|---|
| 1-year return | -26.0% | -36.4% |
| 5-year return | +22.8% | -38.6% |
| Volatility (ann.) | 43.6% | 57.1% |
| Beta vs S&P 500 | 1.20 | 1.60 |
| Max drawdown (3Y) | -64.3% | -58.0% |
| Market cap | $11.8B | $1.6B |
| P/E (trailing) | 12.7 | 15.7 |
| Dividend yield | 0.00% | 1.99% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DECK | WWW |
|---|---|---|
| 2022 | +9.0% | -61.1% |
| 2023 | +67.5% | -15.6% |
| 2024 | +82.3% | +155.3% |
| 2025 | -49.0% | -16.5% |
| 2026 | -16.7% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DECK and WWW good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DECK and WWW?
The DECK/WWW correlation stands at 0.41 on a 3-year window (1 year: 0.36, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is WWW a good diversifier for DECK?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
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-www.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/deck-vs-www/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DECK correlations · WWW correlations
