Nike (NYSE: NKE) has historically been the best shoe stock to own. But the last five years have been a completely different story. Shares of Nike have actually dropped about 16% during that time even though the S&P 500 is up a strong 81%.

There's another shoe stock that's crushing both Nike and the S&P 500 over the last five years: Deckers Outdoor (NYSE: DECK). It's enjoying fast-growing brand awareness for its Hoka and Ugg footwear, leading to strong revenue growth and profits. And the stock is absolutely soaring, as the chart below shows.

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Source Fool.com