CG vs CULP: Correlation
How closely do The Carlyle Group Inc. (CG) and Culp, Inc. (CULP) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CG and CULP?
Over the past 3 years, CG and CULP moved with a correlation of 0.41, which is moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 590.2 %².
Out of 21 assets tracked against CG, CULP lands near the bottom at #18. Neither side won the trailing year by much: -21.8% against -17.9%.
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.
CG vs CULP: side by side
| CG (The Carlyle Group Inc.) | CULP (Culp, Inc.) | |
|---|---|---|
| 1-year return | -21.8% | -17.9% |
| 5-year return | +18.0% | -73.3% |
| Volatility (ann.) | 36.8% | 39.5% |
| Beta vs S&P 500 | 1.68 | 0.60 |
| Max drawdown (3Y) | -40.4% | -58.6% |
| Market cap | $17.5B | – |
| P/E (trailing) | 50.8 | – |
| Dividend yield | 2.86% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CG | CULP |
|---|---|---|
| 2022 | -43.8% | -50.4% |
| 2023 | +42.6% | +26.1% |
| 2024 | +28.1% | +1.4% |
| 2025 | +20.2% | -39.4% |
| 2026 | -14.9% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CG and CULP 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 CG and CULP?
As of 2026-08-27, the correlation of weekly returns between CG and CULP is 0.41 over 3 years, 0.33 over 1 year and 0.39 over 5 years.
Is CULP a good diversifier for CG?
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cg-vs-culp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cg-vs-culp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CG correlations · CULP correlations
