CSQ vs DIS: Correlation
Calamos Strategic Total Return Fund - Closed End Fund (CSQ) and Walt Disney Company (The) (DIS) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSQ and DIS?
Over the past 3 years, CSQ and DIS moved with a correlation of 0.49, which is moderate. The link has tightened recently: the 1-year correlation (0.61) runs above the 3-year figure (0.49). Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 253.7 %².
Within CSQ's tracked universe of 51 assets, DIS comes in at #42 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CSQ ahead by 29.6 points (+21.4% versus -8.2%).
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.
CSQ vs DIS: side by side
| CSQ (Calamos Strategic Total Return Fund - Closed End Fund) | DIS (Walt Disney Company (The)) | |
|---|---|---|
| 1-year return | +21.4% | -8.2% |
| 5-year return | +64.2% | -38.8% |
| Volatility (ann.) | 18.8% | 27.7% |
| Beta vs S&P 500 | 1.22 | 0.96 |
| Max drawdown (3Y) | -24.2% | -32.9% |
| Market cap | $3.4B | $184.4B |
| P/E (trailing) | 3.2 | 22.6 |
| Dividend yield | 2.95% | 1.37% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | CSQ | DIS |
|---|---|---|
| 2022 | -24.2% | -43.9% |
| 2023 | +20.9% | +4.3% |
| 2024 | +28.2% | +24.4% |
| 2025 | +16.3% | +3.3% |
| 2026 | +14.3% | -5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSQ and DIS good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CSQ and DIS?
As of 2026-08-27, the correlation of weekly returns between CSQ and DIS is 0.49 over 3 years, 0.61 over 1 year and 0.55 over 5 years.
Is DIS a good diversifier for CSQ?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 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/csq-vs-dis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/csq-vs-dis/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CSQ correlations · DIS correlations
