CSTE vs DSGR: Correlation
How closely do Caesarstone Ltd. (CSTE) and Distribution Solutions Group, Inc. (DSGR) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSTE and DSGR?
On 3 years of weekly data the CSTE/DSGR correlation comes out at 0.36, moderate. The link has tightened recently: the 1-year correlation (0.50) runs above the 3-year figure (0.36). The 5-year figure is 0.28, and annualized covariance runs at 1645.8 %².
Few assets follow CSTE as closely as DSGR, which ranks #2 of 11 tracked partners. Their recent paths diverged sharply: over the last 12 months CSTE outperformed by 110.6 percentage points (+116.9% for CSTE against +6.3% for DSGR). One caveat on sizing: CSTE is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CSTE vs DSGR: side by side
| CSTE (Caesarstone Ltd.) | DSGR (Distribution Solutions Group, Inc.) | |
|---|---|---|
| 1-year return | +116.9% | +6.3% |
| 5-year return | -74.8% | +32.4% |
| Volatility (ann.) | 100.4% | 45.6% |
| Beta vs S&P 500 | 1.27 | 0.72 |
| Max drawdown (3Y) | -90.8% | -52.7% |
| Market cap | $0.1B | $1.6B |
| P/E (trailing) | – | 183.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSTE | DSGR |
|---|---|---|
| 2022 | -48.4% | -32.7% |
| 2023 | -34.5% | +71.2% |
| 2024 | +13.6% | +9.0% |
| 2025 | -56.2% | -20.4% |
| 2026 | +72.6% | +27.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSTE and DSGR good diversifiers for each other?
Reasonably. At 0.36, CSTE and DSGR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CSTE and DSGR?
The CSTE/DSGR correlation stands at 0.36 on a 3-year window (1 year: 0.50, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is DSGR a good diversifier for CSTE?
Reasonably. At 0.36, CSTE and DSGR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 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/cste-vs-dsgr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cste-vs-dsgr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CSTE correlations · DSGR correlations
