CSV vs SCI: Correlation
How closely do Carriage Services, Inc. (CSV) and Service Corporation International (SCI) trade together? Their weekly returns over three years give a correlation of 0.68, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSV and SCI?
Over the past 3 years, CSV and SCI moved with a correlation of 0.68, which is strong. Recent behaviour matches the longer record: 0.72 over 1 year against 0.68 over 3. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 500.3 %².
Few assets follow CSV as closely as SCI, which ranks #1 of 11 tracked partners. Their recent paths diverged sharply: over the last 12 months SCI outperformed by 28.7 percentage points (-22.2% for CSV against +6.5% for SCI).
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.
CSV vs SCI: side by side
| CSV (Carriage Services, Inc.) | SCI (Service Corporation International) | |
|---|---|---|
| 1-year return | -22.2% | +6.5% |
| 5-year return | -19.2% | +44.7% |
| Volatility (ann.) | 31.0% | 23.6% |
| Beta vs S&P 500 | 0.62 | 0.47 |
| Max drawdown (3Y) | -36.6% | -21.6% |
| Market cap | $0.5B | $11.4B |
| P/E (trailing) | 12.5 | 21.8 |
| Dividend yield | 1.29% | 1.59% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSV | SCI |
|---|---|---|
| 2022 | -56.7% | -1.0% |
| 2023 | -7.7% | +0.7% |
| 2024 | +61.8% | +18.4% |
| 2025 | +7.3% | -0.7% |
| 2026 | -18.4% | +8.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSV and SCI good diversifiers for each other?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CSV and SCI?
Using weekly returns as of 2026-08-27: 0.68 over 3 years, with 0.72 over the last year and 0.51 over 5 years.
Is SCI a good diversifier for CSV?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.68 mean?
A reading of 0.68 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/csv-vs-sci.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/csv-vs-sci/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CSV correlations · SCI correlations
