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CSW vs DSGR: Correlation

How closely do CSW Industrials, Inc. (CSW) and Distribution Solutions Group, Inc. (DSGR) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.42
moderate
Correlation (1Y)
0.33
last 12 months
Correlation (5Y)
0.31
long-run
Ann. covariance
724.8
%² · weekly, annualized

How correlated are CSW and DSGR?

Over the past 3 years, CSW and DSGR moved with a correlation of 0.42, which is moderate. Little has changed lately, as the 1-year reading of 0.33 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 724.8 %².

Among the 12 assets we track against CSW, DSGR sits near the bottom by co-movement, at rank #8. On 12-month performance CSW holds a 12.1-point edge, +18.4% against +6.3%.

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.

CSW vs DSGR: side by side

CSW (CSW Industrials, Inc.)DSGR (Distribution Solutions Group, Inc.)
1-year return+18.4%+6.3%
5-year return+140.7%+32.4%
Volatility (ann.)37.7%45.6%
Beta vs S&P 5001.340.72
Max drawdown (3Y)-46.2%-52.7%
Market cap$5.2B$1.6B
P/E (trailing)44.2183.3
Dividend yield0.34%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: CSW 44.2 vs 183.3Higher yield: CSW 0.34% vs 0.00%Smaller drawdown: CSW -46.2% vs -52.7%Higher 5y return: CSW +140.7% vs +32.4%
-40%0%+33%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CSW · DSGR

Year-by-year returns

YearCSWDSGR
2022-3.5%-32.7%
2023+79.8%+71.2%
2024+70.6%+9.0%
2025-16.5%-20.4%
2026+8.8%+27.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CSW and DSGR good diversifiers for each other?

Reasonably. At 0.42, CSW and DSGR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between CSW and DSGR?

As of 2026-08-27, the correlation of weekly returns between CSW and DSGR is 0.42 over 3 years, 0.33 over 1 year and 0.31 over 5 years.

Is DSGR a good diversifier for CSW?

Reasonably. At 0.42, CSW and DSGR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.42 mean?

A reading of 0.42 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

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CSW vs DSGR: 3-year weekly correlation 0.42CSW vs DSGR0.42

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Related comparisons

Hubs: CSW correlations · DSGR correlations