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
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 500 | 1.34 | 0.72 |
| Max drawdown (3Y) | -46.2% | -52.7% |
| Market cap | $5.2B | $1.6B |
| P/E (trailing) | 44.2 | 183.3 |
| Dividend yield | 0.34% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSW | DSGR |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/csw-vs-dsgr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/csw-vs-dsgr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CSW correlations · DSGR correlations