CSWC vs SEAT: Correlation
Capital Southwest Corporation (CSWC) and Vivid Seats Inc. (SEAT) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSWC and SEAT?
Over the past 3 years, CSWC and SEAT moved with a correlation of 0.35, which is moderate. The past 12 months show a tighter link (0.47) than the 3-year average (0.35). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 548.0 %².
SEAT is close to the least connected end of CSWC's tracked universe, ranking #13 of 17. The last year tells two different stories: CSWC led by 89.4 percentage points, +25.5% for CSWC against -63.9% for SEAT. Risk is not evenly split, since SEAT carries 3.9 times the volatility of the other side.
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.
CSWC vs SEAT: side by side
| CSWC (Capital Southwest Corporation) | SEAT (Vivid Seats Inc.) | |
|---|---|---|
| 1-year return | +25.5% | -63.9% |
| 5-year return | +72.3% | -97.6% |
| Volatility (ann.) | 20.0% | 78.2% |
| Beta vs S&P 500 | 0.64 | 1.59 |
| Max drawdown (3Y) | -27.7% | -96.9% |
| Market cap | $1.6B | $0.1B |
| P/E (trailing) | 14.0 | – |
| Dividend yield | 9.20% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSWC | SEAT |
|---|---|---|
| 2022 | -24.4% | -32.9% |
| 2023 | +56.1% | -13.4% |
| 2024 | +2.1% | -26.7% |
| 2025 | +14.3% | -92.2% |
| 2026 | +23.1% | -13.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSWC and SEAT good diversifiers for each other?
Reasonably. At 0.35, CSWC and SEAT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CSWC and SEAT?
The CSWC/SEAT correlation stands at 0.35 on a 3-year window (1 year: 0.47, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is SEAT a good diversifier for CSWC?
Reasonably. At 0.35, CSWC and SEAT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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/cswc-vs-seat.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cswc-vs-seat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CSWC correlations · SEAT correlations
