BX vs. CG
BX (Blackstone Inc.) and CG (The Carlyle Group Inc.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, BX returned 22.48%/yr vs 15.81%/yr for CG. Their 0.64 correlation means they have sometimes moved together and sometimes differently.
Performance
BX vs. CG - Performance Comparison
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Returns By Period
In the year-to-date period, BX achieves a -15.38% return, which is significantly higher than CG's -21.07% return. Over the past 10 years, BX has outperformed CG with an annualized return of 22.48%, while CG has yielded a comparatively lower 15.81% annualized return.
BX
- 1D
- -0.25%
- 1M
- 6.86%
- 6M
- -8.42%
- YTD
- -15.38%
- 1Y
- -23.46%
- 3Y*
- 9.46%
- 5Y*
- 5.49%
- 10Y*
- 22.48%
- ALL TIME*
- 12.61%
CG
- 1D
- 1.46%
- 1M
- 8.72%
- 6M
- -20.62%
- YTD
- -21.07%
- 1Y
- -22.14%
- 3Y*
- 12.55%
- 5Y*
- 1.35%
- 10Y*
- 15.81%
- ALL TIME*
- 10.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $746.59M | $603.17M | $618.74M | |
| $125.47M | $119.43M | $152.66M |
BX vs. CG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | -15.38% | -7.84% | 35.07% | 82.75% | -40.01% | 107.11% | 19.78% | 96.33% | 0.10% | 27.34% |
CG The Carlyle Group Inc. | -21.07% | 20.20% | 28.05% | 42.55% | -43.78% | 78.46% | 1.62% | 116.75% | -27.28% | 59.83% |
Correlation
The correlation between BX and CG is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.76 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.71 |
Correlation (All Time) Calculated using the full available price history since May 3, 2012 | 0.64 |
The correlation between BX and CG shifts across timeframes, from 0.64 (all time) to 0.76 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BX:
$154.30B
CG:
$16.57B
BX:
$6.00
CG:
$1.48
BX:
21.30
CG:
31.15
BX:
7.83
CG:
0.19
BX:
4.59
CG:
4.27
BX:
$16.32B
CG:
$3.99B
BX:
$13.72B
CG:
$2.92B
BX:
$8.25B
CG:
$1.01B
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Return for Risk
BX vs. CG — Risk / Return Rank
BX
CG
BX vs. CG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Inc. (BX) and The Carlyle Group Inc. (CG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BX | CG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.92 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.55 | +0.02 |
| Martin ratioReturn relative to average drawdown | -0.87 | -0.95 | +0.07 |
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Drawdowns
BX vs. CG - Drawdown Comparison
The maximum BX drawdown since its inception was -88.09%, which is greater than CG's maximum drawdown of -62.69%. Use the drawdown chart below to compare losses from any high point for BX and CG.
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Drawdown Indicators
| BX | CG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.09% | -62.69% | -25.40% |
Max Drawdown (1Y)Largest decline over 1 year | -44.76% | -40.36% | -4.40% |
Max Drawdown (3Y)Largest decline over 3 years | -46.50% | -40.36% | -6.14% |
Max Drawdown (5Y)Largest decline over 5 years | -49.29% | -56.75% | +7.46% |
Max Drawdown (10Y)Largest decline over 10 years | -49.29% | -56.75% | +7.46% |
Current DrawdownCurrent decline from peak | -32.45% | -32.27% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -26.44% | -21.87% | -4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.92% | 23.42% | +3.50% |
Volatility
BX vs. CG - Volatility Comparison
Blackstone Inc. (BX) has a higher volatility of 9.31% compared to The Carlyle Group Inc. (CG) at 8.71%. This indicates that BX's price experiences larger fluctuations and is considered to be riskier than CG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BX | CG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.31% | 8.71% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 28.89% | 27.96% | +0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.16% | 36.50% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.56% | 39.88% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.77% | 37.46% | -1.69% |
Dividends
BX vs. CG - Dividend Comparison
BX's dividend yield for the trailing twelve months is around 3.89%, more than CG's 3.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | 3.89% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
CG The Carlyle Group Inc. | 3.04% | 2.37% | 2.77% | 3.38% | 4.11% | 1.82% | 3.18% | 4.24% | 7.87% | 5.41% | 11.02% | 21.70% |
Financials
BX vs. CG - Financials Comparison
This section allows you to compare key financial metrics between Blackstone Inc. and The Carlyle Group Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BX and CG have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BX has higher volatility (9.31%) compared to CG (8.71%). In terms of maximum drawdown, BX dropped -88.09% vs CG's -62.69%.
CG currently has the higher Sharpe Ratio (-0.61 vs -0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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