CSWC vs. AJG
CSWC (Capital Southwest Corporation) and AJG (Arthur J. Gallagher & Co.) are both stocks. Both are in the Financial Services sector — CSWC in Asset Management, AJG in Insurance Brokers. Over the past 10 years, CSWC returned 17.21%/yr vs 17.92%/yr for AJG. At a 0.19 correlation, their price movements are largely independent.
Performance
CSWC vs. AJG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSWC achieves a 9.91% return, which is significantly higher than AJG's -17.35% return. Both investments have delivered pretty close results over the past 10 years, with CSWC having a 17.21% annualized return and AJG not far ahead at 17.92%.
CSWC
- 1D
- 0.30%
- 1M
- -1.72%
- YTD
- 9.91%
- 6M
- 11.47%
- 1Y
- 26.31%
- 3Y*
- 18.55%
- 5Y*
- 8.30%
- 10Y*
- 17.21%
AJG
- 1D
- -1.67%
- 1M
- 7.22%
- YTD
- -17.35%
- 6M
- -10.08%
- 1Y
- -34.63%
- 3Y*
- 1.87%
- 5Y*
- 9.17%
- 10Y*
- 17.92%
CSWC vs. AJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSWC Capital Southwest Corporation | 9.91% | 14.28% | 2.14% | 56.10% | -24.63% | 57.40% | -1.56% | 22.80% | 29.52% | 9.99% |
AJG Arthur J. Gallagher & Co. | -17.35% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 25.04% |
Correlation
The correlation between CSWC and AJG is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 1990 | 0.19 |
The correlation between CSWC and AJG shifts across timeframes, from 0.17 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CSWC:
$1.76
AJG:
$5.74
CSWC:
13.23
AJG:
37.04
CSWC:
1.00
AJG:
3.84
CSWC:
6.73
AJG:
3.97
CSWC:
$222.04M
AJG:
$13.94B
CSWC:
$172.70M
AJG:
$7.63B
CSWC:
$142.78M
AJG:
$3.66B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSWC vs. AJG — Risk / Return Rank
CSWC
AJG
CSWC vs. AJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Southwest Corporation (CSWC) and Arthur J. Gallagher & Co. (AJG). 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.
| CSWC | AJG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.64 | ||
| Sortino ratioReturn per unit of downside risk | +3.77 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.78 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | -0.85 | +2.53 |
| Martin ratioReturn relative to average drawdown | 5.41 | -1.47 | +6.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CSWC | AJG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | -1.25 | +2.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.40 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.78 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.47 | -0.08 |
Drawdowns
CSWC vs. AJG - Drawdown Comparison
The maximum CSWC drawdown since its inception was -68.33%, which is greater than AJG's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for CSWC and AJG.
Loading charts...
Drawdown Indicators
| CSWC | AJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.33% | -57.49% | -10.84% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -40.64% | +24.89% |
Max Drawdown (3Y)Largest decline over 3 years | -27.74% | -44.40% | +16.66% |
Max Drawdown (5Y)Largest decline over 5 years | -33.66% | -44.40% | +10.74% |
Max Drawdown (10Y)Largest decline over 10 years | -61.15% | -44.40% | -16.75% |
Current DrawdownCurrent decline from peak | -3.42% | -38.26% | +34.84% |
Average DrawdownAverage peak-to-trough decline | -18.36% | -12.83% | -5.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.88% | 24.06% | -19.18% |
Volatility
CSWC vs. AJG - Volatility Comparison
The current volatility for Capital Southwest Corporation (CSWC) is 5.56%, while Arthur J. Gallagher & Co. (AJG) has a volatility of 8.97%. This indicates that CSWC experiences smaller price fluctuations and is considered to be less risky than AJG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSWC | AJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 8.97% | -3.41% |
Volatility (6M)Calculated over the trailing 6-month period | 13.93% | 22.42% | -8.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.02% | 27.95% | -8.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.66% | 22.96% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.41% | 23.08% | +4.33% |
Dividends
CSWC vs. AJG - Dividend Comparison
CSWC's dividend yield for the trailing twelve months is around 12.66%, more than AJG's 1.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.27% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
CSWC Capital Southwest Corporation | 12.66% | 11.56% | 11.59% | 10.21% | 12.46% | 10.13% | 11.49% | 13.07% | 10.77% | 7.01% | 2.35% | 216.86% |
Financials
CSWC vs. AJG - Financials Comparison
This section allows you to compare key financial metrics between Capital Southwest Corporation and Arthur J. Gallagher & Co.. 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
CSWC vs. AJG - Profitability Comparison
CSWC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Capital Southwest Corporation reported a gross profit of 54.00M and revenue of 54.00M. Therefore, the gross margin over that period was 100.0%.
AJG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported a gross profit of 1.42B and revenue of 3.63B. Therefore, the gross margin over that period was 39.1%.
CSWC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Capital Southwest Corporation reported an operating income of 44.66M and revenue of 54.00M, resulting in an operating margin of 82.7%.
AJG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported an operating income of 341.00M and revenue of 3.63B, resulting in an operating margin of 9.4%.
CSWC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Capital Southwest Corporation reported a net income of 27.48M and revenue of 54.00M, resulting in a net margin of 50.9%.
AJG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported a net income of 151.00M and revenue of 3.63B, resulting in a net margin of 4.2%.
Frequently Asked Questions
CSWC and AJG have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AJG has higher volatility (8.97%) compared to CSWC (5.56%). In terms of maximum drawdown, CSWC dropped -68.33% vs AJG's -57.49%.
CSWC currently has the higher Sharpe Ratio (1.39 vs -1.25), 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.
Find the right allocation for CSWC and AJG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer