CSWC vs. ATH.TO
CSWC (Capital Southwest Corporation) and ATH.TO (Athabasca Oil Corporation) are both stocks. CSWC operates in Asset Management (Financial Services), while ATH.TO operates in Oil & Gas E&P (Energy). Over the past 10 years, CSWC returned 17.25%/yr vs 20.58%/yr for ATH.TO. At a 0.15 correlation, their price movements are largely independent.
Performance
CSWC vs. ATH.TO - Performance Comparison
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Different Trading Currencies
CSWC is traded in USD, while ATH.TO is traded in CAD. To make them comparable, the ATH.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CSWC achieves a 12.25% return, which is significantly lower than ATH.TO's 39.89% return. Over the past 10 years, CSWC has underperformed ATH.TO with an annualized return of 17.25%, while ATH.TO has yielded a comparatively higher 20.58% annualized return.
CSWC
- 1D
- 1.60%
- 1M
- 2.39%
- YTD
- 12.25%
- 6M
- 13.58%
- 1Y
- 20.53%
- 3Y*
- 18.48%
- 5Y*
- 12.18%
- 10Y*
- 17.25%
ATH.TO
- 1D
- 0.17%
- 1M
- -9.28%
- YTD
- 39.89%
- 6M
- 40.02%
- 1Y
- 74.64%
- 3Y*
- 49.11%
- 5Y*
- 55.47%
- 10Y*
- 20.58%
CSWC vs. ATH.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSWC Capital Southwest Corporation | 12.25% | 14.28% | 2.14% | 56.10% | -24.63% | 57.40% | -1.56% | 22.80% | 29.52% | 9.99% |
ATH.TO Athabasca Oil Corporation | 39.89% | 38.20% | 17.84% | 77.25% | 90.45% | 600.35% | -70.49% | -37.84% | -14.65% | -44.01% |
Correlation
The correlation between CSWC and ATH.TO is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2010 | 0.15 |
The correlation between CSWC and ATH.TO shifts across timeframes, from 0.07 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CSWC:
$1.47B
ATH.TO:
CA$4.95B
CSWC:
$1.75
ATH.TO:
CA$0.45
CSWC:
13.47
ATH.TO:
22.82
CSWC:
1.02
ATH.TO:
0.87
CSWC:
6.85
ATH.TO:
3.71
CSWC:
1.45
ATH.TO:
2.68
CSWC:
$222.04M
ATH.TO:
CA$1.35B
CSWC:
$172.70M
ATH.TO:
CA$518.18M
CSWC:
$142.78M
ATH.TO:
CA$505.02M
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Return for Risk
CSWC vs. ATH.TO — Risk / Return Rank
CSWC
ATH.TO
CSWC vs. ATH.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Southwest Corporation (CSWC) and Athabasca Oil Corporation (ATH.TO). 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.
| CSWC | ATH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.90 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.32 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 3.24 | -1.93 |
| Martin ratioReturn relative to average drawdown | 4.18 | 10.81 | -6.62 |
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Drawdowns
CSWC vs. ATH.TO - Drawdown Comparison
The maximum CSWC drawdown since its inception was -68.33%, smaller than the maximum ATH.TO drawdown of -99.59%. Use the drawdown chart below to compare losses from any high point for CSWC and ATH.TO.
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Drawdown Indicators
| CSWC | ATH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.33% | -99.59% | +31.26% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -23.14% | +7.39% |
Max Drawdown (3Y)Largest decline over 3 years | -27.74% | -29.96% | +2.22% |
Max Drawdown (5Y)Largest decline over 5 years | -33.66% | -47.55% | +13.89% |
Max Drawdown (10Y)Largest decline over 10 years | -61.15% | -94.92% | +33.77% |
Current DrawdownCurrent decline from peak | -1.36% | -62.47% | +61.11% |
Average DrawdownAverage peak-to-trough decline | -18.33% | -76.83% | +58.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.92% | 6.93% | -2.01% |
Volatility
CSWC vs. ATH.TO - Volatility Comparison
The current volatility for Capital Southwest Corporation (CSWC) is 5.07%, while Athabasca Oil Corporation (ATH.TO) has a volatility of 13.05%. This indicates that CSWC experiences smaller price fluctuations and is considered to be less risky than ATH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSWC | ATH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.07% | 13.05% | -7.98% |
Volatility (6M)Calculated over the trailing 6-month period | 14.21% | 31.88% | -17.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.93% | 37.71% | -18.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.51% | 49.97% | -27.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.42% | 61.94% | -34.52% |
Dividends
CSWC vs. ATH.TO - Dividend Comparison
CSWC's dividend yield for the trailing twelve months is around 10.89%, while ATH.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATH.TO Athabasca Oil Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CSWC Capital Southwest Corporation | 10.89% | 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. ATH.TO - Financials Comparison
This section allows you to compare key financial metrics between Capital Southwest Corporation and Athabasca Oil Corporation. 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. ATH.TO - 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%.
ATH.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported a gross profit of 134.91M and revenue of 377.38M. Therefore, the gross margin over that period was 35.8%.
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%.
ATH.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported an operating income of 90.74M and revenue of 377.38M, resulting in an operating margin of 24.0%.
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%.
ATH.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported a net income of 46.29M and revenue of 377.38M, resulting in a net margin of 12.3%.
Frequently Asked Questions
CSWC and ATH.TO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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