CSWC vs. INGR

Last updated Jun 13, 2026

CSWC (Capital Southwest Corporation) and INGR (Ingredion Incorporated) are both stocks. CSWC operates in Asset Management (Financial Services), while INGR operates in Packaged Foods (Consumer Defensive). Over the past 10 years, CSWC returned 17.30%/yr vs 0.79%/yr for INGR. At a 0.22 correlation, their price movements are largely independent.

Performance

CSWC vs. INGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Southwest Corporation (CSWC) and Ingredion Incorporated (INGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSWC achieves a 11.14% return, which is significantly higher than INGR's -6.49% return. Over the past 10 years, CSWC has outperformed INGR with an annualized return of 17.30%, while INGR has yielded a comparatively lower 0.79% annualized return.

CSWC

• 1D: 0.51%
• 1M: -0.13%
• YTD: 11.14%
• 6M: 11.81%
• 1Y: 26.38%
• 3Y*: 18.73%
• 5Y*: 8.54%
• 10Y*: 17.30%

INGR

• 1D: 0.68%
• 1M: -1.00%
• YTD: -6.49%
• 6M: -8.29%
• 1Y: -24.48%
• 3Y*: 0.77%
• 5Y*: 4.31%
• 10Y*: 0.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSWC vs. INGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSWC Capital Southwest Corporation	11.14%	14.28%	2.14%	56.10%	-24.63%	57.40%	-1.56%	22.80%	29.52%	9.99%
INGR Ingredion Incorporated	-6.49%	-17.86%	29.22%	14.08%	4.47%	26.35%	-12.55%	4.70%	-33.10%	13.87%

Correlation

The correlation between CSWC and INGR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Dec 11, 1997	0.22

Fundamentals

EPS CSWC : $1.76 INGR : $13.96
PE Ratio CSWC : 13.38 INGR : 7.28
PEG Ratio CSWC : 1.01 INGR : 0.08
PS Ratio CSWC : 6.81 INGR : 0.92
Total Revenue (TTM) CSWC : $222.04M INGR : $5.41B
Gross Profit (TTM) CSWC : $172.70M INGR : $1.36B
EBITDA (TTM) CSWC : $142.78M INGR : $902.00M

Return for Risk

CSWC vs. INGR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSWC

CSWC Risk / Return Rank: 76
CSWC Sharpe Ratio Rank: 80
CSWC Sortino Ratio Rank: 76
CSWC Omega Ratio Rank: 74
CSWC Calmar Ratio Rank: 72
CSWC Martin Ratio Rank: 77

INGR

INGR Risk / Return Rank: 3
INGR Sharpe Ratio Rank: 0
INGR Sortino Ratio Rank: 2
INGR Omega Ratio Rank: 3
INGR Calmar Ratio Rank: 4
INGR Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSWC vs. INGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Southwest Corporation (CSWC) and Ingredion Incorporated (INGR). 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	INGR	Difference
Sharpe ratio: Return per unit of total volatility	1.33	-1.52	+2.84
Sortino ratio: Return per unit of downside risk	1.96	-2.07	+4.03
Omega ratio: Gain probability vs. loss probability	1.24	0.75	+0.48
Calmar ratio: Return relative to maximum drawdown	1.59	-0.95	+2.54
Martin ratio: Return relative to average drawdown	5.13	-1.58	+6.71

CSWC vs. INGR - Sharpe Ratio Comparison

The current CSWC Sharpe Ratio is 1.33, which is higher than the INGR Sharpe Ratio of -1.52. The chart below compares the historical Sharpe Ratios of CSWC and INGR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSWC vs. INGR - Drawdown Comparison

The maximum CSWC drawdown since its inception was -68.33%, which is greater than INGR's maximum drawdown of -64.20%. Use the drawdown chart below to compare losses from any high point for CSWC and INGR.

Drawdown Indicators

	CSWC	INGR	Difference
Max Drawdown Largest peak-to-trough decline	-68.33%	-64.20%	-4.13%
Max Drawdown (1Y) Largest decline over 1 year	-15.75%	-26.58%	+10.83%
Max Drawdown (3Y) Largest decline over 3 years	-27.74%	-33.21%	+5.47%
Max Drawdown (5Y) Largest decline over 5 years	-33.66%	-33.21%	-0.45%
Max Drawdown (10Y) Largest decline over 10 years	-61.15%	-56.14%	-5.01%
Current Drawdown Current decline from peak	-2.34%	-31.78%	+29.44%
Average Drawdown Average peak-to-trough decline	-18.35%	-18.32%	-0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	16.03%	-11.14%

Volatility

CSWC vs. INGR - Volatility Comparison

The current volatility for Capital Southwest Corporation (CSWC) is 5.25%, while Ingredion Incorporated (INGR) has a volatility of 5.82%. This indicates that CSWC experiences smaller price fluctuations and is considered to be less risky than INGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSWC	INGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	5.82%	-0.57%
Volatility (6M) Calculated over the trailing 6-month period	13.93%	11.73%	+2.20%
Volatility (1Y) Calculated over the trailing 1-year period	18.98%	16.64%	+2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.65%	21.32%	+1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.40%	24.87%	+2.53%

Dividends

CSWC vs. INGR - Dividend Comparison

CSWC's dividend yield for the trailing twelve months is around 12.52%, more than INGR's 3.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSWC Capital Southwest Corporation	9.80%	11.56%	11.59%	10.21%	12.46%	10.13%	11.49%	13.07%	10.77%	7.01%	2.35%	216.86%
INGR Ingredion Incorporated	3.21%	2.92%	1.72%	2.75%	2.78%	2.67%	3.23%	2.70%	2.68%	1.57%	1.52%	1.82%

Financials

Frequently Asked Questions

Can I hold both CSWC and INGR in my portfolio?

CSWC and INGR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSWC or INGR?

INGR has higher volatility (5.82%) compared to CSWC (5.25%). In terms of maximum drawdown, CSWC dropped -68.33% vs INGR's -64.20%.

Which has better risk-adjusted returns?

CSWC currently has the higher Sharpe Ratio (1.33 vs -1.52), 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.