CSWC vs. OBDC

Last updated Apr 1, 2026

Compare and contrast key facts about Capital Southwest Corporation (CSWC) and Blue Owl Capital Corporation (OBDC).

Performance

CSWC vs. OBDC - Performance Comparison

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

CSWC vs. OBDC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
CSWC Capital Southwest Corporation	2.75%	14.28%	2.14%	56.10%	-24.63%	57.40%	-1.56%	6.14%
OBDC Blue Owl Capital Corporation	-7.89%	-7.87%	14.69%	43.51%	-9.48%	21.99%	-19.52%	20.08%

Fundamentals

EPS CSWC : $1.65 OBDC : $1.49
PE Ratio CSWC : 13.38 OBDC : 7.41
PS Ratio CSWC : 6.71 OBDC : 2.27
Total Revenue (TTM) CSWC : $213.56M OBDC : $1.66B
Gross Profit (TTM) CSWC : $105.62M OBDC : $573.44M
EBITDA (TTM) CSWC : $87.11M OBDC : $520.70M

Returns By Period

In the year-to-date period, CSWC achieves a 2.75% return, which is significantly higher than OBDC's -7.89% return.

CSWC

• 1D: 2.98%
• 1M: 2.34%
• YTD: 2.75%
• 6M: 7.32%
• 1Y: 11.41%
• 3Y*: 20.27%
• 5Y*: 11.43%
• 10Y*: 16.43%

OBDC

• 1D: 5.13%
• 1M: 1.41%
• YTD: -7.89%
• 6M: -7.67%
• 1Y: -14.92%
• 3Y*: 7.50%
• 5Y*: 6.41%
• 10Y*: —

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

Return for Risk

CSWC vs. OBDC — Risk / Return Rank

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

CSWC

CSWC Risk / Return Rank: 55
CSWC Sharpe Ratio Rank: 59
CSWC Sortino Ratio Rank: 51
CSWC Omega Ratio Rank: 52
CSWC Calmar Ratio Rank: 56
CSWC Martin Ratio Rank: 59

OBDC

OBDC Risk / Return Rank: 18
OBDC Sharpe Ratio Rank: 17
OBDC Sortino Ratio Rank: 16
OBDC Omega Ratio Rank: 17
OBDC Calmar Ratio Rank: 21
OBDC Martin Ratio Rank: 18

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. OBDC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Southwest Corporation (CSWC) and Blue Owl Capital Corporation (OBDC). 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	OBDC	Difference
Sharpe ratio Return per unit of total volatility	0.46	-0.58	+1.04
Sortino ratio Return per unit of downside risk	0.80	-0.69	+1.49
Omega ratio Gain probability vs. loss probability	1.11	0.91	+0.20
Calmar ratio Return relative to maximum drawdown	0.56	-0.63	+1.19
Martin ratio Return relative to average drawdown	1.73	-1.26	+2.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSWC vs. OBDC - Sharpe Ratio Comparison

The current CSWC Sharpe Ratio is 0.46, which is higher than the OBDC Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of CSWC and OBDC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CSWC	OBDC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	-0.58	+1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.32	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.23	+0.04

Correlation

The correlation between CSWC and OBDC is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CSWC vs. OBDC - Dividend Comparison

CSWC's dividend yield for the trailing twelve months is around 11.58%, less than OBDC's 13.65% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSWC Capital Southwest Corporation	11.58%	11.56%	11.59%	10.21%	12.46%	10.13%	11.49%	13.07%	10.77%	7.01%	2.35%	0.72%
OBDC Blue Owl Capital Corporation	13.65%	12.55%	11.38%	10.77%	11.17%	8.76%	12.32%	3.80%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CSWC vs. OBDC - Drawdown Comparison

The maximum CSWC drawdown since its inception was -77.32%, which is greater than OBDC's maximum drawdown of -56.07%. Use the drawdown chart below to compare losses from any high point for CSWC and OBDC.

Drawdown Indicators

	CSWC	OBDC	Difference
Max Drawdown Largest peak-to-trough decline	-77.32%	-56.07%	-21.25%
Max Drawdown (1Y) Largest decline over 1 year	-19.83%	-23.90%	+4.07%
Max Drawdown (5Y) Largest decline over 5 years	-33.66%	-28.26%	-5.40%
Max Drawdown (10Y) Largest decline over 10 years	-61.15%	—	—
Current Drawdown Current decline from peak	-4.85%	-19.55%	+14.70%
Average Drawdown Average peak-to-trough decline	-26.13%	-10.45%	-15.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.47%	11.87%	-5.40%

Volatility

CSWC vs. OBDC - Volatility Comparison

The current volatility for Capital Southwest Corporation (CSWC) is 5.89%, while Blue Owl Capital Corporation (OBDC) has a volatility of 8.09%. This indicates that CSWC experiences smaller price fluctuations and is considered to be less risky than OBDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSWC	OBDC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	8.09%	-2.20%
Volatility (6M) Calculated over the trailing 6-month period	15.11%	18.50%	-3.39%
Volatility (1Y) Calculated over the trailing 1-year period	24.80%	25.92%	-1.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.78%	20.33%	+2.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.33%	27.12%	+0.21%

Financials

CSWC vs. OBDC - Profitability Comparison

The chart below illustrates the profitability comparison between Capital Southwest Corporation and Blue Owl Capital Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CSWC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Capital Southwest Corporation reported a gross profit of 0.00 and revenue of 61.45M. Therefore, the gross margin over that period was 0.0%.

OBDC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Blue Owl Capital Corporation reported a gross profit of 0.00 and revenue of 664.26M. Therefore, the gross margin over that period was 0.0%.

CSWC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Capital Southwest Corporation reported an operating income of 0.00 and revenue of 61.45M, resulting in an operating margin of 0.0%.

OBDC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Blue Owl Capital Corporation reported an operating income of 0.00 and revenue of 664.26M, resulting in an operating margin of 0.0%.

CSWC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Capital Southwest Corporation reported a net income of 36.99M and revenue of 61.45M, resulting in a net margin of 60.2%.

OBDC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Blue Owl Capital Corporation reported a net income of 0.00 and revenue of 664.26M, resulting in a net margin of 0.0%.