GAIN vs. WSO
GAIN (Gladstone Investment Corporation) and WSO (Watsco, Inc.) are both stocks. GAIN operates in Asset Management (Financial Services), while WSO operates in Industrial Distribution (Industrials). Over the past 10 years, GAIN returned 18.72%/yr vs 14.60%/yr for WSO. At a 0.31 correlation, their price movements are largely independent.
Performance
GAIN vs. WSO - Performance Comparison
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Returns By Period
In the year-to-date period, GAIN achieves a 10.04% return, which is significantly lower than WSO's 16.91% return. Over the past 10 years, GAIN has outperformed WSO with an annualized return of 18.72%, while WSO has yielded a comparatively lower 14.60% annualized return.
GAIN
- 1D
- 1.36%
- 1M
- -5.91%
- YTD
- 10.04%
- 6M
- 13.29%
- 1Y
- 13.73%
- 3Y*
- 19.59%
- 5Y*
- 12.41%
- 10Y*
- 18.72%
WSO
- 1D
- -2.38%
- 1M
- 3.35%
- YTD
- 16.91%
- 6M
- 13.93%
- 1Y
- -6.90%
- 3Y*
- 4.71%
- 5Y*
- 9.46%
- 10Y*
- 14.60%
GAIN vs. WSO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GAIN Gladstone Investment Corporation | 10.04% | 17.11% | 5.33% | 31.01% | -17.55% | 82.14% | -16.56% | 53.31% | -9.67% | 44.63% |
WSO Watsco, Inc. | 16.91% | -27.02% | 13.22% | 77.00% | -17.74% | 42.09% | 30.57% | 34.99% | -15.54% | 18.36% |
Correlation
The correlation between GAIN and WSO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2005 | 0.31 |
The correlation between GAIN and WSO shifts across timeframes, from 0.12 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GAIN:
$3.40
WSO:
$13.08
GAIN:
4.38
WSO:
29.64
GAIN:
0.10
WSO:
5.76
GAIN:
5.06
WSO:
2.03
GAIN:
$112.66M
WSO:
$7.24B
GAIN:
$80.66M
WSO:
$2.05B
GAIN:
$57.95M
WSO:
$778.38M
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Return for Risk
GAIN vs. WSO — Risk / Return Rank
GAIN
WSO
GAIN vs. WSO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Investment Corporation (GAIN) and Watsco, Inc. (WSO). 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.
| GAIN | WSO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.99 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | -0.21 | +1.29 |
| Martin ratioReturn relative to average drawdown | 3.97 | -0.35 | +4.32 |
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Drawdowns
GAIN vs. WSO - Drawdown Comparison
The maximum GAIN drawdown since its inception was -80.87%, which is greater than WSO's maximum drawdown of -64.30%. Use the drawdown chart below to compare losses from any high point for GAIN and WSO.
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Drawdown Indicators
| GAIN | WSO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.87% | -64.30% | -16.57% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -33.42% | +20.67% |
Max Drawdown (3Y)Largest decline over 3 years | -14.76% | -41.62% | +26.86% |
Max Drawdown (5Y)Largest decline over 5 years | -26.26% | -41.62% | +15.36% |
Max Drawdown (10Y)Largest decline over 10 years | -56.28% | -41.62% | -14.66% |
Current DrawdownCurrent decline from peak | -11.56% | -28.91% | +17.35% |
Average DrawdownAverage peak-to-trough decline | -15.90% | -18.06% | +2.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 20.00% | -16.54% |
Volatility
GAIN vs. WSO - Volatility Comparison
The current volatility for Gladstone Investment Corporation (GAIN) is 6.39%, while Watsco, Inc. (WSO) has a volatility of 9.50%. This indicates that GAIN experiences smaller price fluctuations and is considered to be less risky than WSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GAIN | WSO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.39% | 9.50% | -3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 16.69% | 22.86% | -6.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.02% | 31.86% | -12.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.31% | 30.28% | -7.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.72% | 27.88% | -2.16% |
Dividends
GAIN vs. WSO - Dividend Comparison
GAIN's dividend yield for the trailing twelve months is around 6.45%, more than WSO's 3.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIN Gladstone Investment Corporation | 6.45% | 10.74% | 12.53% | 17.24% | 9.88% | 6.06% | 9.22% | 7.06% | 9.24% | 7.94% | 8.87% | 9.68% |
WSO Watsco, Inc. | 3.17% | 3.47% | 2.23% | 2.29% | 3.43% | 2.44% | 3.06% | 3.55% | 4.02% | 2.71% | 2.43% | 2.39% |
Financials
GAIN vs. WSO - Financials Comparison
This section allows you to compare key financial metrics between Gladstone Investment Corporation and Watsco, 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
GAIN and WSO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WSO has higher volatility (9.50%) compared to GAIN (6.39%). In terms of maximum drawdown, GAIN dropped -80.87% vs WSO's -64.30%.
GAIN currently has the higher Sharpe Ratio (0.72 vs -0.22), 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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