OBDC vs. CSWC
OBDC (Blue Owl Capital Corporation) and CSWC (Capital Southwest Corporation) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 5 years, OBDC returned 5.07%/yr vs 10.16%/yr for CSWC. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
OBDC vs. CSWC - Performance Comparison
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Returns By Period
In the year-to-date period, OBDC achieves a -10.14% return, which is significantly lower than CSWC's 10.72% return.
OBDC
- 1D
- -0.74%
- 1M
- -2.18%
- YTD
- -10.14%
- 6M
- -9.14%
- 1Y
- -15.96%
- 3Y*
- 4.71%
- 5Y*
- 5.07%
- 10Y*
- —
CSWC
- 1D
- 0.96%
- 1M
- 3.00%
- YTD
- 10.72%
- 6M
- 14.07%
- 1Y
- 22.41%
- 3Y*
- 19.70%
- 5Y*
- 10.16%
- 10Y*
- 17.03%
OBDC vs. CSWC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
OBDC Blue Owl Capital Corporation | -10.14% | -7.87% | 14.69% | 43.51% | -9.48% | 21.99% | -19.52% | 20.00% |
CSWC Capital Southwest Corporation | 10.72% | 14.28% | 2.14% | 56.10% | -24.63% | 57.40% | -1.56% | 5.99% |
Correlation
The correlation between OBDC and CSWC is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2019 | 0.54 |
The correlation between OBDC and CSWC shifts across timeframes, from 0.54 (all time) to 0.67 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
OBDC:
$5.38B
CSWC:
$1.45B
OBDC:
$1.07
CSWC:
$1.76
OBDC:
10.06
CSWC:
13.19
OBDC:
15.11
CSWC:
1.00
OBDC:
4.08
CSWC:
6.71
OBDC:
0.75
CSWC:
1.43
OBDC:
$1.34B
CSWC:
$222.04M
OBDC:
$616.29M
CSWC:
$172.70M
OBDC:
$539.15M
CSWC:
$142.78M
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Return for Risk
OBDC vs. CSWC — Risk / Return Rank
OBDC
CSWC
OBDC vs. CSWC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blue Owl Capital Corporation (OBDC) and Capital Southwest Corporation (CSWC). 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.
| OBDC | CSWC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.66 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.21 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 1.43 | -2.10 |
| Martin ratioReturn relative to average drawdown | -1.10 | 4.58 | -5.68 |
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Drawdowns
OBDC vs. CSWC - Drawdown Comparison
The maximum OBDC drawdown since its inception was -56.07%, smaller than the maximum CSWC drawdown of -68.33%. Use the drawdown chart below to compare losses from any high point for OBDC and CSWC.
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Drawdown Indicators
| OBDC | CSWC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.07% | -68.33% | +12.26% |
Max Drawdown (1Y)Largest decline over 1 year | -23.90% | -15.75% | -8.15% |
Max Drawdown (3Y)Largest decline over 3 years | -23.90% | -27.74% | +3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -28.26% | -33.66% | +5.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.15% | — |
Current DrawdownCurrent decline from peak | -21.52% | -2.70% | -18.82% |
Average DrawdownAverage peak-to-trough decline | -10.69% | -18.34% | +7.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.49% | 4.91% | +9.58% |
Volatility
OBDC vs. CSWC - Volatility Comparison
Blue Owl Capital Corporation (OBDC) has a higher volatility of 6.78% compared to Capital Southwest Corporation (CSWC) at 4.82%. This indicates that OBDC's price experiences larger fluctuations and is considered to be riskier than CSWC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OBDC | CSWC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 4.82% | +1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 18.96% | 14.02% | +4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.30% | 18.93% | +4.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.72% | 22.53% | -1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.04% | 27.42% | -0.38% |
Dividends
OBDC vs. CSWC - Dividend Comparison
OBDC's dividend yield for the trailing twelve months is around 13.90%, more than CSWC's 11.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSWC Capital Southwest Corporation | 11.04% | 11.56% | 11.59% | 10.21% | 12.46% | 10.13% | 11.49% | 13.07% | 10.77% | 7.01% | 2.35% | 216.86% |
OBDC Blue Owl Capital Corporation | 13.90% | 12.55% | 11.38% | 10.77% | 11.17% | 8.76% | 12.32% | 3.80% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
OBDC vs. CSWC - Financials Comparison
This section allows you to compare key financial metrics between Blue Owl Capital Corporation and Capital Southwest 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
OBDC vs. CSWC - Profitability Comparison
OBDC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blue Owl Capital Corporation reported a gross profit of 0.00 and revenue of 342.53M. Therefore, the gross margin over that period was 0.0%.
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%.
OBDC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blue Owl Capital Corporation reported an operating income of 0.00 and revenue of 342.53M, resulting in an operating margin of 0.0%.
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%.
OBDC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blue Owl Capital Corporation reported a net income of 159.17M and revenue of 342.53M, resulting in a net margin of 46.5%.
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%.
Frequently Asked Questions
OBDC and CSWC have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OBDC has higher volatility (6.78%) compared to CSWC (4.82%). In terms of maximum drawdown, OBDC dropped -56.07% vs CSWC's -68.33%.
CSWC currently has the higher Sharpe Ratio (1.19 vs -0.69), 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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