WSO vs. GAIN
WSO (Watsco, Inc.) and GAIN (Gladstone Investment Corporation) are both stocks. WSO operates in Industrial Distribution (Industrials), while GAIN operates in Asset Management (Financial Services). Over the past 10 years, WSO returned 14.88%/yr vs 18.56%/yr for GAIN. At a 0.31 correlation, their price movements are largely independent.
Performance
WSO vs. GAIN - Performance Comparison
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Returns By Period
In the year-to-date period, WSO achieves a 19.76% return, which is significantly higher than GAIN's 8.56% return. Over the past 10 years, WSO has underperformed GAIN with an annualized return of 14.88%, while GAIN has yielded a comparatively higher 18.56% annualized return.
WSO
- 1D
- -0.97%
- 1M
- 5.86%
- YTD
- 19.76%
- 6M
- 16.20%
- 1Y
- -2.92%
- 3Y*
- 5.56%
- 5Y*
- 10.26%
- 10Y*
- 14.88%
GAIN
- 1D
- -0.14%
- 1M
- -7.17%
- YTD
- 8.56%
- 6M
- 10.38%
- 1Y
- 11.56%
- 3Y*
- 19.05%
- 5Y*
- 12.21%
- 10Y*
- 18.56%
WSO vs. GAIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WSO Watsco, Inc. | 19.76% | -27.02% | 13.22% | 77.00% | -17.74% | 42.09% | 30.57% | 34.99% | -15.54% | 18.36% |
GAIN Gladstone Investment Corporation | 8.56% | 17.11% | 5.33% | 31.01% | -17.55% | 82.14% | -16.56% | 53.31% | -9.67% | 44.63% |
Correlation
The correlation between WSO and GAIN is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
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 WSO and GAIN shifts across timeframes, from 0.13 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WSO:
$13.08
GAIN:
$3.40
WSO:
30.36
GAIN:
4.34
WSO:
5.90
GAIN:
0.10
WSO:
2.08
GAIN:
5.02
WSO:
$7.24B
GAIN:
$112.66M
WSO:
$2.05B
GAIN:
$80.66M
WSO:
$778.38M
GAIN:
$57.95M
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Return for Risk
WSO vs. GAIN — Risk / Return Rank
WSO
GAIN
WSO vs. GAIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Watsco, Inc. (WSO) and Gladstone Investment Corporation (GAIN). 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.
| WSO | GAIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.13 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 0.91 | -1.00 |
| Martin ratioReturn relative to average drawdown | -0.15 | 3.42 | -3.57 |
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Drawdowns
WSO vs. GAIN - Drawdown Comparison
The maximum WSO drawdown since its inception was -64.30%, smaller than the maximum GAIN drawdown of -80.87%. Use the drawdown chart below to compare losses from any high point for WSO and GAIN.
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Drawdown Indicators
| WSO | GAIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.30% | -80.87% | +16.57% |
Max Drawdown (1Y)Largest decline over 1 year | -33.42% | -12.75% | -20.67% |
Max Drawdown (3Y)Largest decline over 3 years | -41.62% | -14.76% | -26.86% |
Max Drawdown (5Y)Largest decline over 5 years | -41.62% | -26.26% | -15.36% |
Max Drawdown (10Y)Largest decline over 10 years | -41.62% | -56.28% | +14.66% |
Current DrawdownCurrent decline from peak | -27.18% | -12.75% | -14.43% |
Average DrawdownAverage peak-to-trough decline | -18.06% | -15.90% | -2.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.97% | 3.39% | +16.58% |
Volatility
WSO vs. GAIN - Volatility Comparison
Watsco, Inc. (WSO) has a higher volatility of 9.43% compared to Gladstone Investment Corporation (GAIN) at 6.40%. This indicates that WSO's price experiences larger fluctuations and is considered to be riskier than GAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WSO | GAIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.43% | 6.40% | +3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 22.72% | 16.64% | +6.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.84% | 19.02% | +12.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.26% | 22.30% | +7.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.88% | 25.72% | +2.16% |
Dividends
WSO vs. GAIN - Dividend Comparison
WSO's dividend yield for the trailing twelve months is around 3.10%, less than GAIN's 5.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIN Gladstone Investment Corporation | 5.96% | 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. | 3.10% | 3.47% | 2.23% | 2.29% | 3.43% | 2.44% | 3.06% | 3.55% | 4.02% | 2.71% | 2.43% | 2.39% |
Financials
WSO vs. GAIN - Financials Comparison
This section allows you to compare key financial metrics between Watsco, Inc. and Gladstone Investment 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
Frequently Asked Questions
WSO and GAIN have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WSO has higher volatility (9.43%) compared to GAIN (6.40%). In terms of maximum drawdown, WSO dropped -64.30% vs GAIN's -80.87%.
GAIN currently has the higher Sharpe Ratio (0.61 vs -0.09), 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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