ASIC vs. CARE

Last updated Jun 13, 2026

ASIC (Ategrity Specialty Holdings LLC) and CARE (Carter Bankshares, Inc.) are both stocks. Both are in the Financial Services sector — ASIC in Insurance - Property & Casualty, CARE in Banks - Regional. Over the past year, ASIC returned -12.21% vs 84.66% for CARE. At a 0.28 correlation, their price movements are largely independent.

Performance

ASIC vs. CARE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ategrity Specialty Holdings LLC (ASIC) and Carter Bankshares, Inc. (CARE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASIC achieves a -1.14% return, which is significantly lower than CARE's 52.54% return.

ASIC

• 1D: -1.19%
• 1M: 6.79%
• YTD: -1.14%
• 6M: 2.72%
• 1Y: -12.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CARE

• 1D: 1.07%
• 1M: 10.36%
• YTD: 52.54%
• 6M: 50.09%
• 1Y: 84.66%
• 3Y*: 23.55%
• 5Y*: 16.01%
• 10Y*: 9.15%

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

ASIC vs. CARE - Yearly Performance Comparison

	2026 (YTD)	2025
ASIC Ategrity Specialty Holdings LLC	-1.14%	-11.16%
CARE Carter Bankshares, Inc.	52.54%	17.87%

Correlation

The correlation between ASIC and CARE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025	0.28

Fundamentals

Market Cap ASIC : $1.03B CARE : $652.68M
EPS ASIC : $1.95 CARE : $4.87
PE Ratio ASIC : 10.66 CARE : 6.13
PEG Ratio ASIC : 0.05 CARE : 0.43
PS Ratio ASIC : 2.06 CARE : 2.07
PB Ratio ASIC : 1.64 CARE : 1.29
Total Revenue (TTM) ASIC : $470.18M CARE : $319.93M
Gross Profit (TTM) ASIC : $257.61M CARE : $256.97M
EBITDA (TTM) ASIC : $120.37M CARE : $142.80M

Return for Risk

ASIC vs. CARE — Risk / Return Rank

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

ASIC

ASIC Risk / Return Rank: 28
ASIC Sharpe Ratio Rank: 30
ASIC Sortino Ratio Rank: 29
ASIC Omega Ratio Rank: 29
ASIC Calmar Ratio Rank: 28
ASIC Martin Ratio Rank: 27

CARE

CARE Risk / Return Rank: 94
CARE Sharpe Ratio Rank: 96
CARE Sortino Ratio Rank: 95
CARE Omega Ratio Rank: 95
CARE Calmar Ratio Rank: 93
CARE Martin Ratio Rank: 93

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.

ASIC vs. CARE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ategrity Specialty Holdings LLC (ASIC) and Carter Bankshares, Inc. (CARE). 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.

	ASIC	CARE	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	3.03	-3.31
Sortino ratio: Return per unit of downside risk	-0.12	3.81	-3.92
Omega ratio: Gain probability vs. loss probability	0.99	1.53	-0.54
Calmar ratio: Return relative to maximum drawdown	-0.44	5.06	-5.50
Martin ratio: Return relative to average drawdown	-0.79	14.55	-15.34

ASIC vs. CARE - Sharpe Ratio Comparison

The current ASIC Sharpe Ratio is -0.28, which is lower than the CARE Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of ASIC and CARE, 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

ASIC vs. CARE - Drawdown Comparison

The maximum ASIC drawdown since its inception was -33.63%, smaller than the maximum CARE drawdown of -73.17%. Use the drawdown chart below to compare losses from any high point for ASIC and CARE.

Drawdown Indicators

	ASIC	CARE	Difference
Max Drawdown Largest peak-to-trough decline	-33.63%	-73.17%	+39.54%
Max Drawdown (1Y) Largest decline over 1 year	-30.77%	-15.83%	-14.94%
Max Drawdown (3Y) Largest decline over 3 years	—	-35.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.17%	—
Current Drawdown Current decline from peak	-15.84%	0.00%	-15.84%
Average Drawdown Average peak-to-trough decline	-18.99%	-19.46%	+0.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.98%	5.50%	+12.48%

Volatility

ASIC vs. CARE - Volatility Comparison

Ategrity Specialty Holdings LLC (ASIC) has a higher volatility of 9.65% compared to Carter Bankshares, Inc. (CARE) at 8.65%. This indicates that ASIC's price experiences larger fluctuations and is considered to be riskier than CARE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASIC	CARE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.65%	8.65%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	33.68%	18.11%	+15.57%
Volatility (1Y) Calculated over the trailing 1-year period	47.68%	26.45%	+21.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.79%	31.05%	+16.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.79%	36.81%	+10.98%

Dividends

ASIC vs. CARE - Dividend Comparison

ASIC has not paid dividends to shareholders, while CARE's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASIC Ategrity Specialty Holdings LLC	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CARE Carter Bankshares, Inc.	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	1.31%	0.00%	0.00%	0.00%	2.26%	2.96%

Financials

Frequently Asked Questions

Can I hold both ASIC and CARE in my portfolio?

ASIC and CARE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASIC or CARE?

ASIC has higher volatility (9.65%) compared to CARE (8.65%). In terms of maximum drawdown, ASIC dropped -33.63% vs CARE's -73.17%.

Which has better risk-adjusted returns?

CARE currently has the higher Sharpe Ratio (3.03 vs -0.28), 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.