ATI vs. CARR
ATI (ATI Inc.) and CARR (Carrier Global Corporation) are both stocks. Both are in the Industrials sector — ATI in Metal Fabrication, CARR in Building Products & Equipment. Over the past 5 years, ATI returned 55.63%/yr vs 3.79%/yr for CARR. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
ATI vs. CARR - Performance Comparison
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Returns By Period
In the year-to-date period, ATI achieves a 63.33% return, which is significantly higher than CARR's 18.32% return.
ATI
- 1D
- 3.05%
- 1M
- -0.35%
- 6M
- 55.81%
- YTD
- 63.33%
- 1Y
- 144.32%
- 3Y*
- 58.67%
- 5Y*
- 55.63%
- 10Y*
- 27.16%
- ALL TIME*
- 6.54%
CARR
- 1D
- 0.68%
- 1M
- -11.47%
- 6M
- 4.49%
- YTD
- 18.32%
- 1Y
- -6.22%
- 3Y*
- 2.60%
- 5Y*
- 3.79%
- 10Y*
- —
- ALL TIME*
- 28.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ATI ATI Inc. | $278.19M | $264.80M | $312.77M |
| $590.03M | $475.98M | $441.62M |
ATI vs. CARR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ATI ATI Inc. | 63.33% | 108.50% | 21.05% | 52.28% | 87.45% | -5.01% | 111.48% |
CARR Carrier Global Corporation | 18.32% | -21.57% | 20.26% | 41.47% | -22.68% | 45.31% | 176.86% |
Correlation
The correlation between ATI and CARR is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2020 | 0.41 |
Fundamentals
ATI:
$25.58B
CARR:
$50.95B
ATI:
$4.55
CARR:
$1.44
ATI:
41.18
CARR:
42.91
ATI:
1.77
CARR:
0.63
ATI:
3.81
CARR:
2.37
ATI:
$4.59B
CARR:
$22.11B
ATI:
$1.04B
CARR:
$5.38B
ATI:
$773.10M
CARR:
$2.75B
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Return for Risk
ATI vs. CARR — Risk / Return Rank
ATI
CARR
ATI vs. CARR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ATI Inc. (ATI) and Carrier Global Corporation (CARR). 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.
| ATI | CARR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.85 | ||
| Sortino ratioReturn per unit of downside risk | +4.31 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 0.99 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 7.78 | -0.34 | +8.11 |
| Martin ratioReturn relative to average drawdown | 27.48 | -0.68 | +28.16 |
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Drawdowns
ATI vs. CARR - Drawdown Comparison
The maximum ATI drawdown since its inception was -94.72%, which is greater than CARR's maximum drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for ATI and CARR.
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Drawdown Indicators
| ATI | CARR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.72% | -40.82% | -53.90% |
Max Drawdown (1Y)Largest decline over 1 year | -18.58% | -25.38% | +6.80% |
Max Drawdown (3Y)Largest decline over 3 years | -38.02% | -37.91% | -0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -38.02% | -40.82% | +2.80% |
Max Drawdown (10Y)Largest decline over 10 years | -82.43% | — | — |
Current DrawdownCurrent decline from peak | -8.16% | -22.92% | +14.76% |
Average DrawdownAverage peak-to-trough decline | -60.49% | -14.20% | -46.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 13.38% | -8.12% |
Volatility
ATI vs. CARR - Volatility Comparison
ATI Inc. (ATI) and Carrier Global Corporation (CARR) have volatilities of 13.12% and 12.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATI | CARR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.12% | 12.94% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 31.69% | 30.28% | +1.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.14% | 35.83% | +8.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.77% | 32.34% | +10.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.91% | 34.98% | +15.93% |
Dividends
ATI vs. CARR - Dividend Comparison
ATI has not paid dividends to shareholders, while CARR's dividend yield for the trailing twelve months is around 1.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATI ATI Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.51% | 5.51% |
CARR Carrier Global Corporation | 1.53% | 1.70% | 1.16% | 1.30% | 1.54% | 0.94% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ATI vs. CARR - Financials Comparison
This section allows you to compare key financial metrics between ATI Inc. and Carrier Global 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
ATI vs. CARR - Profitability Comparison
ATI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, ATI Inc. reported a gross profit of 262.90M and revenue of 1.15B. Therefore, the gross margin over that period was 22.8%.
CARR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Carrier Global Corporation reported a gross profit of 1.73B and revenue of 6.35B. Therefore, the gross margin over that period was 27.2%.
ATI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, ATI Inc. reported an operating income of 163.80M and revenue of 1.15B, resulting in an operating margin of 14.2%.
CARR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Carrier Global Corporation reported an operating income of 770.00M and revenue of 6.35B, resulting in an operating margin of 12.1%.
ATI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, ATI Inc. reported a net income of 118.20M and revenue of 1.15B, resulting in a net margin of 10.3%.
CARR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Carrier Global Corporation reported a net income of 501.00M and revenue of 6.35B, resulting in a net margin of 7.9%.
Frequently Asked Questions
ATI and CARR have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ATI has higher volatility (13.12%) compared to CARR (12.94%). In terms of maximum drawdown, ATI dropped -94.72% vs CARR's -40.82%.
ATI currently has the higher Sharpe Ratio (3.62 vs -0.24), 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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