CARE vs. HG

Last updated Jun 13, 2026

CARE (Carter Bankshares, Inc.) and HG (Hamilton Insurance Group Ltd.) are both stocks. Both are in the Financial Services sector — CARE in Banks - Regional, HG in Insurance - Reinsurance. Over the past year, CARE returned 79.68% vs 59.59% for HG. At a 0.25 correlation, their price movements are largely independent.

Performance

CARE vs. HG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carter Bankshares, Inc. (CARE) and Hamilton Insurance Group Ltd. (HG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CARE achieves a 52.54% return, which is significantly higher than HG's 22.35% return.

CARE

• 1D: 1.07%
• 1M: 12.31%
• YTD: 52.54%
• 6M: 50.09%
• 1Y: 79.68%
• 3Y*: 23.55%
• 5Y*: 16.01%
• 10Y*: 9.15%

HG

• 1D: -0.03%
• 1M: 5.38%
• YTD: 22.35%
• 6M: 21.31%
• 1Y: 59.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CARE vs. HG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CARE Carter Bankshares, Inc.	52.54%	11.77%	17.50%	28.50%
HG Hamilton Insurance Group Ltd.	22.35%	46.61%	27.29%	-1.97%

Correlation

The correlation between CARE and HG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (All Time) Calculated using the full available price history since Nov 10, 2023	0.25

Fundamentals

EPS CARE : $4.87 HG : $8.27
PE Ratio CARE : 6.13 HG : 3.86
PEG Ratio CARE : 0.43 HG : 0.07
PS Ratio CARE : 2.07 HG : 0.84
Total Revenue (TTM) CARE : $319.93M HG : $2.90B
Gross Profit (TTM) CARE : $256.97M HG : $1.76B
EBITDA (TTM) CARE : $142.80M HG : $1.36B

Return for Risk

CARE vs. HG — Risk / Return Rank

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

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

HG

HG Risk / Return Rank: 91
HG Sharpe Ratio Rank: 91
HG Sortino Ratio Rank: 90
HG Omega Ratio Rank: 87
HG Calmar Ratio Rank: 92
HG Martin Ratio Rank: 94

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.

CARE vs. HG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carter Bankshares, Inc. (CARE) and Hamilton Insurance Group Ltd. (HG). 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.

	CARE	HG	Difference
Sharpe ratio: Return per unit of total volatility	3.03	2.15	+0.88
Sortino ratio: Return per unit of downside risk	3.81	2.99	+0.82
Omega ratio: Gain probability vs. loss probability	1.53	1.36	+0.17
Calmar ratio: Return relative to maximum drawdown	5.06	4.72	+0.34
Martin ratio: Return relative to average drawdown	14.55	16.71	-2.16

CARE vs. HG - Sharpe Ratio Comparison

The current CARE Sharpe Ratio is 3.03, which is higher than the HG Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of CARE and HG, 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

CARE vs. HG - Drawdown Comparison

The maximum CARE drawdown since its inception was -73.17%, which is greater than HG's maximum drawdown of -21.07%. Use the drawdown chart below to compare losses from any high point for CARE and HG.

Drawdown Indicators

	CARE	HG	Difference
Max Drawdown Largest peak-to-trough decline	-73.17%	-21.07%	-52.10%
Max Drawdown (1Y) Largest decline over 1 year	-15.83%	-12.69%	-3.14%
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	0.00%	-2.71%	+2.71%
Average Drawdown Average peak-to-trough decline	-19.46%	-5.42%	-14.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.50%	3.58%	+1.92%

Volatility

CARE vs. HG - Volatility Comparison

Carter Bankshares, Inc. (CARE) and Hamilton Insurance Group Ltd. (HG) have volatilities of 8.65% and 8.69%, 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.

Volatility by Period

	CARE	HG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.65%	8.69%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	18.11%	18.52%	-0.41%
Volatility (1Y) Calculated over the trailing 1-year period	26.45%	27.89%	-1.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.05%	31.39%	-0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.81%	31.39%	+5.42%

Dividends

CARE vs. HG - Dividend Comparison

CARE's dividend yield for the trailing twelve months is around 0.33%, less than HG's 6.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
HG Hamilton Insurance Group Ltd.	6.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both CARE and HG in my portfolio?

CARE and HG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CARE or HG?

HG has higher volatility (8.69%) compared to CARE (8.65%). In terms of maximum drawdown, CARE dropped -73.17% vs HG's -21.07%.

Which has better risk-adjusted returns?

CARE currently has the higher Sharpe Ratio (3.03 vs 2.15), 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.