CARE vs. HON
CARE (Carter Bankshares, Inc.) and HON (Honeywell International Inc) are both stocks. CARE operates in Banks - Regional (Financial Services), while HON operates in Conglomerates (Industrials). Over the past 10 years, CARE returned 9.15%/yr vs 10.02%/yr for HON. At a 0.29 correlation, their price movements are largely independent.
Performance
CARE vs. HON - Performance Comparison
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Returns By Period
In the year-to-date period, CARE achieves a 52.54% return, which is significantly higher than HON's 14.11% return. Over the past 10 years, CARE has underperformed HON with an annualized return of 9.15%, while HON has yielded a comparatively higher 10.02% annualized 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%
HON
- 1D
- 0.54%
- 1M
- 1.63%
- YTD
- 14.11%
- 6M
- 14.95%
- 1Y
- 5.66%
- 3Y*
- 7.43%
- 5Y*
- 2.86%
- 10Y*
- 10.02%
CARE vs. HON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CARE Carter Bankshares, Inc. | 52.54% | 11.77% | 17.50% | -9.76% | 7.80% | 43.56% | -54.48% | 58.13% | -14.53% | 32.05% |
HON Honeywell International Inc | 14.11% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
Correlation
The correlation between CARE and HON is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2012 | 0.29 |
The correlation between CARE and HON shifts across timeframes, from 0.29 (all time) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CARE:
$652.68M
HON:
$140.65B
CARE:
$4.87
HON:
$6.42
CARE:
6.13
HON:
34.34
CARE:
2.07
HON:
3.83
CARE:
1.29
HON:
6.60
CARE:
$319.93M
HON:
$36.76B
CARE:
$256.97M
HON:
$13.58B
CARE:
$142.80M
HON:
$6.55B
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Return for Risk
CARE vs. HON — Risk / Return Rank
CARE
HON
CARE vs. HON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carter Bankshares, Inc. (CARE) and Honeywell International Inc (HON). 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 | HON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.79 | ||
| Sortino ratioReturn per unit of downside risk | +3.29 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.06 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 5.06 | 0.34 | +4.72 |
| Martin ratioReturn relative to average drawdown | 14.55 | 0.59 | +13.96 |
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Drawdowns
CARE vs. HON - Drawdown Comparison
The maximum CARE drawdown since its inception was -73.17%, roughly equal to the maximum HON drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for CARE and HON.
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Drawdown Indicators
| CARE | HON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.17% | -70.09% | -3.08% |
Max Drawdown (1Y)Largest decline over 1 year | -15.83% | -16.54% | +0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -35.75% | -22.10% | -13.65% |
Max Drawdown (5Y)Largest decline over 5 years | -42.95% | -27.13% | -15.82% |
Max Drawdown (10Y)Largest decline over 10 years | -73.17% | -43.01% | -30.16% |
Current DrawdownCurrent decline from peak | 0.00% | -10.69% | +10.69% |
Average DrawdownAverage peak-to-trough decline | -19.46% | -20.28% | +0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 9.68% | -4.18% |
Volatility
CARE vs. HON - Volatility Comparison
The current volatility for Carter Bankshares, Inc. (CARE) is 8.65%, while Honeywell International Inc (HON) has a volatility of 11.56%. This indicates that CARE experiences smaller price fluctuations and is considered to be less risky than HON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CARE | HON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.65% | 11.56% | -2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 18.11% | 18.95% | -0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.45% | 24.12% | +2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.05% | 22.02% | +9.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.81% | 23.64% | +13.17% |
Dividends
CARE vs. HON - Dividend Comparison
CARE's dividend yield for the trailing twelve months is around 0.33%, less than HON's 2.10% 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% |
HON Honeywell International Inc | 2.10% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
Financials
CARE vs. HON - Financials Comparison
This section allows you to compare key financial metrics between Carter Bankshares, Inc. and Honeywell International Inc. 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
CARE and HON have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HON has higher volatility (11.56%) compared to CARE (8.65%). In terms of maximum drawdown, CARE dropped -73.17% vs HON's -70.09%.
CARE currently has the higher Sharpe Ratio (3.03 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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