CARG vs. SSB
CARG (CarGurus, Inc.) and SSB (SouthState Corporation) are both stocks. CARG operates in Internet Content & Information (Communication Services), while SSB operates in Banks - Regional (Financial Services). Over the past 5 years, CARG returned 2.00%/yr vs 5.72%/yr for SSB. At a 0.30 correlation, their price movements are largely independent.
Performance
CARG vs. SSB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CARG achieves a -21.56% return, which is significantly lower than SSB's 4.44% return.
CARG
- 1D
- 0.20%
- 1M
- 6.52%
- YTD
- -21.56%
- 6M
- -22.71%
- 1Y
- -6.29%
- 3Y*
- 13.43%
- 5Y*
- 2.00%
- 10Y*
- —
SSB
- 1D
- 0.62%
- 1M
- 2.67%
- YTD
- 4.44%
- 6M
- 1.20%
- 1Y
- 15.86%
- 3Y*
- 17.61%
- 5Y*
- 5.72%
- 10Y*
- 6.30%
CARG vs. SSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CARG CarGurus, Inc. | -21.56% | 4.95% | 51.24% | 72.45% | -58.35% | 6.02% | -9.81% | 4.30% | 12.51% | 3.38% |
SSB SouthState Corporation | 4.44% | -3.05% | 20.66% | 13.79% | -2.39% | 13.51% | -14.13% | 47.99% | -30.04% | -5.43% |
Correlation
The correlation between CARG and SSB is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2017 | 0.30 |
The correlation between CARG and SSB shifts across timeframes, from 0.26 (1 year) to 0.38 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
CARG:
$2.86B
SSB:
$9.61B
CARG:
$1.52
SSB:
$9.28
CARG:
19.76
SSB:
10.46
CARG:
0.11
SSB:
2.47
CARG:
3.08
SSB:
2.66
CARG:
12.06
SSB:
1.06
CARG:
$957.38M
SSB:
$3.68B
CARG:
$860.45M
SSB:
$2.04B
CARG:
$251.92M
SSB:
$1.11B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CARG vs. SSB — Risk / Return Rank
CARG
SSB
CARG vs. SSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CarGurus, Inc. (CARG) and SouthState Corporation (SSB). 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.
| CARG | SSB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.13 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 0.89 | -1.10 |
| Martin ratioReturn relative to average drawdown | -0.46 | 1.78 | -2.24 |
Loading charts...
Drawdowns
CARG vs. SSB - Drawdown Comparison
The maximum CARG drawdown since its inception was -78.66%, which is greater than SSB's maximum drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for CARG and SSB.
Loading charts...
Drawdown Indicators
| CARG | SSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.66% | -58.21% | -20.45% |
Max Drawdown (1Y)Largest decline over 1 year | -30.92% | -17.84% | -13.08% |
Max Drawdown (3Y)Largest decline over 3 years | -37.88% | -27.64% | -10.24% |
Max Drawdown (5Y)Largest decline over 5 years | -75.38% | -32.70% | -42.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.57% | — |
Current DrawdownCurrent decline from peak | -46.20% | -10.01% | -36.19% |
Average DrawdownAverage peak-to-trough decline | -44.06% | -15.36% | -28.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.59% | 8.93% | +4.66% |
Volatility
CARG vs. SSB - Volatility Comparison
CarGurus, Inc. (CARG) has a higher volatility of 12.99% compared to SouthState Corporation (SSB) at 6.11%. This indicates that CARG's price experiences larger fluctuations and is considered to be riskier than SSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CARG | SSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.99% | 6.11% | +6.88% |
Volatility (6M)Calculated over the trailing 6-month period | 29.85% | 16.76% | +13.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.75% | 24.89% | +11.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.51% | 31.61% | +18.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.65% | 34.52% | +16.13% |
Dividends
CARG vs. SSB - Dividend Comparison
CARG has not paid dividends to shareholders, while SSB's dividend yield for the trailing twelve months is around 2.47%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARG CarGurus, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSB SouthState Corporation | 2.47% | 2.42% | 2.13% | 2.42% | 2.59% | 2.40% | 2.60% | 1.93% | 2.30% | 1.51% | 1.38% | 1.36% |
Financials
CARG vs. SSB - Financials Comparison
This section allows you to compare key financial metrics between CarGurus, Inc. and SouthState 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
CARG vs. SSB - Profitability Comparison
CARG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported a gross profit of 224.62M and revenue of 243.56M. Therefore, the gross margin over that period was 92.2%.
SSB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SouthState Corporation reported a gross profit of 0.00 and revenue of 816.83M. Therefore, the gross margin over that period was 0.0%.
CARG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported an operating income of 40.08M and revenue of 243.56M, resulting in an operating margin of 16.5%.
SSB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SouthState Corporation reported an operating income of 100.10M and revenue of 816.83M, resulting in an operating margin of 12.3%.
CARG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported a net income of 32.23M and revenue of 243.56M, resulting in a net margin of 13.2%.
SSB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SouthState Corporation reported a net income of 225.82M and revenue of 816.83M, resulting in a net margin of 27.7%.
Frequently Asked Questions
CARG and SSB have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CARG has higher volatility (12.99%) compared to SSB (6.11%). In terms of maximum drawdown, CARG dropped -78.66% vs SSB's -58.21%.
SSB currently has the higher Sharpe Ratio (0.64 vs -0.17), 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.
Find the right allocation for CARG and SSB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer