CARR vs. EDIT
CARR (Carrier Global Corporation) and EDIT (Editas Medicine, Inc.) are both stocks. CARR operates in Building Products & Equipment (Industrials), while EDIT operates in Biotechnology (Healthcare). Over the past 5 years, CARR returned 10.28%/yr vs -41.79%/yr for EDIT. At a 0.28 correlation, their price movements are largely independent.
Performance
CARR vs. EDIT - Performance Comparison
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Returns By Period
In the year-to-date period, CARR achieves a 33.35% return, which is significantly higher than EDIT's 21.95% return.
CARR
- 1D
- 0.24%
- 1M
- 8.10%
- YTD
- 33.35%
- 6M
- 33.09%
- 1Y
- -0.12%
- 3Y*
- 16.03%
- 5Y*
- 10.28%
- 10Y*
- —
EDIT
- 1D
- 2.46%
- 1M
- -4.58%
- YTD
- 21.95%
- 6M
- -1.19%
- 1Y
- 26.90%
- 3Y*
- -39.82%
- 5Y*
- -41.79%
- 10Y*
- -22.22%
CARR vs. EDIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CARR Carrier Global Corporation | 33.35% | -21.57% | 20.26% | 41.47% | -22.68% | 45.31% | 176.86% |
EDIT Editas Medicine, Inc. | 21.95% | 61.42% | -87.46% | 14.21% | -66.59% | -62.13% | 250.90% |
Correlation
The correlation between CARR and EDIT is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2020 | 0.28 |
Fundamentals
CARR:
$58.92B
EDIT:
$244.70M
CARR:
$1.55
EDIT:
-$1.21
CARR:
2.73
EDIT:
6.29
CARR:
4.27
EDIT:
55.51
CARR:
$21.87B
EDIT:
$35.86M
CARR:
$5.43B
EDIT:
$35.86M
CARR:
$3.15B
EDIT:
-$76.66M
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Return for Risk
CARR vs. EDIT — Risk / Return Rank
CARR
EDIT
CARR vs. EDIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carrier Global Corporation (CARR) and Editas Medicine, Inc. (EDIT). 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.
| CARR | EDIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.11 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 0.25 | -0.30 |
| Martin ratioReturn relative to average drawdown | -0.08 | 0.43 | -0.51 |
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Drawdowns
CARR vs. EDIT - Drawdown Comparison
The maximum CARR drawdown since its inception was -40.82%, smaller than the maximum EDIT drawdown of -98.92%. Use the drawdown chart below to compare losses from any high point for CARR and EDIT.
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Drawdown Indicators
| CARR | EDIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.82% | -98.92% | +58.10% |
Max Drawdown (1Y)Largest decline over 1 year | -37.38% | -59.88% | +22.50% |
Max Drawdown (3Y)Largest decline over 3 years | -37.91% | -91.18% | +53.27% |
Max Drawdown (5Y)Largest decline over 5 years | -40.82% | -98.66% | +57.84% |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.92% | — |
Current DrawdownCurrent decline from peak | -13.13% | -97.24% | +84.11% |
Average DrawdownAverage peak-to-trough decline | -14.21% | -62.63% | +48.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.10% | 34.03% | -9.93% |
Volatility
CARR vs. EDIT - Volatility Comparison
The current volatility for Carrier Global Corporation (CARR) is 12.13%, while Editas Medicine, Inc. (EDIT) has a volatility of 32.34%. This indicates that CARR experiences smaller price fluctuations and is considered to be less risky than EDIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CARR | EDIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.13% | 32.34% | -20.21% |
Volatility (6M)Calculated over the trailing 6-month period | 27.68% | 61.63% | -33.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.29% | 94.75% | -59.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.90% | 94.12% | -62.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.83% | 83.80% | -48.97% |
Dividends
CARR vs. EDIT - Dividend Comparison
CARR's dividend yield for the trailing twelve months is around 1.65%, while EDIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CARR Carrier Global Corporation | 1.65% | 1.70% | 1.16% | 1.30% | 1.54% | 0.94% | 0.74% |
EDIT Editas Medicine, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CARR vs. EDIT - Financials Comparison
This section allows you to compare key financial metrics between Carrier Global Corporation and Editas Medicine, 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
CARR and EDIT have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDIT has higher volatility (32.34%) compared to CARR (12.13%). In terms of maximum drawdown, CARR dropped -40.82% vs EDIT's -98.92%.
EDIT currently has the higher Sharpe Ratio (0.16 vs -0.05), 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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