CARR vs. IUSG
CARR (Carrier Global Corporation) is a stock, while IUSG (iShares Core S&P U.S. Growth ETF) is Large Cap Growth Equities fund tracking the Russell 3000 Growth Index. Over the past 5 years, CARR returned 9.95%/yr vs 15.67%/yr for IUSG. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
CARR vs. IUSG - Performance Comparison
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Returns By Period
In the year-to-date period, CARR achieves a 30.73% return, which is significantly higher than IUSG's 14.00% return.
CARR
- 1D
- 1.42%
- 1M
- 6.79%
- YTD
- 30.73%
- 6M
- 26.75%
- 1Y
- -2.28%
- 3Y*
- 18.36%
- 5Y*
- 9.95%
- 10Y*
- —
IUSG
- 1D
- -0.07%
- 1M
- 6.40%
- YTD
- 14.00%
- 6M
- 13.31%
- 1Y
- 33.47%
- 3Y*
- 27.62%
- 5Y*
- 15.67%
- 10Y*
- 17.82%
CARR vs. IUSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CARR Carrier Global Corporation | 30.73% | -21.57% | 20.26% | 41.47% | -22.68% | 45.31% | 124.99% |
IUSG iShares Core S&P U.S. Growth ETF | 14.00% | 21.23% | 34.70% | 29.28% | -28.81% | 31.26% | 62.45% |
Correlation
The correlation between CARR and IUSG is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2020 | 0.53 |
The correlation between CARR and IUSG shifts across timeframes, from 0.33 (1 year) to 0.56 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CARR vs. IUSG — Risk / Return Rank
CARR
IUSG
CARR vs. IUSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carrier Global Corporation (CARR) and iShares Core S&P U.S. Growth ETF (IUSG). 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.
| CARR | IUSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 2.57 | -2.63 |
| Martin ratioReturn relative to average drawdown | -0.10 | 10.95 | -11.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CARR | IUSG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | 2.14 | -2.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.75 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.38 | +0.43 |
Drawdowns
CARR vs. IUSG - Drawdown Comparison
The maximum CARR drawdown since its inception was -40.82%, smaller than the maximum IUSG drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for CARR and IUSG.
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Drawdown Indicators
| CARR | IUSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.82% | -63.41% | +22.59% |
Max Drawdown (1Y)Largest decline over 1 year | -37.38% | -13.07% | -24.31% |
Max Drawdown (3Y)Largest decline over 3 years | -37.91% | -22.28% | -15.63% |
Max Drawdown (5Y)Largest decline over 5 years | -40.82% | -32.21% | -8.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.35% | — |
Current DrawdownCurrent decline from peak | -14.83% | -1.05% | -13.78% |
Average DrawdownAverage peak-to-trough decline | -14.22% | -21.44% | +7.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.00% | 3.06% | +20.94% |
Volatility
CARR vs. IUSG - Volatility Comparison
Carrier Global Corporation (CARR) has a higher volatility of 10.79% compared to iShares Core S&P U.S. Growth ETF (IUSG) at 4.22%. This indicates that CARR's price experiences larger fluctuations and is considered to be riskier than IUSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CARR | IUSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.79% | 4.22% | +6.57% |
Volatility (6M)Calculated over the trailing 6-month period | 26.67% | 12.23% | +14.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.39% | 15.71% | +18.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.71% | 20.86% | +10.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.50% | 20.40% | +13.10% |
Dividends
CARR vs. IUSG - Dividend Comparison
CARR's dividend yield for the trailing twelve months is around 1.69%, more than IUSG's 0.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARR Carrier Global Corporation | 1.69% | 1.70% | 1.16% | 1.30% | 1.54% | 0.94% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IUSG iShares Core S&P U.S. Growth ETF | 0.47% | 0.53% | 0.59% | 1.12% | 1.07% | 0.59% | 0.93% | 1.64% | 1.32% | 1.28% | 1.48% | 1.29% |
Frequently Asked Questions
CARR and IUSG have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CARR has higher volatility (10.79%) compared to IUSG (4.22%). In terms of maximum drawdown, CARR dropped -40.82% vs IUSG's -63.41%.
IUSG currently has the higher Sharpe Ratio (2.14 vs -0.07), 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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