CARR vs. TT
Compare and contrast key facts about Carrier Global Corporation (CARR) and Trane Technologies plc (TT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CARR or TT.
Correlation
The correlation between CARR and TT is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CARR vs. TT - Performance Comparison
Key characteristics
CARR:
0.88
TT:
1.26
CARR:
1.38
TT:
1.68
CARR:
1.17
TT:
1.23
CARR:
1.09
TT:
1.96
CARR:
2.78
TT:
5.61
CARR:
9.09%
TT:
5.31%
CARR:
28.76%
TT:
23.78%
CARR:
-40.82%
TT:
-77.92%
CARR:
-19.53%
TT:
-15.17%
Fundamentals
CARR:
$57.42B
TT:
$79.59B
CARR:
$1.22
TT:
$11.35
CARR:
54.20
TT:
31.26
CARR:
447.70
TT:
2.78
CARR:
$24.00B
TT:
$19.84B
CARR:
$6.62B
TT:
$7.08B
CARR:
$4.15B
TT:
$3.87B
Returns By Period
In the year-to-date period, CARR achieves a -3.12% return, which is significantly higher than TT's -3.93% return.
CARR
-3.12%
-5.57%
-6.63%
24.29%
N/A
N/A
TT
-3.93%
-11.19%
1.00%
26.98%
27.69%
23.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CARR vs. TT — Risk-Adjusted Performance Rank
CARR
TT
CARR vs. TT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Carrier Global Corporation (CARR) and Trane Technologies plc (TT). 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.
Dividends
CARR vs. TT - Dividend Comparison
CARR's dividend yield for the trailing twelve months is around 1.20%, more than TT's 0.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARR Carrier Global Corporation | 1.20% | 1.16% | 1.30% | 1.54% | 0.94% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TT Trane Technologies plc | 0.95% | 0.91% | 1.23% | 1.59% | 1.17% | 1.46% | 1.59% | 2.15% | 1.91% | 1.81% | 2.10% | 1.58% |
Drawdowns
CARR vs. TT - Drawdown Comparison
The maximum CARR drawdown since its inception was -40.82%, smaller than the maximum TT drawdown of -77.92%. Use the drawdown chart below to compare losses from any high point for CARR and TT. For additional features, visit the drawdowns tool.
Volatility
CARR vs. TT - Volatility Comparison
Carrier Global Corporation (CARR) and Trane Technologies plc (TT) have volatilities of 9.44% and 9.89%, 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.
Financials
CARR vs. TT - Financials Comparison
This section allows you to compare key financial metrics between Carrier Global Corporation and Trane Technologies plc. 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