CZNC vs. CARR
CZNC (Citizens & Northern Corporation) and CARR (Carrier Global Corporation) are both stocks. CZNC operates in Banks - Regional (Financial Services), while CARR operates in Building Products & Equipment (Industrials). Over the past 5 years, CZNC returned 1.85%/yr vs 9.95%/yr for CARR. At a 0.29 correlation, their price movements are largely independent.
Performance
CZNC vs. CARR - Performance Comparison
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Returns By Period
In the year-to-date period, CZNC achieves a 6.23% return, which is significantly lower than CARR's 30.73% return.
CZNC
- 1D
- 2.60%
- 1M
- -3.86%
- YTD
- 6.23%
- 6M
- 4.52%
- 1Y
- 21.04%
- 3Y*
- 7.91%
- 5Y*
- 1.85%
- 10Y*
- 5.29%
CARR
- 1D
- 1.42%
- 1M
- 6.79%
- YTD
- 30.73%
- 6M
- 26.75%
- 1Y
- -2.28%
- 3Y*
- 18.36%
- 5Y*
- 9.95%
- 10Y*
- —
CZNC vs. CARR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CZNC Citizens & Northern Corporation | 6.23% | 14.89% | -12.21% | 3.67% | -8.40% | 37.98% | 19.31% |
CARR Carrier Global Corporation | 30.73% | -21.57% | 20.26% | 41.47% | -22.68% | 45.31% | 124.99% |
Correlation
The correlation between CZNC and CARR is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2020 | 0.29 |
Fundamentals
CZNC:
$1.44
CARR:
$1.55
CZNC:
14.53
CARR:
44.36
CZNC:
2.17
CARR:
2.68
CZNC:
$116.64M
CARR:
$21.87B
CZNC:
$75.17M
CARR:
$5.43B
CZNC:
$22.06M
CARR:
$3.15B
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Return for Risk
CZNC vs. CARR — Risk / Return Rank
CZNC
CARR
CZNC vs. CARR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Citizens & Northern Corporation (CZNC) and Carrier Global Corporation (CARR). 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.
| CZNC | CARR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.02 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.48 | -0.06 | +1.55 |
| Martin ratioReturn relative to average drawdown | 3.91 | -0.10 | +4.01 |
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
| CZNC | CARR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | -0.07 | +0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.32 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.82 | -0.66 |
Drawdowns
CZNC vs. CARR - Drawdown Comparison
The maximum CZNC drawdown since its inception was -72.50%, which is greater than CARR's maximum drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for CZNC and CARR.
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Drawdown Indicators
| CZNC | CARR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.50% | -40.82% | -31.68% |
Max Drawdown (1Y)Largest decline over 1 year | -14.24% | -37.38% | +23.14% |
Max Drawdown (3Y)Largest decline over 3 years | -26.07% | -37.91% | +11.84% |
Max Drawdown (5Y)Largest decline over 5 years | -34.22% | -40.82% | +6.60% |
Max Drawdown (10Y)Largest decline over 10 years | -44.85% | — | — |
Current DrawdownCurrent decline from peak | -11.49% | -14.83% | +3.34% |
Average DrawdownAverage peak-to-trough decline | -20.53% | -14.22% | -6.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.39% | 24.00% | -18.61% |
Volatility
CZNC vs. CARR - Volatility Comparison
The current volatility for Citizens & Northern Corporation (CZNC) is 6.57%, while Carrier Global Corporation (CARR) has a volatility of 10.79%. This indicates that CZNC experiences smaller price fluctuations and is considered to be less risky than CARR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CZNC | CARR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 10.79% | -4.22% |
Volatility (6M)Calculated over the trailing 6-month period | 17.37% | 26.67% | -9.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.77% | 34.39% | -10.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.16% | 31.71% | -2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.74% | 33.50% | +1.24% |
Dividends
CZNC vs. CARR - Dividend Comparison
CZNC's dividend yield for the trailing twelve months is around 5.36%, more than CARR's 1.69% 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% |
CZNC Citizens & Northern Corporation | 5.36% | 5.55% | 6.02% | 4.99% | 4.90% | 4.25% | 5.44% | 3.82% | 4.09% | 4.33% | 3.97% | 4.95% |
Financials
CZNC vs. CARR - Financials Comparison
This section allows you to compare key financial metrics between Citizens & Northern Corporation and Carrier Global 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
Frequently Asked Questions
CZNC and CARR have a correlation of 0.25, 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 CZNC (6.57%). In terms of maximum drawdown, CZNC dropped -72.50% vs CARR's -40.82%.
CZNC currently has the higher Sharpe Ratio (0.89 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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