HON vs. CARE
HON (Honeywell International Inc) and CARE (Carter Bankshares, Inc.) are both stocks. HON operates in Conglomerates (Industrials), while CARE operates in Banks - Regional (Financial Services). Over the past 10 years, HON returned 10.02%/yr vs 9.15%/yr for CARE. At a 0.29 correlation, their price movements are largely independent.
Performance
HON vs. CARE - Performance Comparison
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Returns By Period
In the year-to-date period, HON achieves a 14.11% return, which is significantly lower than CARE's 52.54% return. Over the past 10 years, HON has outperformed CARE with an annualized return of 10.02%, while CARE has yielded a comparatively lower 9.15% annualized return.
HON
- 1D
- 0.54%
- 1M
- 1.63%
- YTD
- 14.11%
- 6M
- 14.95%
- 1Y
- 5.66%
- 3Y*
- 7.43%
- 5Y*
- 2.86%
- 10Y*
- 10.02%
CARE
- 1D
- 1.07%
- 1M
- 12.31%
- YTD
- 52.54%
- 6M
- 50.09%
- 1Y
- 79.68%
- 3Y*
- 23.55%
- 5Y*
- 16.01%
- 10Y*
- 9.15%
HON vs. CARE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 14.11% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
CARE Carter Bankshares, Inc. | 52.54% | 11.77% | 17.50% | -9.76% | 7.80% | 43.56% | -54.48% | 58.13% | -14.53% | 32.05% |
Correlation
The correlation between HON and CARE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2012 | 0.29 |
The correlation between HON and CARE shifts across timeframes, from 0.29 (all time) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HON:
$140.65B
CARE:
$652.68M
HON:
$6.42
CARE:
$4.87
HON:
34.34
CARE:
6.13
HON:
3.83
CARE:
2.07
HON:
6.60
CARE:
1.29
HON:
$36.76B
CARE:
$319.93M
HON:
$13.58B
CARE:
$256.97M
HON:
$6.55B
CARE:
$142.80M
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Return for Risk
HON vs. CARE — Risk / Return Rank
HON
CARE
HON vs. CARE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Honeywell International Inc (HON) and Carter Bankshares, Inc. (CARE). 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.
| HON | CARE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.79 | ||
| Sortino ratioReturn per unit of downside risk | -3.29 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.53 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 5.06 | -4.72 |
| Martin ratioReturn relative to average drawdown | 0.59 | 14.55 | -13.96 |
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Drawdowns
HON vs. CARE - Drawdown Comparison
The maximum HON drawdown since its inception was -70.09%, roughly equal to the maximum CARE drawdown of -73.17%. Use the drawdown chart below to compare losses from any high point for HON and CARE.
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Drawdown Indicators
| HON | CARE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.09% | -73.17% | +3.08% |
Max Drawdown (1Y)Largest decline over 1 year | -16.54% | -15.83% | -0.71% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -35.75% | +13.65% |
Max Drawdown (5Y)Largest decline over 5 years | -27.13% | -42.95% | +15.82% |
Max Drawdown (10Y)Largest decline over 10 years | -43.01% | -73.17% | +30.16% |
Current DrawdownCurrent decline from peak | -10.69% | 0.00% | -10.69% |
Average DrawdownAverage peak-to-trough decline | -20.28% | -19.46% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.68% | 5.50% | +4.18% |
Volatility
HON vs. CARE - Volatility Comparison
Honeywell International Inc (HON) has a higher volatility of 11.56% compared to Carter Bankshares, Inc. (CARE) at 8.65%. This indicates that HON's price experiences larger fluctuations and is considered to be riskier than CARE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HON | CARE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.56% | 8.65% | +2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 18.95% | 18.11% | +0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.12% | 26.45% | -2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.02% | 31.05% | -9.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.64% | 36.81% | -13.17% |
Dividends
HON vs. CARE - Dividend Comparison
HON's dividend yield for the trailing twelve months is around 2.10%, more than CARE's 0.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CARE Carter Bankshares, Inc. | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.31% | 0.00% | 0.00% | 0.00% | 2.26% | 2.96% |
HON Honeywell International Inc | 2.10% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
Financials
HON vs. CARE - Financials Comparison
This section allows you to compare key financial metrics between Honeywell International Inc and Carter Bankshares, 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
HON and CARE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HON has higher volatility (11.56%) compared to CARE (8.65%). In terms of maximum drawdown, HON dropped -70.09% vs CARE's -73.17%.
CARE currently has the higher Sharpe Ratio (3.03 vs 0.24), 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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