MIELY vs. CARR
MIELY (Mitsubishi Electric Corp ADR) and CARR (Carrier Global Corporation) are both stocks. Both are in the Industrials sector — MIELY in Electrical Equipment & Parts, CARR in Building Products & Equipment. Over the past 5 years, MIELY returned 18.45%/yr vs 9.64%/yr for CARR. At a 0.28 correlation, their price movements are largely independent.
Performance
MIELY vs. CARR - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with MIELY having a 30.02% return and CARR slightly lower at 28.90%.
MIELY
- 1D
- -1.33%
- 1M
- -1.76%
- YTD
- 30.02%
- 6M
- 35.35%
- 1Y
- 80.41%
- 3Y*
- 40.88%
- 5Y*
- 18.45%
- 10Y*
- 12.69%
CARR
- 1D
- 1.75%
- 1M
- 2.56%
- YTD
- 28.90%
- 6M
- 24.70%
- 1Y
- -2.85%
- 3Y*
- 17.59%
- 5Y*
- 9.64%
- 10Y*
- —
MIELY vs. CARR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MIELY Mitsubishi Electric Corp ADR | 30.02% | 73.08% | 21.33% | 42.15% | -22.04% | -16.17% | 32.36% |
CARR Carrier Global Corporation | 28.90% | -21.57% | 20.26% | 41.47% | -22.68% | 45.31% | 124.99% |
Correlation
The correlation between MIELY and CARR is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
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 6, 2020 | 0.28 |
Fundamentals
MIELY:
$75.88B
CARR:
$56.96B
MIELY:
$421.28
CARR:
$1.55
MIELY:
0.18
CARR:
43.73
MIELY:
0.01
CARR:
0.64
MIELY:
0.01
CARR:
2.64
MIELY:
0.02
CARR:
4.13
MIELY:
$5.95T
CARR:
$21.87B
MIELY:
$1.97T
CARR:
$5.43B
MIELY:
$639.91B
CARR:
$3.15B
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Return for Risk
MIELY vs. CARR — Risk / Return Rank
MIELY
CARR
MIELY vs. CARR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mitsubishi Electric Corp ADR (MIELY) 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.
| MIELY | CARR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.29 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.02 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 4.24 | -0.08 | +4.31 |
| Martin ratioReturn relative to average drawdown | 14.99 | -0.12 | +15.10 |
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
| MIELY | CARR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | -0.08 | +2.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.31 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.81 | -0.84 |
Drawdowns
MIELY vs. CARR - Drawdown Comparison
The maximum MIELY drawdown since its inception was -89.09%, which is greater than CARR's maximum drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for MIELY and CARR.
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Drawdown Indicators
| MIELY | CARR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.09% | -40.82% | -48.27% |
Max Drawdown (1Y)Largest decline over 1 year | -19.08% | -37.38% | +18.30% |
Max Drawdown (3Y)Largest decline over 3 years | -24.66% | -37.91% | +13.25% |
Max Drawdown (5Y)Largest decline over 5 years | -47.41% | -40.82% | -6.59% |
Max Drawdown (10Y)Largest decline over 10 years | -55.76% | — | — |
Current DrawdownCurrent decline from peak | -38.33% | -16.03% | -22.30% |
Average DrawdownAverage peak-to-trough decline | -69.48% | -14.22% | -55.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.39% | 23.99% | -18.60% |
Volatility
MIELY vs. CARR - Volatility Comparison
Mitsubishi Electric Corp ADR (MIELY) has a higher volatility of 12.80% compared to Carrier Global Corporation (CARR) at 11.11%. This indicates that MIELY's price experiences larger fluctuations and is considered to be riskier 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
| MIELY | CARR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.80% | 11.11% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 29.82% | 26.66% | +3.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.63% | 34.37% | +2.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.31% | 31.71% | -0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.07% | 33.51% | -4.44% |
Dividends
MIELY vs. CARR - Dividend Comparison
MIELY has not paid dividends to shareholders, while CARR's dividend yield for the trailing twelve months is around 1.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CARR Carrier Global Corporation | 1.71% | 1.70% | 1.16% | 1.30% | 1.54% | 0.94% | 0.74% | 0.00% | 0.00% | 0.00% | 0.00% |
MIELY Mitsubishi Electric Corp ADR | 0.00% | 0.72% | 0.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.98% | 1.76% |
Financials
MIELY vs. CARR - Financials Comparison
This section allows you to compare key financial metrics between Mitsubishi Electric Corp ADR 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
MIELY vs. CARR - Profitability Comparison
MIELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported a gross profit of 569.69B and revenue of 1.77T. Therefore, the gross margin over that period was 32.2%.
CARR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported a gross profit of 1.24B and revenue of 5.34B. Therefore, the gross margin over that period was 23.3%.
MIELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported an operating income of 161.29B and revenue of 1.77T, resulting in an operating margin of 9.1%.
CARR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported an operating income of 259.00M and revenue of 5.34B, resulting in an operating margin of 4.9%.
MIELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mitsubishi Electric Corp ADR reported a net income of 132.06B and revenue of 1.77T, resulting in a net margin of 7.5%.
CARR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carrier Global Corporation reported a net income of 238.00M and revenue of 5.34B, resulting in a net margin of 4.5%.
Frequently Asked Questions
MIELY and CARR have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIELY has higher volatility (12.80%) compared to CARR (11.11%). In terms of maximum drawdown, MIELY dropped -89.09% vs CARR's -40.82%.
MIELY currently has the higher Sharpe Ratio (2.21 vs -0.08), 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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