CARR correlations (Carrier Global)
CARR measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Building Products
Volatility (ann.)
32.6%
3y weekly
Beta vs S&P 500
1.21
3y weekly
1-year return
-11.6%
price, adjusted
5-year return
+8.8%
price, adjusted
Market cap
$48.5B
latest
P/E ratio
42.0
trailing
Dividend yield
1.61%
trailing
Max drawdown
-38.1%
3y, daily closes
CARR over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with CARR
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| TT | Trane Technologies | 0.72 | |
| LII | Lennox International | 0.70 | |
| WSO | Watsco, Inc. | 0.69 | |
| XLI | Industrial Select Sector SPDR Fund | 0.68 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.62 | |
| IR | Ingersoll Rand | 0.61 | |
| DOV | Dover Corporation | 0.60 | |
| VTV | Vanguard Value ETF | 0.60 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.59 | |
| RVT | Royce Small-Cap Trust, Inc. | 0.59 | |
| NFJ | Virtus Dividend, Interest & Premium Strategy Fund | 0.58 | |
| CAT | Caterpillar Inc. | 0.57 | |
| DGRO | iShares Core Dividend Growth ETF | 0.57 | |
| VT | Vanguard Total World Stock ETF | 0.57 | |
| VIG | Vanguard Dividend Appreciation ETF | 0.57 |
Best diversifiers for CARR
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from CARR.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.51 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.49 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.35 | |
| CELC | Celcuity Inc. | -0.22 | |
| BNC | CEA Industries Inc. | -0.21 | |
| EQS | Equus Total Return, Inc. | -0.19 | |
| HAO | Haoxi Health Technology Limited - Class A Ord Share | -0.19 | |
| RCON | Recon Technology, Ltd. - Class A | -0.17 | |
| EJH | E-Home Household Service Holdings Limited | -0.17 | |
| GNPX | Genprex, Inc. | -0.16 |
CARR vs benchmarks
CARR vs its peers
Get CARR data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/carr.jsonCorrelations, diversifiers, beta and volatility for CARR, plus one endpoint per pair. API documentation.
CARR inside major ETFs
| ETF | CARR weight | |
|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 0.81% |
| VYM | Vanguard High Dividend Yield ETF | 0.2% |
| VTV | Vanguard Value ETF | 0.18% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.16% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.15% |
| DGRO | iShares Core Dividend Growth ETF | 0.14% |
| IVV | iShares Core S&P 500 ETF | 0.07% |
| SPY | SPDR S&P 500 ETF Trust | 0.07% |
| VOO | Vanguard S&P 500 ETF | 0.07% |
| VTI | Vanguard Total Stock Market ETF | 0.07% |
