CAE vs. RTX
CAE (CAE Inc.) and RTX (Raytheon Technologies Corporation) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, CAE returned 7.74%/yr vs 15.06%/yr for RTX. At a 0.29 correlation, their price movements are largely independent.
Performance
CAE vs. RTX - Performance Comparison
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Returns By Period
In the year-to-date period, CAE achieves a -18.11% return, which is significantly lower than RTX's -5.21% return. Over the past 10 years, CAE has underperformed RTX with an annualized return of 7.74%, while RTX has yielded a comparatively higher 15.06% annualized return.
CAE
- 1D
- -1.77%
- 1M
- -3.56%
- YTD
- -18.11%
- 6M
- -8.35%
- 1Y
- -4.52%
- 3Y*
- 5.13%
- 5Y*
- -4.32%
- 10Y*
- 7.74%
RTX
- 1D
- -0.98%
- 1M
- 0.21%
- YTD
- -5.21%
- 6M
- 3.20%
- 1Y
- 27.49%
- 3Y*
- 24.15%
- 5Y*
- 16.69%
- 10Y*
- 15.06%
CAE vs. RTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAE CAE Inc. | -18.11% | 19.86% | 17.55% | 11.63% | -23.38% | -9.01% | 5.22% | 46.08% | 0.43% | 35.65% |
RTX Raytheon Technologies Corporation | -5.21% | 61.44% | 40.76% | -14.44% | 20.01% | 23.27% | -7.70% | 43.82% | -14.66% | 19.13% |
Correlation
The correlation between CAE and RTX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 1996 | 0.29 |
The correlation between CAE and RTX shifts across timeframes, from 0.29 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CAE:
$8.05B
RTX:
$235.46B
CAE:
$0.97
RTX:
$5.34
CAE:
25.61
RTX:
32.33
CAE:
2.05
RTX:
1.29
CAE:
1.63
RTX:
2.60
CAE:
1.51
RTX:
3.55
CAE:
$4.92B
RTX:
$90.37B
CAE:
$1.39B
RTX:
$18.27B
CAE:
$1.08B
RTX:
$13.81B
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Return for Risk
CAE vs. RTX — Risk / Return Rank
CAE
RTX
CAE vs. RTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CAE Inc. (CAE) and Raytheon Technologies Corporation (RTX). 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.
| CAE | RTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.22 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 1.43 | -1.57 |
| Martin ratioReturn relative to average drawdown | -0.35 | 4.12 | -4.48 |
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
| CAE | RTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.14 | 1.17 | -1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | 0.71 | -0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.55 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.43 | -0.23 |
Drawdowns
CAE vs. RTX - Drawdown Comparison
The maximum CAE drawdown since its inception was -79.29%, which is greater than RTX's maximum drawdown of -55.14%. Use the drawdown chart below to compare losses from any high point for CAE and RTX.
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Drawdown Indicators
| CAE | RTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.29% | -55.14% | -24.15% |
Max Drawdown (1Y)Largest decline over 1 year | -31.98% | -19.32% | -12.66% |
Max Drawdown (3Y)Largest decline over 3 years | -34.58% | -29.92% | -4.66% |
Max Drawdown (5Y)Largest decline over 5 years | -54.98% | -32.84% | -22.14% |
Max Drawdown (10Y)Largest decline over 10 years | -68.01% | -51.98% | -16.03% |
Current DrawdownCurrent decline from peak | -26.84% | -18.33% | -8.51% |
Average DrawdownAverage peak-to-trough decline | -22.94% | -13.03% | -9.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.86% | 6.68% | +6.18% |
Volatility
CAE vs. RTX - Volatility Comparison
CAE Inc. (CAE) has a higher volatility of 17.86% compared to Raytheon Technologies Corporation (RTX) at 6.51%. This indicates that CAE's price experiences larger fluctuations and is considered to be riskier than RTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAE | RTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.86% | 6.51% | +11.35% |
Volatility (6M)Calculated over the trailing 6-month period | 27.22% | 17.45% | +9.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.73% | 23.65% | +8.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.49% | 23.79% | +12.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.42% | 27.71% | +9.71% |
Dividends
CAE vs. RTX - Dividend Comparison
CAE has not paid dividends to shareholders, while RTX's dividend yield for the trailing twelve months is around 1.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAE CAE Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.29% | 1.19% | 1.69% | 1.83% | 2.22% | 2.61% |
RTX Raytheon Technologies Corporation | 1.61% | 1.46% | 2.14% | 2.76% | 2.14% | 2.33% | 21.21% | 1.96% | 2.66% | 2.13% | 2.39% | 2.66% |
Financials
CAE vs. RTX - Financials Comparison
This section allows you to compare key financial metrics between CAE Inc. and Raytheon Technologies 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
CAE vs. RTX - Profitability Comparison
CAE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CAE Inc. reported a gross profit of 402.04M and revenue of 1.33B. Therefore, the gross margin over that period was 30.2%.
RTX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Raytheon Technologies Corporation reported a gross profit of 4.59B and revenue of 22.08B. Therefore, the gross margin over that period was 20.8%.
CAE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CAE Inc. reported an operating income of 202.32M and revenue of 1.33B, resulting in an operating margin of 15.2%.
RTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Raytheon Technologies Corporation reported an operating income of 2.56B and revenue of 22.08B, resulting in an operating margin of 11.6%.
CAE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CAE Inc. reported a net income of 73.29M and revenue of 1.33B, resulting in a net margin of 5.5%.
RTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Raytheon Technologies Corporation reported a net income of 2.06B and revenue of 22.08B, resulting in a net margin of 9.3%.
Frequently Asked Questions
CAE and RTX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAE has higher volatility (17.86%) compared to RTX (6.51%). In terms of maximum drawdown, CAE dropped -79.29% vs RTX's -55.14%.
RTX currently has the higher Sharpe Ratio (1.17 vs -0.14), 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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