DEO vs. RTX
DEO (Diageo plc) and RTX (RTX Corporation) are both stocks. DEO operates in Beverages - Wineries & Distilleries (Consumer Defensive), while RTX operates in Aerospace & Defense (Industrials). Over the past 10 years, DEO returned 0.50%/yr vs 15.68%/yr for RTX. At a 0.31 correlation, their price movements are largely independent.
Performance
DEO vs. RTX - Performance Comparison
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Returns By Period
In the year-to-date period, DEO achieves a -4.24% return, which is significantly lower than RTX's 0.82% return. Over the past 10 years, DEO has underperformed RTX with an annualized return of 0.50%, while RTX has yielded a comparatively higher 15.68% annualized return.
DEO
- 1D
- 0.83%
- 1M
- 0.12%
- YTD
- -4.24%
- 6M
- -7.27%
- 1Y
- -19.48%
- 3Y*
- -19.42%
- 5Y*
- -13.55%
- 10Y*
- 0.50%
RTX
- 1D
- -0.37%
- 1M
- 7.66%
- YTD
- 0.82%
- 6M
- 3.50%
- 1Y
- 27.98%
- 3Y*
- 25.18%
- 5Y*
- 18.20%
- 10Y*
- 15.68%
DEO vs. RTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | -4.24% | -29.31% | -10.09% | -16.28% | -17.40% | 41.72% | -3.26% | 21.39% | -0.43% | 44.13% |
RTX RTX Corporation | 0.82% | 61.44% | 40.76% | -14.44% | 20.01% | 23.27% | -7.70% | 43.82% | -14.66% | 19.13% |
Correlation
The correlation between DEO and RTX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since May 13, 1996 | 0.31 |
Over the past year, the correlation between DEO and RTX has dropped to 0.09 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
Fundamentals
DEO:
$45.62B
RTX:
$250.45B
DEO:
£9.85
RTX:
$5.34
DEO:
6.19
RTX:
34.39
DEO:
1.78
RTX:
1.37
DEO:
0.91
RTX:
2.76
DEO:
3.95
RTX:
3.78
DEO:
£37.37B
RTX:
$90.37B
DEO:
£22.42B
RTX:
$18.27B
DEO:
£10.72B
RTX:
$13.81B
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Return for Risk
DEO vs. RTX — Risk / Return Rank
DEO
RTX
DEO vs. RTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Diageo plc (DEO) and RTX 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.
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.
| DEO | RTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.76 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.25 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 1.68 | -2.27 |
| Martin ratioReturn relative to average drawdown | -1.05 | 4.55 | -5.61 |
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Drawdowns
DEO vs. RTX - Drawdown Comparison
The maximum DEO drawdown since its inception was -63.41%, which is greater than RTX's maximum drawdown of -55.14%. Use the drawdown chart below to compare losses from any high point for DEO and RTX.
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Drawdown Indicators
| DEO | RTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.41% | -55.14% | -8.27% |
Max Drawdown (1Y)Largest decline over 1 year | -35.52% | -19.32% | -16.20% |
Max Drawdown (3Y)Largest decline over 3 years | -56.07% | -29.48% | -26.59% |
Max Drawdown (5Y)Largest decline over 5 years | -63.41% | -32.84% | -30.57% |
Max Drawdown (10Y)Largest decline over 10 years | -63.41% | -51.98% | -11.43% |
Current DrawdownCurrent decline from peak | -58.28% | -13.13% | -45.15% |
Average DrawdownAverage peak-to-trough decline | -13.02% | -13.03% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.98% | 7.10% | +12.88% |
Volatility
DEO vs. RTX - Volatility Comparison
The current volatility for Diageo plc (DEO) is 6.98%, while RTX Corporation (RTX) has a volatility of 8.72%. This indicates that DEO experiences smaller price fluctuations and is considered to be less risky 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
| DEO | RTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.98% | 8.72% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 26.52% | 18.40% | +8.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.17% | 24.26% | +7.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.74% | 23.94% | +0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.39% | 27.77% | -4.38% |
Dividends
DEO vs. RTX - Dividend Comparison
DEO's dividend yield for the trailing twelve months is around 4.06%, more than RTX's 1.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | 4.06% | 4.80% | 3.26% | 2.77% | 2.16% | 1.82% | 2.29% | 2.07% | 2.51% | 2.18% | 3.00% | 3.13% |
RTX RTX Corporation | 1.51% | 1.46% | 2.14% | 2.76% | 2.14% | 2.33% | 21.21% | 1.96% | 2.66% | 2.13% | 2.39% | 2.66% |
Financials
DEO vs. RTX - Financials Comparison
This section allows you to compare key financial metrics between Diageo plc and RTX 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
DEO vs. RTX - Profitability Comparison
DEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Diageo plc reported a gross profit of 4.72B and revenue of 7.73B. Therefore, the gross margin over that period was 61.0%.
RTX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, RTX Corporation reported a gross profit of 4.59B and revenue of 22.08B. Therefore, the gross margin over that period was 20.8%.
DEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Diageo plc reported an operating income of 2.41B and revenue of 7.73B, resulting in an operating margin of 31.1%.
RTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, RTX Corporation reported an operating income of 2.56B and revenue of 22.08B, resulting in an operating margin of 11.6%.
DEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Diageo plc reported a net income of 1.48B and revenue of 7.73B, resulting in a net margin of 19.1%.
RTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, RTX Corporation reported a net income of 2.06B and revenue of 22.08B, resulting in a net margin of 9.3%.
Frequently Asked Questions
DEO and RTX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RTX has higher volatility (8.72%) compared to DEO (6.98%). In terms of maximum drawdown, DEO dropped -63.41% vs RTX's -55.14%.
RTX currently has the higher Sharpe Ratio (1.34 vs -0.66), 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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