GXO vs. RXO

Last updated Jun 3, 2026

GXO (GXO Logistics, Inc.) and RXO (RXO Inc.) are both stocks. Both are in the Industrials sector — GXO in Specialty Business Services, RXO in Trucking. Over the past 3 years, GXO returned -5.78%/yr vs 7.00%/yr for RXO. At a 0.49 correlation, their price movements are largely independent.

Performance

GXO vs. RXO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GXO Logistics, Inc. (GXO) and RXO Inc. (RXO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXO achieves a -5.89% return, which is significantly lower than RXO's 113.21% return.

GXO

• 1D: -0.92%
• 1M: -11.88%
• YTD: -5.89%
• 6M: -2.81%
• 1Y: 22.14%
• 3Y*: -5.78%
• 5Y*: —
• 10Y*: —

RXO

• 1D: 0.30%
• 1M: 37.57%
• YTD: 113.21%
• 6M: 100.22%
• 1Y: 77.30%
• 3Y*: 7.00%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GXO vs. RXO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GXO GXO Logistics, Inc.	-5.89%	21.01%	-28.88%	43.27%	16.45%
RXO RXO Inc.	113.21%	-46.98%	2.49%	35.23%	-18.10%

Correlation

The correlation between GXO and RXO is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since Oct 28, 2022	0.49

The correlation between GXO and RXO has been stable across timeframes, ranging from 0.49 to 0.52 - a consistent structural relationship.

Fundamentals

Market Cap GXO : $5.74B RXO : $4.56B
EPS GXO : $1.11 RXO : -$0.41
PS Ratio GXO : 0.56 RXO : 1.05
PB Ratio GXO : 1.93K RXO : 3.02K
Total Revenue (TTM) GXO : $10.20B RXO : $4.31B
Gross Profit (TTM) GXO : $1.34B RXO : $753.00M
EBITDA (TTM) GXO : $655.10M RXO : $1.99M

Return for Risk

GXO vs. RXO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GXO

GXO Risk / Return Rank: 56
GXO Sharpe Ratio Rank: 59
GXO Sortino Ratio Rank: 54
GXO Omega Ratio Rank: 55
GXO Calmar Ratio Rank: 55
GXO Martin Ratio Rank: 58

RXO

RXO Risk / Return Rank: 70
RXO Sharpe Ratio Rank: 72
RXO Sortino Ratio Rank: 68
RXO Omega Ratio Rank: 70
RXO Calmar Ratio Rank: 71
RXO Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GXO vs. RXO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GXO Logistics, Inc. (GXO) and RXO Inc. (RXO). 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.

	GXO	RXO	Difference
Sharpe ratio Return per unit of total volatility	0.56	1.08	-0.51
Sortino ratio Return per unit of downside risk	1.02	1.66	-0.63
Omega ratio Gain probability vs. loss probability	1.14	1.23	-0.09
Calmar ratio Return relative to maximum drawdown	0.67	1.71	-1.04
Martin ratio Return relative to average drawdown	1.85	4.23	-2.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GXO vs. RXO - Sharpe Ratio Comparison

The current GXO Sharpe Ratio is 0.56, which is lower than the RXO Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of GXO and RXO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GXO	RXO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	1.08	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.13	-0.17

Drawdowns

GXO vs. RXO - Drawdown Comparison

The maximum GXO drawdown since its inception was -69.56%, roughly equal to the maximum RXO drawdown of -67.15%. Use the drawdown chart below to compare losses from any high point for GXO and RXO.

Drawdown Indicators

	GXO	RXO	Difference
Max Drawdown Largest peak-to-trough decline	-69.56%	-67.15%	-2.41%
Max Drawdown (1Y) Largest decline over 1 year	-30.60%	-43.07%	+12.47%
Max Drawdown (3Y) Largest decline over 3 years	-52.99%	-67.15%	+14.16%
Current Drawdown Current decline from peak	-52.17%	-15.52%	-36.65%
Average Drawdown Average peak-to-trough decline	-45.06%	-26.13%	-18.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.01%	17.37%	-6.36%

Volatility

GXO vs. RXO - Volatility Comparison

The current volatility for GXO Logistics, Inc. (GXO) is 23.54%, while RXO Inc. (RXO) has a volatility of 31.69%. This indicates that GXO experiences smaller price fluctuations and is considered to be less risky than RXO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GXO	RXO	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.54%	31.69%	-8.15%
Volatility (6M) Calculated over the trailing 6-month period	32.29%	53.92%	-21.63%
Volatility (1Y) Calculated over the trailing 1-year period	39.53%	72.17%	-32.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.55%	56.72%	-13.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.55%	56.72%	-13.17%

Dividends

GXO vs. RXO - Dividend Comparison

Neither GXO nor RXO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

GXO vs. RXO - Profitability Comparison

The chart below illustrates the profitability comparison between GXO Logistics, Inc. and RXO Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

GXO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GXO Logistics, Inc. reported a gross profit of 0.00 and revenue of 3.30M. Therefore, the gross margin over that period was 0.0%.

RXO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, RXO Inc. reported a gross profit of 0.00 and revenue of 1.43M. Therefore, the gross margin over that period was 0.0%.

GXO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GXO Logistics, Inc. reported an operating income of 39.00K and revenue of 3.30M, resulting in an operating margin of 1.2%.

RXO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, RXO Inc. reported an operating income of -49.00K and revenue of 1.43M, resulting in an operating margin of -3.4%.

GXO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GXO Logistics, Inc. reported a net income of 29.00K and revenue of 3.30M, resulting in a net margin of 0.9%.

RXO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, RXO Inc. reported a net income of -36.00K and revenue of 1.43M, resulting in a net margin of -2.5%.

Frequently Asked Questions

Can I hold both GXO and RXO in my portfolio?

GXO and RXO have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GXO or RXO?

RXO has higher volatility (31.69%) compared to GXO (23.54%). In terms of maximum drawdown, GXO dropped -69.56% vs RXO's -67.15%.

Which has better risk-adjusted returns?

RXO currently has the higher Sharpe Ratio (1.08 vs 0.56), 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.