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LHX vs. RHM.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

LHX vs. RHM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in L3Harris Technologies, Inc. (LHX) and Rheinmetall AG (RHM.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

LHX is traded in USD, while RHM.DE is traded in EUR. To make them comparable, the RHM.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, LHX achieves a 4.39% return, which is significantly higher than RHM.DE's -26.56% return. Over the past 10 years, LHX has underperformed RHM.DE with an annualized return of 16.18%, while RHM.DE has yielded a comparatively higher 38.39% annualized return.


LHX

1D
-1.18%
1M
0.66%
YTD
4.39%
6M
6.22%
1Y
20.28%
3Y*
18.17%
5Y*
8.64%
10Y*
16.18%

RHM.DE

1D
-4.38%
1M
2.41%
YTD
-26.56%
6M
-24.12%
1Y
-35.07%
3Y*
68.84%
5Y*
68.81%
10Y*
38.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LHX vs. RHM.DE - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LHX
L3Harris Technologies, Inc.
4.39%42.28%1.88%3.67%-0.48%14.98%-2.76%49.21%-3.38%40.80%
RHM.DE
Rheinmetall AG
-26.56%188.18%104.13%61.77%115.57%-9.52%-3.88%32.69%-29.51%92.32%

Correlation

The correlation between LHX and RHM.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.20

Correlation (10Y)
Calculated over the trailing 10-year period

0.20

Correlation (All Time)
Calculated using the full available price history since Jun 5, 2007

0.28

The correlation between LHX and RHM.DE shifts across timeframes, from 0.18 (3 years) to 0.33 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

LHX vs. RHM.DE — Risk / Return Rank

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

LHX
LHX Risk / Return Rank: 6464
Overall Rank
LHX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
LHX Sortino Ratio Rank: 6363
Sortino Ratio Rank
LHX Omega Ratio Rank: 6060
Omega Ratio Rank
LHX Calmar Ratio Rank: 6363
Calmar Ratio Rank
LHX Martin Ratio Rank: 6666
Martin Ratio Rank

RHM.DE
RHM.DE Risk / Return Rank: 1010
Overall Rank
RHM.DE Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
RHM.DE Sortino Ratio Rank: 1212
Sortino Ratio Rank
RHM.DE Omega Ratio Rank: 1414
Omega Ratio Rank
RHM.DE Calmar Ratio Rank: 1111
Calmar Ratio Rank
RHM.DE Martin Ratio Rank: 22
Martin Ratio Rank
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.

LHX vs. RHM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) and Rheinmetall AG (RHM.DE). 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.


LHXRHM.DEDifference
Sharpe ratioReturn per unit of total volatility

+1.60

Sortino ratioReturn per unit of downside risk

+2.24

Omega ratioGain probability vs. loss probability

1.15

0.89

+0.26

Calmar ratioReturn relative to maximum drawdown

0.99

-0.80

+1.79

Martin ratioReturn relative to average drawdown

2.55

-1.73

+4.28

LHX vs. RHM.DE - Sharpe Ratio Comparison

The current LHX Sharpe Ratio is 0.83, which is higher than the RHM.DE Sharpe Ratio of -0.77. The chart below compares the historical Sharpe Ratios of LHX and RHM.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

LHX vs. RHM.DE - Drawdown Comparison

The maximum LHX drawdown since its inception was -69.82%, smaller than the maximum RHM.DE drawdown of -77.87%. Use the drawdown chart below to compare losses from any high point for LHX and RHM.DE.


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Drawdown Indicators


LHXRHM.DEDifference

Max Drawdown

Largest peak-to-trough decline

-69.82%

-77.87%

+8.05%

Max Drawdown (1Y)

Largest decline over 1 year

-20.55%

-43.61%

+23.06%

Max Drawdown (3Y)

Largest decline over 3 years

-25.98%

-43.61%

+17.63%

Max Drawdown (5Y)

Largest decline over 5 years

-38.16%

-43.61%

+5.45%

Max Drawdown (10Y)

Largest decline over 10 years

-38.16%

-66.25%

+28.09%

Current Drawdown

Current decline from peak

-19.03%

-42.25%

+23.22%

Average Drawdown

Average peak-to-trough decline

-21.33%

-23.75%

+2.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.98%

20.27%

-12.29%

Volatility

LHX vs. RHM.DE - Volatility Comparison

The current volatility for L3Harris Technologies, Inc. (LHX) is 7.38%, while Rheinmetall AG (RHM.DE) has a volatility of 12.42%. This indicates that LHX experiences smaller price fluctuations and is considered to be less risky than RHM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


LHXRHM.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.38%

12.42%

-5.04%

Volatility (6M)

Calculated over the trailing 6-month period

19.85%

34.47%

-14.62%

Volatility (1Y)

Calculated over the trailing 1-year period

24.54%

45.69%

-21.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.97%

42.94%

-18.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.46%

38.77%

-13.31%

Dividends

LHX vs. RHM.DE - Dividend Comparison

LHX's dividend yield for the trailing twelve months is around 1.61%, more than RHM.DE's 1.00% yield.


PositionTTM20252024202320222021202020192018201720162015
LHX
L3Harris Technologies, Inc.
1.61%1.64%2.21%2.17%2.15%1.91%1.80%1.45%1.86%1.55%2.01%2.23%
RHM.DE
Rheinmetall AG
1.00%0.52%0.93%1.50%1.77%2.41%2.77%2.05%2.20%1.37%1.72%0.49%

Financials

LHX vs. RHM.DE - Financials Comparison

This section allows you to compare key financial metrics between L3Harris Technologies, Inc. and Rheinmetall AG. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Please note, different currencies. LHX values in USD, RHM.DE values in EUR

Frequently Asked Questions


LHX and RHM.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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