LHX vs. RTX
LHX (L3Harris Technologies, Inc.) and RTX (RTX Corporation) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, LHX returned 15.91%/yr vs 16.13%/yr for RTX. At a 0.39 correlation, their price movements are largely independent.
Performance
LHX vs. RTX - Performance Comparison
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Returns By Period
In the year-to-date period, LHX achieves a 0.82% return, which is significantly lower than RTX's 2.39% return. Both investments have delivered pretty close results over the past 10 years, with LHX having a 15.91% annualized return and RTX not far ahead at 16.13%.
LHX
- 1D
- 2.78%
- 1M
- -5.46%
- YTD
- 0.82%
- 6M
- -0.62%
- 1Y
- 18.89%
- 3Y*
- 17.55%
- 5Y*
- 8.11%
- 10Y*
- 15.91%
RTX
- 1D
- 2.51%
- 1M
- 5.30%
- YTD
- 2.39%
- 6M
- 1.09%
- 1Y
- 29.87%
- 3Y*
- 27.02%
- 5Y*
- 19.09%
- 10Y*
- 16.13%
LHX vs. RTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 0.82% | 42.28% | 1.88% | 3.67% | -0.48% | 14.98% | -2.76% | 49.21% | -3.38% | 40.80% |
RTX RTX Corporation | 2.39% | 61.44% | 40.76% | -14.44% | 20.01% | 23.27% | -7.70% | 43.82% | -14.66% | 19.13% |
Correlation
The correlation between LHX and RTX is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1981 | 0.39 |
Over the past year, LHX and RTX have become more correlated (0.64) than their long-term average of 0.39, meaning their price movements have been converging.
Fundamentals
LHX:
$12.29
RTX:
$5.34
LHX:
23.91
RTX:
34.93
LHX:
12.26
RTX:
1.39
LHX:
1.84
RTX:
2.80
LHX:
$22.48B
RTX:
$90.37B
LHX:
$5.50B
RTX:
$18.27B
LHX:
$3.32B
RTX:
$13.81B
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Return for Risk
LHX vs. RTX — Risk / Return Rank
LHX
RTX
LHX vs. RTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) 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.
| LHX | RTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.23 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 1.55 | -0.76 |
| Martin ratioReturn relative to average drawdown | 2.24 | 4.10 | -1.86 |
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Drawdowns
LHX vs. RTX - Drawdown Comparison
The maximum LHX drawdown since its inception was -69.82%, which is greater than RTX's maximum drawdown of -55.14%. Use the drawdown chart below to compare losses from any high point for LHX and RTX.
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Drawdown Indicators
| LHX | RTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.82% | -55.14% | -14.68% |
Max Drawdown (1Y)Largest decline over 1 year | -23.91% | -19.32% | -4.59% |
Max Drawdown (3Y)Largest decline over 3 years | -25.98% | -28.99% | +3.01% |
Max Drawdown (5Y)Largest decline over 5 years | -38.16% | -32.84% | -5.32% |
Max Drawdown (10Y)Largest decline over 10 years | -38.16% | -51.98% | +13.82% |
Current DrawdownCurrent decline from peak | -21.80% | -11.78% | -10.02% |
Average DrawdownAverage peak-to-trough decline | -21.33% | -13.03% | -8.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.46% | 7.32% | +1.14% |
Volatility
LHX vs. RTX - Volatility Comparison
L3Harris Technologies, Inc. (LHX) has a higher volatility of 10.22% compared to RTX Corporation (RTX) at 9.72%. This indicates that LHX'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
| LHX | RTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.22% | 9.72% | +0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 21.06% | 19.09% | +1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.32% | 24.66% | +0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.19% | 24.05% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.54% | 27.83% | -2.29% |
Dividends
LHX vs. RTX - Dividend Comparison
LHX's dividend yield for the trailing twelve months is around 1.67%, more than RTX's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 1.67% | 1.64% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% |
RTX RTX Corporation | 1.49% | 1.46% | 2.14% | 2.76% | 2.14% | 2.33% | 21.21% | 1.96% | 2.66% | 2.13% | 2.39% | 2.66% |
Financials
LHX vs. RTX - Financials Comparison
This section allows you to compare key financial metrics between L3Harris Technologies, Inc. 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
LHX vs. RTX - Profitability Comparison
LHX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported a gross profit of 1.40B and revenue of 5.74B. Therefore, the gross margin over that period was 24.4%.
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%.
LHX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported an operating income of 652.00M and revenue of 5.74B, resulting in an operating margin of 11.4%.
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%.
LHX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, L3Harris Technologies, Inc. reported a net income of 512.00M and revenue of 5.74B, resulting in a net margin of 8.9%.
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
LHX and RTX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LHX has higher volatility (10.22%) compared to RTX (9.72%). In terms of maximum drawdown, LHX dropped -69.82% vs RTX's -55.14%.
RTX currently has the higher Sharpe Ratio (1.22 vs 0.75), 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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