NIC vs. RTX
NIC (Nicolet Bankshares Inc.) and RTX (RTX Corporation) are both stocks. NIC operates in Banks - Regional (Financial Services), while RTX operates in Aerospace & Defense (Industrials). Over the past 10 years, NIC returned 15.80%/yr vs 16.13%/yr for RTX. At a 0.34 correlation, their price movements are largely independent.
Performance
NIC vs. RTX - Performance Comparison
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Returns By Period
In the year-to-date period, NIC achieves a 26.19% return, which is significantly higher than RTX's 2.39% return. Both investments have delivered pretty close results over the past 10 years, with NIC having a 15.80% annualized return and RTX not far ahead at 16.13%.
NIC
- 1D
- 0.73%
- 1M
- 7.80%
- YTD
- 26.19%
- 6M
- 22.72%
- 1Y
- 27.21%
- 3Y*
- 32.34%
- 5Y*
- 17.24%
- 10Y*
- 15.80%
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%
NIC vs. RTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NIC Nicolet Bankshares Inc. | 26.19% | 16.76% | 31.91% | 1.93% | -6.95% | 29.24% | -10.16% | 51.33% | -10.85% | 14.78% |
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 NIC and RTX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.34 |
The correlation between NIC and RTX shifts across timeframes, from 0.23 (1 year) to 0.35 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NIC:
$11.59
RTX:
$5.34
NIC:
13.15
RTX:
34.93
NIC:
0.52
RTX:
1.39
NIC:
3.02
RTX:
2.80
NIC:
$579.85M
RTX:
$90.37B
NIC:
$296.00M
RTX:
$18.27B
NIC:
$151.89M
RTX:
$13.81B
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Return for Risk
NIC vs. RTX — Risk / Return Rank
NIC
RTX
NIC vs. RTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicolet Bankshares Inc. (NIC) 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.
| NIC | RTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.23 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 1.55 | -0.03 |
| Martin ratioReturn relative to average drawdown | 3.33 | 4.10 | -0.76 |
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Drawdowns
NIC vs. RTX - Drawdown Comparison
The maximum NIC drawdown since its inception was -44.31%, smaller than the maximum RTX drawdown of -55.14%. Use the drawdown chart below to compare losses from any high point for NIC and RTX.
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Drawdown Indicators
| NIC | RTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.31% | -55.14% | +10.83% |
Max Drawdown (1Y)Largest decline over 1 year | -17.90% | -19.32% | +1.42% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -28.99% | +7.26% |
Max Drawdown (5Y)Largest decline over 5 years | -44.31% | -32.84% | -11.47% |
Max Drawdown (10Y)Largest decline over 10 years | -44.31% | -51.98% | +7.67% |
Current DrawdownCurrent decline from peak | -5.15% | -11.78% | +6.63% |
Average DrawdownAverage peak-to-trough decline | -11.17% | -13.03% | +1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.18% | 7.32% | +0.86% |
Volatility
NIC vs. RTX - Volatility Comparison
Nicolet Bankshares Inc. (NIC) and RTX Corporation (RTX) have volatilities of 10.02% and 9.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NIC | RTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.02% | 9.72% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 23.56% | 19.09% | +4.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.89% | 24.66% | +7.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.43% | 24.05% | +6.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.89% | 27.83% | +3.06% |
Dividends
NIC vs. RTX - Dividend Comparison
NIC's dividend yield for the trailing twelve months is around 0.87%, less than RTX's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NIC Nicolet Bankshares Inc. | 0.87% | 1.02% | 1.04% | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
NIC vs. RTX - Financials Comparison
This section allows you to compare key financial metrics between Nicolet Bankshares 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
NIC vs. RTX - Profitability Comparison
NIC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nicolet Bankshares Inc. reported a gross profit of 0.00 and revenue of 158.21M. Therefore, the gross margin over that period was 0.0%.
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%.
NIC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nicolet Bankshares Inc. reported an operating income of 0.00 and revenue of 158.21M, resulting in an operating margin of 0.0%.
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%.
NIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nicolet Bankshares Inc. reported a net income of 15.20M and revenue of 158.21M, resulting in a net margin of 9.6%.
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
NIC and RTX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NIC has higher volatility (10.02%) compared to RTX (9.72%). In terms of maximum drawdown, NIC dropped -44.31% vs RTX's -55.14%.
RTX currently has the higher Sharpe Ratio (1.22 vs 0.86), 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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