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 17.23%/yr vs 16.97%/yr for RTX. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
NIC vs. RTX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NIC achieves a 41.57% return, which is significantly higher than RTX's 18.23% return. Both investments have delivered pretty close results over the past 10 years, with NIC having a 17.23% annualized return and RTX not far behind at 16.97%.
NIC
- 1D
- 0.81%
- 1M
- 2.52%
- 6M
- 17.63%
- YTD
- 41.57%
- 1Y
- 36.98%
- 3Y*
- 27.95%
- 5Y*
- 19.63%
- 10Y*
- 17.23%
- ALL TIME*
- 17.66%
RTX
- 1D
- 0.39%
- 1M
- 8.02%
- 6M
- 7.92%
- YTD
- 18.23%
- 1Y
- 39.44%
- 3Y*
- 37.63%
- 5Y*
- 22.54%
- 10Y*
- 16.97%
- ALL TIME*
- 12.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $36.47M | $36.85M | $42.58M | |
| $1.30B | $1.06B | $1.02B |
NIC vs. RTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NIC Nicolet Bankshares Inc. | 41.57% | 16.76% | 31.91% | 1.93% | -6.95% | 29.24% | -10.16% | 51.33% | -10.85% | 14.78% |
RTX RTX Corporation | 18.23% | 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 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.30 |
Correlation (10Y) Provides a long-term view across more market conditions. | 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 0.24 (1 year) to 0.35 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NIC:
$2.95B
RTX:
$290.06B
NIC:
$13.46
RTX:
$5.68
NIC:
12.69
RTX:
37.89
NIC:
0.50
RTX:
1.51
NIC:
3.34
RTX:
3.14
NIC:
$586.41M
RTX:
$93.50B
NIC:
$248.69M
RTX:
$19.02B
NIC:
$260.57M
RTX:
$16.07B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.28 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 2.02 | -0.12 |
| Martin ratioReturn relative to average drawdown | 4.43 | 5.05 | -0.62 |
Loading charts...
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.
Loading charts...
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% | -20.40% | -1.33% |
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 | -1.29% | -1.54% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -11.08% | -13.01% | +1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.65% | 7.70% | -0.05% |
Volatility
NIC vs. RTX - Volatility Comparison
The current volatility for Nicolet Bankshares Inc. (NIC) is 6.54%, while RTX Corporation (RTX) has a volatility of 9.54%. This indicates that NIC 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.
Loading charts...
Volatility by Period
| NIC | RTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.54% | 9.54% | -3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 20.99% | 20.04% | +0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.66% | 25.67% | +4.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.47% | 24.21% | +6.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.78% | 27.94% | +2.84% |
Dividends
NIC vs. RTX - Dividend Comparison
NIC's dividend yield for the trailing twelve months is around 0.77%, less than RTX's 1.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NIC Nicolet Bankshares Inc. | 0.77% | 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 | 1.29% | 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 Aug 2026, Nicolet Bankshares Inc. reported a gross profit of 0.00 and revenue of 200.90M. 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 Aug 2026, RTX Corporation reported a gross profit of 5.13B and revenue of 24.71B. 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 Aug 2026, Nicolet Bankshares Inc. reported an operating income of 0.00 and revenue of 200.90M, 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 Aug 2026, RTX Corporation reported an operating income of 2.81B and revenue of 24.71B, resulting in an operating margin of 11.4%.
NIC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nicolet Bankshares Inc. reported a net income of 56.90M and revenue of 200.90M, resulting in a net margin of 28.3%.
RTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, RTX Corporation reported a net income of 2.14B and revenue of 24.71B, resulting in a net margin of 8.7%.
Frequently Asked Questions
NIC and RTX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RTX has higher volatility (9.54%) compared to NIC (6.54%). In terms of maximum drawdown, NIC dropped -44.31% vs RTX's -55.14%.
RTX currently has the higher Sharpe Ratio (1.52 vs 1.11), 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.
Find the right allocation for NIC and RTX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer