OTIS vs. RTX
Compare and contrast key facts about Otis Worldwide Corporation (OTIS) and Raytheon Technologies Corporation (RTX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OTIS or RTX.
Correlation
The correlation between OTIS and RTX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
OTIS vs. RTX - Performance Comparison
Key characteristics
OTIS:
0.42
RTX:
2.59
OTIS:
0.66
RTX:
3.95
OTIS:
1.09
RTX:
1.51
OTIS:
0.64
RTX:
2.30
OTIS:
1.68
RTX:
14.18
OTIS:
4.58%
RTX:
3.24%
OTIS:
18.36%
RTX:
17.76%
OTIS:
-29.99%
RTX:
-52.56%
OTIS:
-11.40%
RTX:
-7.95%
Fundamentals
OTIS:
$38.48B
RTX:
$156.29B
OTIS:
$4.03
RTX:
$3.48
OTIS:
23.91
RTX:
33.74
OTIS:
2.55
RTX:
0.88
OTIS:
$14.21B
RTX:
$79.04B
OTIS:
$4.26B
RTX:
$15.18B
OTIS:
$2.20B
RTX:
$11.89B
Returns By Period
In the year-to-date period, OTIS achieves a 6.25% return, which is significantly lower than RTX's 41.69% return.
OTIS
6.25%
-6.15%
-1.67%
7.53%
N/A
N/A
RTX
41.69%
-2.24%
11.47%
45.37%
8.41%
8.04%
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Risk-Adjusted Performance
OTIS vs. RTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Otis Worldwide Corporation (OTIS) and Raytheon Technologies 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.
Dividends
OTIS vs. RTX - Dividend Comparison
OTIS's dividend yield for the trailing twelve months is around 1.61%, less than RTX's 2.13% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Otis Worldwide Corporation | 1.61% | 1.46% | 1.42% | 1.06% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Raytheon Technologies Corporation | 2.13% | 2.76% | 2.14% | 2.33% | 2.64% | 2.09% | 2.84% | 2.28% | 2.55% | 2.84% | 2.19% | 2.06% |
Drawdowns
OTIS vs. RTX - Drawdown Comparison
The maximum OTIS drawdown since its inception was -29.99%, smaller than the maximum RTX drawdown of -52.56%. Use the drawdown chart below to compare losses from any high point for OTIS and RTX. For additional features, visit the drawdowns tool.
Volatility
OTIS vs. RTX - Volatility Comparison
The current volatility for Otis Worldwide Corporation (OTIS) is 4.94%, while Raytheon Technologies Corporation (RTX) has a volatility of 5.69%. This indicates that OTIS 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.
Financials
OTIS vs. RTX - Financials Comparison
This section allows you to compare key financial metrics between Otis Worldwide Corporation and Raytheon Technologies 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