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RTX vs. BA

Last updated Feb 22, 2024

Compare and contrast key facts about Raytheon Technologies Corporation (RTX) and The Boeing Company (BA).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RTX or BA.

Key characteristics


RTXBA
YTD Return7.21%-22.67%
1Y Return-8.02%-1.92%
3Y Return (Ann)9.33%-2.50%
5Y Return (Ann)4.77%-13.44%
10Y Return (Ann)4.63%6.23%
Sharpe Ratio-0.34-0.16
Daily Std Dev23.41%30.21%
Max Drawdown-52.67%-77.92%
Current Drawdown-12.03%-53.16%

Fundamentals


RTXBA
Market Cap$120.61B$122.98B
EPS$2.23-$3.67
PE Ratio40.7658.37
PEG Ratio0.786.53
Revenue (TTM)$68.92B$77.79B
Gross Profit (TTM)$13.67B$5.77B
EBITDA (TTM)$9.61B$3.15B

Correlation

0.43
-1.001.00

The correlation between RTX and BA is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

RTX vs. BA - Performance Comparison

In the year-to-date period, RTX achieves a 7.21% return, which is significantly higher than BA's -22.67% return. Over the past 10 years, RTX has underperformed BA with an annualized return of 4.63%, while BA has yielded a comparatively higher 6.23% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%SeptemberOctoberNovemberDecember2024February
6.72%
-7.24%
RTX
BA

Compare stocks, funds, or ETFs


Raytheon Technologies Corporation

The Boeing Company

RTX vs. BA - Dividend Comparison

RTX's dividend yield for the trailing twelve months is around 3.23%, while BA has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
RTX
Raytheon Technologies Corporation
3.23%2.76%2.14%2.33%2.64%1.96%2.66%2.13%2.39%2.66%2.05%1.93%
BA
The Boeing Company
0.00%0.00%0.00%0.00%0.96%2.52%2.12%1.93%2.80%2.52%2.25%1.42%

RTX vs. BA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Raytheon Technologies Corporation (RTX) and The Boeing Company (BA). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
RTX
Raytheon Technologies Corporation
-0.34
BA
The Boeing Company
-0.06

RTX vs. BA - Sharpe Ratio Comparison

The current RTX Sharpe Ratio is -0.34, which is lower than the BA Sharpe Ratio of -0.06. The chart below compares the 12-month rolling Sharpe Ratio of RTX and BA.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50SeptemberOctoberNovemberDecember2024February
-0.34
-0.06
RTX
BA

RTX vs. BA - Drawdown Comparison

The maximum RTX drawdown since its inception was -52.67%, smaller than the maximum BA drawdown of -77.92%. The drawdown chart below compares losses from any high point along the way for RTX and BA


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%SeptemberOctoberNovemberDecember2024February
-12.03%
-53.16%
RTX
BA

RTX vs. BA - Volatility Comparison

The current volatility for Raytheon Technologies Corporation (RTX) is 3.21%, while The Boeing Company (BA) has a volatility of 9.48%. This indicates that RTX experiences smaller price fluctuations and is considered to be less risky than BA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%SeptemberOctoberNovemberDecember2024February
3.21%
9.48%
RTX
BA