RTX vs. LHX
Compare and contrast key facts about Raytheon Technologies Corporation (RTX) and L3Harris Technologies, Inc. (LHX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RTX or LHX.
Correlation
The correlation between RTX and LHX is 0.39, 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
RTX vs. LHX - Performance Comparison
Key characteristics
RTX:
2.47
LHX:
0.24
RTX:
3.79
LHX:
0.46
RTX:
1.49
LHX:
1.06
RTX:
2.42
LHX:
0.20
RTX:
13.16
LHX:
0.88
RTX:
3.32%
LHX:
5.02%
RTX:
17.71%
LHX:
18.68%
RTX:
-52.67%
LHX:
-65.67%
RTX:
-7.67%
LHX:
-18.88%
Fundamentals
RTX:
$156.29B
LHX:
$41.43B
RTX:
$3.48
LHX:
$6.34
RTX:
33.74
LHX:
34.46
RTX:
0.88
LHX:
0.83
RTX:
$79.04B
LHX:
$21.14B
RTX:
$15.18B
LHX:
$5.14B
RTX:
$11.89B
LHX:
$3.91B
Returns By Period
In the year-to-date period, RTX achieves a 42.11% return, which is significantly higher than LHX's 3.35% return. Over the past 10 years, RTX has underperformed LHX with an annualized return of 7.29%, while LHX has yielded a comparatively higher 13.46% annualized return.
RTX
42.11%
-3.26%
16.26%
43.67%
6.90%
7.29%
LHX
3.35%
-14.04%
-4.06%
4.41%
3.20%
13.46%
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Risk-Adjusted Performance
RTX vs. LHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Raytheon Technologies Corporation (RTX) and L3Harris Technologies, Inc. (LHX). 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
RTX vs. LHX - Dividend Comparison
RTX's dividend yield for the trailing twelve months is around 2.12%, less than LHX's 2.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RTX Raytheon Technologies Corporation | 2.12% | 2.76% | 2.14% | 2.33% | 2.64% | 1.96% | 2.66% | 2.13% | 2.39% | 2.66% | 2.05% | 1.93% |
LHX L3Harris Technologies, Inc. | 2.18% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% | 2.48% | 2.26% |
Drawdowns
RTX vs. LHX - Drawdown Comparison
The maximum RTX drawdown since its inception was -52.67%, smaller than the maximum LHX drawdown of -65.67%. Use the drawdown chart below to compare losses from any high point for RTX and LHX. For additional features, visit the drawdowns tool.
Volatility
RTX vs. LHX - Volatility Comparison
Raytheon Technologies Corporation (RTX) and L3Harris Technologies, Inc. (LHX) have volatilities of 5.54% and 5.72%, 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.
Financials
RTX vs. LHX - Financials Comparison
This section allows you to compare key financial metrics between Raytheon Technologies Corporation and L3Harris Technologies, Inc.. 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