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RTX vs. MGV

Last updated Feb 22, 2024

Compare and contrast key facts about Raytheon Technologies Corporation (RTX) and Vanguard Mega Cap Value ETF (MGV).

MGV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Value Index. It was launched on Dec 17, 2007.

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

Key characteristics


RTXMGV
YTD Return7.21%3.85%
1Y Return-8.02%13.78%
3Y Return (Ann)9.33%10.68%
5Y Return (Ann)4.77%10.60%
10Y Return (Ann)4.63%10.50%
Sharpe Ratio-0.341.10
Daily Std Dev23.41%10.94%
Max Drawdown-52.67%-56.31%
Current Drawdown-12.03%0.00%

Correlation

0.70
-1.001.00

The correlation between RTX and MGV is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

RTX vs. MGV - Performance Comparison

In the year-to-date period, RTX achieves a 7.21% return, which is significantly higher than MGV's 3.85% return. Over the past 10 years, RTX has underperformed MGV with an annualized return of 4.63%, while MGV has yielded a comparatively higher 10.50% 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%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2024February
6.73%
11.36%
RTX
MGV

Compare stocks, funds, or ETFs


Raytheon Technologies Corporation

Vanguard Mega Cap Value ETF

RTX vs. MGV - Dividend Comparison

RTX's dividend yield for the trailing twelve months is around 3.23%, more than MGV's 2.38% yield.


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%
MGV
Vanguard Mega Cap Value ETF
2.38%2.48%2.45%2.17%2.47%2.69%2.65%2.34%2.53%2.59%2.26%2.29%

RTX vs. MGV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Raytheon Technologies Corporation (RTX) and Vanguard Mega Cap Value ETF (MGV). 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
MGV
Vanguard Mega Cap Value ETF
1.27

RTX vs. MGV - Sharpe Ratio Comparison

The current RTX Sharpe Ratio is -0.34, which is lower than the MGV Sharpe Ratio of 1.27. The chart below compares the 12-month rolling Sharpe Ratio of RTX and MGV.


Rolling 12-month Sharpe Ratio-0.500.000.501.00SeptemberOctoberNovemberDecember2024February
-0.34
1.27
RTX
MGV

RTX vs. MGV - Drawdown Comparison

The maximum RTX drawdown since its inception was -52.67%, smaller than the maximum MGV drawdown of -56.31%. The drawdown chart below compares losses from any high point along the way for RTX and MGV


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February
-12.03%
0
RTX
MGV

RTX vs. MGV - Volatility Comparison

Raytheon Technologies Corporation (RTX) has a higher volatility of 3.21% compared to Vanguard Mega Cap Value ETF (MGV) at 2.60%. This indicates that RTX's price experiences larger fluctuations and is considered to be riskier than MGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2024February
3.21%
2.60%
RTX
MGV