RTX vs. NEM
RTX (RTX Corporation) and NEM (Newmont Corporation) are both stocks. RTX operates in Aerospace & Defense (Industrials), while NEM operates in Gold (Basic Materials). Over the past 10 years, RTX returned 15.68%/yr vs 13.80%/yr for NEM. At a 0.09 correlation, their price movements are largely independent.
Performance
RTX vs. NEM - Performance Comparison
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Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with RTX at 0.82% and NEM at 0.82%. Over the past 10 years, RTX has outperformed NEM with an annualized return of 15.68%, while NEM has yielded a comparatively lower 13.80% annualized return.
RTX
- 1D
- -0.37%
- 1M
- 3.47%
- YTD
- 0.82%
- 6M
- 3.50%
- 1Y
- 32.26%
- 3Y*
- 25.18%
- 5Y*
- 18.20%
- 10Y*
- 15.68%
NEM
- 1D
- 2.71%
- 1M
- -15.55%
- YTD
- 0.82%
- 6M
- 2.58%
- 1Y
- 81.14%
- 3Y*
- 36.14%
- 5Y*
- 10.51%
- 10Y*
- 13.80%
RTX vs. NEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RTX RTX Corporation | 0.82% | 61.44% | 40.76% | -14.44% | 20.01% | 23.27% | -7.70% | 43.82% | -14.66% | 19.13% |
NEM Newmont Corporation | 0.82% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between RTX and NEM is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 1983 | 0.09 |
The correlation between RTX and NEM shifts across timeframes, from 0.09 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
RTX:
$5.34
NEM:
$6.34
RTX:
34.39
NEM:
15.82
RTX:
1.37
NEM:
0.41
RTX:
2.76
NEM:
4.83
RTX:
$90.37B
NEM:
$17.23B
RTX:
$18.27B
NEM:
$8.97B
RTX:
$13.81B
NEM:
$13.78B
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Return for Risk
RTX vs. NEM — Risk / Return Rank
RTX
NEM
RTX vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RTX Corporation (RTX) and Newmont Corporation (NEM). 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.
| RTX | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.29 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 2.78 | -1.10 |
| Martin ratioReturn relative to average drawdown | 4.55 | 7.58 | -3.03 |
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Drawdowns
RTX vs. NEM - Drawdown Comparison
The maximum RTX drawdown since its inception was -55.14%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for RTX and NEM.
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Drawdown Indicators
| RTX | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.14% | -81.30% | +26.16% |
Max Drawdown (1Y)Largest decline over 1 year | -19.32% | -29.39% | +10.07% |
Max Drawdown (3Y)Largest decline over 3 years | -29.48% | -36.57% | +7.09% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -62.40% | +29.56% |
Max Drawdown (10Y)Largest decline over 10 years | -51.98% | -62.40% | +10.42% |
Current DrawdownCurrent decline from peak | -13.13% | -23.71% | +10.58% |
Average DrawdownAverage peak-to-trough decline | -13.03% | -41.37% | +28.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.10% | 10.73% | -3.63% |
Volatility
RTX vs. NEM - Volatility Comparison
The current volatility for RTX Corporation (RTX) is 8.72%, while Newmont Corporation (NEM) has a volatility of 15.74%. This indicates that RTX experiences smaller price fluctuations and is considered to be less risky than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RTX | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.72% | 15.74% | -7.02% |
Volatility (6M)Calculated over the trailing 6-month period | 18.40% | 37.43% | -19.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.26% | 47.44% | -23.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.94% | 37.99% | -14.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.77% | 35.67% | -7.90% |
Dividends
RTX vs. NEM - Dividend Comparison
RTX's dividend yield for the trailing twelve months is around 1.51%, more than NEM's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Corporation | 1.02% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
RTX RTX Corporation | 1.51% | 1.46% | 2.14% | 2.76% | 2.14% | 2.33% | 21.21% | 1.96% | 2.66% | 2.13% | 2.39% | 2.66% |
Financials
RTX vs. NEM - Financials Comparison
This section allows you to compare key financial metrics between RTX Corporation and Newmont 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
Frequently Asked Questions
RTX and NEM 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.
NEM has higher volatility (15.74%) compared to RTX (8.72%). In terms of maximum drawdown, RTX dropped -55.14% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.73 vs 1.34), 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.
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