RTX vs. RY
RTX (RTX Corporation) and RY (Royal Bank of Canada) are both stocks. RTX operates in Aerospace & Defense (Industrials), while RY operates in Banks - Diversified (Financial Services). Over the past 10 years, RTX returned 15.68%/yr vs 17.18%/yr for RY. At a 0.39 correlation, their price movements are largely independent.
Performance
RTX vs. RY - Performance Comparison
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Returns By Period
In the year-to-date period, RTX achieves a 0.82% return, which is significantly lower than RY's 18.68% return. Over the past 10 years, RTX has underperformed RY with an annualized return of 15.68%, while RY has yielded a comparatively higher 17.18% annualized return.
RTX
- 1D
- -0.37%
- 1M
- 7.66%
- YTD
- 0.82%
- 6M
- 3.50%
- 1Y
- 27.98%
- 3Y*
- 25.18%
- 5Y*
- 18.20%
- 10Y*
- 15.68%
RY
- 1D
- 0.14%
- 1M
- 8.80%
- YTD
- 18.68%
- 6M
- 21.99%
- 1Y
- 60.93%
- 3Y*
- 33.55%
- 5Y*
- 18.33%
- 10Y*
- 17.18%
RTX vs. RY - 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% |
RY Royal Bank of Canada | 18.68% | 46.29% | 23.80% | 12.72% | -8.00% | 34.11% | 8.42% | 20.17% | -12.88% | 24.95% |
Correlation
The correlation between RTX and RY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 1995 | 0.39 |
The correlation between RTX and RY shifts across timeframes, from 0.27 (3 years) to 0.43 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
RTX:
$250.45B
RY:
$205.02B
RTX:
$5.34
RY:
CA$18.17
RTX:
34.39
RY:
15.35
RTX:
1.37
RY:
2.22
RTX:
2.76
RY:
2.45
RTX:
3.78
RY:
2.21
RTX:
$90.37B
RY:
CA$138.99B
RTX:
$18.27B
RY:
CA$65.64B
RTX:
$13.81B
RY:
CA$30.01B
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Return for Risk
RTX vs. RY — Risk / Return Rank
RTX
RY
RTX vs. RY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RTX Corporation (RTX) and Royal Bank of Canada (RY). 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 | RY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.63 | ||
| Sortino ratioReturn per unit of downside risk | -3.69 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.70 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 5.97 | -4.29 |
| Martin ratioReturn relative to average drawdown | 4.55 | 22.22 | -17.66 |
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Drawdowns
RTX vs. RY - Drawdown Comparison
The maximum RTX drawdown since its inception was -55.14%, smaller than the maximum RY drawdown of -62.90%. Use the drawdown chart below to compare losses from any high point for RTX and RY.
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Drawdown Indicators
| RTX | RY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.14% | -62.90% | +7.76% |
Max Drawdown (1Y)Largest decline over 1 year | -19.32% | -10.04% | -9.28% |
Max Drawdown (3Y)Largest decline over 3 years | -29.48% | -19.88% | -9.60% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -28.36% | -4.48% |
Max Drawdown (10Y)Largest decline over 10 years | -51.98% | -39.95% | -12.03% |
Current DrawdownCurrent decline from peak | -13.13% | 0.00% | -13.13% |
Average DrawdownAverage peak-to-trough decline | -13.03% | -9.32% | -3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.10% | 2.69% | +4.41% |
Volatility
RTX vs. RY - Volatility Comparison
RTX Corporation (RTX) has a higher volatility of 8.72% compared to Royal Bank of Canada (RY) at 4.01%. This indicates that RTX's price experiences larger fluctuations and is considered to be riskier than RY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RTX | RY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.72% | 4.01% | +4.71% |
Volatility (6M)Calculated over the trailing 6-month period | 18.40% | 11.34% | +7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.26% | 15.10% | +9.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.94% | 18.00% | +5.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.77% | 19.76% | +8.01% |
Dividends
RTX vs. RY - Dividend Comparison
RTX's dividend yield for the trailing twelve months is around 1.51%, less than RY's 2.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RY Royal Bank of Canada | 2.32% | 2.54% | 3.39% | 4.29% | 4.07% | 3.24% | 3.88% | 3.88% | 4.27% | 3.22% | 3.95% | 5.41% |
Financials
RTX vs. RY - Financials Comparison
This section allows you to compare key financial metrics between RTX Corporation and Royal Bank of Canada. 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
RTX vs. RY - Profitability Comparison
RTX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, RTX Corporation reported a gross profit of 4.59B and revenue of 22.08B. Therefore, the gross margin over that period was 20.8%.
RY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a gross profit of 16.51B and revenue of 33.93B. Therefore, the gross margin over that period was 48.7%.
RTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, RTX Corporation reported an operating income of 2.56B and revenue of 22.08B, resulting in an operating margin of 11.6%.
RY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported an operating income of 7.10B and revenue of 33.93B, resulting in an operating margin of 20.9%.
RTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, RTX Corporation reported a net income of 2.06B and revenue of 22.08B, resulting in a net margin of 9.3%.
RY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Bank of Canada reported a net income of 5.51B and revenue of 33.93B, resulting in a net margin of 16.2%.
Frequently Asked Questions
RTX and RY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RTX has higher volatility (8.72%) compared to RY (4.01%). In terms of maximum drawdown, RTX dropped -55.14% vs RY's -62.90%.
RY currently has the higher Sharpe Ratio (3.97 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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