RTX vs. SKYW
RTX (RTX Corporation) and SKYW (SkyWest, Inc.) are both stocks. Both are in the Industrials sector — RTX in Aerospace & Defense, SKYW in Airlines. Over the past 10 years, RTX returned 15.68%/yr vs 14.74%/yr for SKYW. At a 0.31 correlation, their price movements are largely independent.
Performance
RTX vs. SKYW - Performance Comparison
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Returns By Period
In the year-to-date period, RTX achieves a 0.82% return, which is significantly higher than SKYW's -8.63% return. Over the past 10 years, RTX has outperformed SKYW with an annualized return of 15.68%, while SKYW has yielded a comparatively lower 14.74% 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%
SKYW
- 1D
- 2.27%
- 1M
- 12.92%
- YTD
- -8.63%
- 6M
- -13.32%
- 1Y
- -4.24%
- 3Y*
- 34.96%
- 5Y*
- 13.58%
- 10Y*
- 14.74%
RTX vs. SKYW - 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% |
SKYW SkyWest, Inc. | -8.63% | 0.28% | 91.82% | 216.17% | -57.99% | -2.51% | -37.31% | 46.54% | -15.60% | 46.83% |
Correlation
The correlation between RTX and SKYW is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.31 |
The correlation between RTX and SKYW shifts across timeframes, from 0.21 (3 years) to 0.39 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
RTX:
$250.45B
SKYW:
$3.73B
RTX:
$5.34
SKYW:
$10.42
RTX:
34.39
SKYW:
8.80
RTX:
1.37
SKYW:
0.04
RTX:
2.76
SKYW:
0.92
RTX:
$90.37B
SKYW:
$4.12B
RTX:
$18.27B
SKYW:
$1.73B
RTX:
$13.81B
SKYW:
$970.77M
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Return for Risk
RTX vs. SKYW — Risk / Return Rank
RTX
SKYW
RTX vs. SKYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RTX Corporation (RTX) and SkyWest, Inc. (SKYW). 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 | SKYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.53 | ||
| Sortino ratioReturn per unit of downside risk | +2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.00 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | -0.20 | +1.88 |
| Martin ratioReturn relative to average drawdown | 4.55 | -0.37 | +4.92 |
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Drawdowns
RTX vs. SKYW - Drawdown Comparison
The maximum RTX drawdown since its inception was -55.14%, smaller than the maximum SKYW drawdown of -81.77%. Use the drawdown chart below to compare losses from any high point for RTX and SKYW.
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Drawdown Indicators
| RTX | SKYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.14% | -81.77% | +26.63% |
Max Drawdown (1Y)Largest decline over 1 year | -19.32% | -36.63% | +17.31% |
Max Drawdown (3Y)Largest decline over 3 years | -29.48% | -36.63% | +7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -71.50% | +38.66% |
Max Drawdown (10Y)Largest decline over 10 years | -51.98% | -81.77% | +29.79% |
Current DrawdownCurrent decline from peak | -13.13% | -25.84% | +12.71% |
Average DrawdownAverage peak-to-trough decline | -13.03% | -35.43% | +22.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.10% | 19.82% | -12.72% |
Volatility
RTX vs. SKYW - Volatility Comparison
The current volatility for RTX Corporation (RTX) is 8.72%, while SkyWest, Inc. (SKYW) has a volatility of 13.26%. This indicates that RTX experiences smaller price fluctuations and is considered to be less risky than SKYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RTX | SKYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.72% | 13.26% | -4.54% |
Volatility (6M)Calculated over the trailing 6-month period | 18.40% | 28.02% | -9.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.26% | 37.10% | -12.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.94% | 43.64% | -19.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.77% | 51.48% | -23.71% |
Dividends
RTX vs. SKYW - Dividend Comparison
RTX's dividend yield for the trailing twelve months is around 1.51%, while SKYW has not paid dividends to shareholders.
| 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% |
SKYW SkyWest, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.74% | 0.90% | 0.60% | 0.52% | 0.84% |
Financials
RTX vs. SKYW - Financials Comparison
This section allows you to compare key financial metrics between RTX Corporation and SkyWest, 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
RTX vs. SKYW - 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%.
SKYW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SkyWest, Inc. reported a gross profit of 591.07M and revenue of 1.01B. Therefore, the gross margin over that period was 58.3%.
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%.
SKYW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SkyWest, Inc. reported an operating income of 123.69M and revenue of 1.01B, resulting in an operating margin of 12.2%.
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%.
SKYW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SkyWest, Inc. reported a net income of 101.69M and revenue of 1.01B, resulting in a net margin of 10.0%.
Frequently Asked Questions
RTX and SKYW have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKYW has higher volatility (13.26%) compared to RTX (8.72%). In terms of maximum drawdown, RTX dropped -55.14% vs SKYW's -81.77%.
RTX currently has the higher Sharpe Ratio (1.34 vs -0.20), 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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