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RTX vs. XLU

Last updated Feb 22, 2024

Compare and contrast key facts about Raytheon Technologies Corporation (RTX) and Utilities Select Sector SPDR Fund (XLU).

XLU is a passively managed fund by State Street that tracks the performance of the Utilities Select Sector Index. It was launched on Dec 16, 1998.

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

Key characteristics


RTXXLU
YTD Return7.21%-2.10%
1Y Return-8.02%-4.65%
3Y Return (Ann)9.33%3.48%
5Y Return (Ann)4.77%4.98%
10Y Return (Ann)4.63%7.86%
Sharpe Ratio-0.34-0.36
Daily Std Dev23.41%17.74%
Max Drawdown-52.67%-52.27%
Current Drawdown-12.03%-16.74%

Correlation

0.38
-1.001.00

The correlation between RTX and XLU is 0.38, 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.

RTX vs. XLU - Performance Comparison

In the year-to-date period, RTX achieves a 7.21% return, which is significantly higher than XLU's -2.10% return. Over the past 10 years, RTX has underperformed XLU with an annualized return of 4.63%, while XLU has yielded a comparatively higher 7.86% 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%SeptemberOctoberNovemberDecember2024February
6.72%
-0.09%
RTX
XLU

Compare stocks, funds, or ETFs


Raytheon Technologies Corporation

Utilities Select Sector SPDR Fund

RTX vs. XLU - Dividend Comparison

RTX's dividend yield for the trailing twelve months is around 3.23%, less than XLU's 3.46% 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%
XLU
Utilities Select Sector SPDR Fund
3.46%3.39%2.92%2.79%3.14%2.95%3.33%3.33%3.41%3.67%3.19%3.86%

RTX vs. XLU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Raytheon Technologies Corporation (RTX) and Utilities Select Sector SPDR Fund (XLU). 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
XLU
Utilities Select Sector SPDR Fund
-0.26

RTX vs. XLU - Sharpe Ratio Comparison

The current RTX Sharpe Ratio is -0.34, which is lower than the XLU Sharpe Ratio of -0.26. The chart below compares the 12-month rolling Sharpe Ratio of RTX and XLU.


Rolling 12-month Sharpe Ratio-0.80-0.60-0.40-0.200.00SeptemberOctoberNovemberDecember2024February
-0.34
-0.26
RTX
XLU

RTX vs. XLU - Drawdown Comparison

The maximum RTX drawdown since its inception was -52.67%, roughly equal to the maximum XLU drawdown of -52.27%. The drawdown chart below compares losses from any high point along the way for RTX and XLU


-30.00%-25.00%-20.00%-15.00%-10.00%SeptemberOctoberNovemberDecember2024February
-12.03%
-16.74%
RTX
XLU

RTX vs. XLU - Volatility Comparison

The current volatility for Raytheon Technologies Corporation (RTX) is 3.21%, while Utilities Select Sector SPDR Fund (XLU) has a volatility of 5.27%. This indicates that RTX experiences smaller price fluctuations and is considered to be less risky than XLU 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%
5.27%
RTX
XLU