RTX vs. XLU
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.
Performance
RTX vs. XLU - Performance Comparison
Returns By Period
In the year-to-date period, RTX achieves a 44.18% return, which is significantly higher than XLU's 28.05% return. Both investments have delivered pretty close results over the past 10 years, with RTX having a 9.04% annualized return and XLU not far ahead at 9.21%.
RTX
44.18%
-5.59%
14.99%
51.21%
8.81%
9.04%
XLU
28.05%
-3.60%
11.18%
31.78%
8.14%
9.21%
Key characteristics
| RTX | XLU | |
|---|---|---|
| Sharpe Ratio | 2.88 | 2.08 |
| Sortino Ratio | 4.45 | 2.85 |
| Omega Ratio | 1.57 | 1.36 |
| Calmar Ratio | 2.17 | 1.67 |
| Martin Ratio | 20.14 | 9.92 |
| Ulcer Index | 2.56% | 3.28% |
| Daily Std Dev | 17.88% | 15.58% |
| Max Drawdown | -52.56% | -52.27% |
| Current Drawdown | -6.33% | -3.60% |
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Correlation
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.
Risk-Adjusted Performance
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.
Dividends
RTX vs. XLU - Dividend Comparison
RTX's dividend yield for the trailing twelve months is around 2.09%, less than XLU's 2.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RTX Raytheon Technologies Corporation | 2.09% | 2.76% | 2.14% | 2.33% | 2.64% | 2.09% | 2.84% | 2.28% | 2.55% | 2.84% | 2.19% | 2.06% |
XLU Utilities Select Sector SPDR Fund | 2.79% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.42% | 3.67% | 3.19% | 3.86% |
Drawdowns
RTX vs. XLU - Drawdown Comparison
The maximum RTX drawdown since its inception was -52.56%, roughly equal to the maximum XLU drawdown of -52.27%. Use the drawdown chart below to compare losses from any high point for RTX and XLU. For additional features, visit the drawdowns tool.
Volatility
RTX vs. XLU - Volatility Comparison
Raytheon Technologies Corporation (RTX) has a higher volatility of 6.90% compared to Utilities Select Sector SPDR Fund (XLU) at 5.37%. This indicates that RTX's price experiences larger fluctuations and is considered to be riskier than XLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.