HII vs RTX: Correlation
How closely do Huntington Ingalls Industries (HII) and RTX Corporation (RTX) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HII and RTX?
On 3 years of weekly data the HII/RTX correlation comes out at 0.49, moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.49 over 3. The 5-year figure is 0.53, and annualized covariance runs at 430.6 %².
Among the 28 assets we track against HII, RTX ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RTX outperformed by 25.3 percentage points (+9.4% for HII against +34.7% for RTX). Across three years, the rolling one-year figure varied moderately, from 0.25 to 0.65.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
HII vs RTX: side by side
| HII (Huntington Ingalls Industries) | RTX (RTX Corporation) | |
|---|---|---|
| 1-year return | +9.4% | +34.7% |
| 5-year return | +59.2% | +178.4% |
| Volatility (ann.) | 35.3% | 25.1% |
| Beta vs S&P 500 | 0.84 | 0.57 |
| Max drawdown (3Y) | -45.2% | -19.7% |
| Market cap | $11.7B | $285.8B |
| P/E (trailing) | 17.7 | 37.3 |
| Dividend yield | 1.85% | 1.31% |
| Sector / category | Industrials | Industrials |
Year-by-year returns
| Year | HII | RTX |
|---|---|---|
| 2022 | +26.3% | +20.0% |
| 2023 | +15.2% | -14.4% |
| 2024 | -25.7% | +40.8% |
| 2025 | +84.2% | +61.4% |
| 2026 | -11.9% | +16.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HII and RTX good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between HII and RTX?
As of 2026-08-27, the correlation of weekly returns between HII and RTX is 0.49 over 3 years, 0.54 over 1 year and 0.53 over 5 years.
Is RTX a good diversifier for HII?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hii-vs-rtx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hii-vs-rtx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HII correlations · RTX correlations
