RTX vs VTV: Correlation
How closely do RTX Corporation (RTX) and Vanguard Value ETF (VTV) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RTX and VTV?
On 3 years of weekly data the RTX/VTV correlation comes out at 0.43, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 129.6 %².
Within RTX's tracked universe of 27 assets, VTV comes in at #14 by 3-year correlation. The trailing year gives RTX the advantage: +34.7% versus +25.7%, a 9.0-point spread. The relationship is regime-dependent: the rolling one-year correlation swung between 0.16 and 0.68 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since RTX carries 2.1 times the volatility of the other side.
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.
RTX vs VTV: side by side
| RTX (RTX Corporation) | VTV (Vanguard Value ETF) | |
|---|---|---|
| 1-year return | +34.7% | +25.7% |
| 5-year return | +178.4% | +79.1% |
| Volatility (ann.) | 25.1% | 11.9% |
| Beta vs S&P 500 | 0.57 | 0.65 |
| Max drawdown (3Y) | -19.7% | -14.5% |
| Market cap | $285.8B | – |
| P/E (trailing) | 37.3 | – |
| Dividend yield | 1.31% | 1.86% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $256.4B |
| Sector / category | Industrials | ETF · US Style |
On the fund side, VTV sits in the Large Value category at Vanguard, with $256.4B under management, 308 holdings, a 0.03% expense ratio, a 1.86% trailing dividend yield.
Year-by-year returns
| Year | RTX | VTV |
|---|---|---|
| 2022 | +20.0% | -2.1% |
| 2023 | -14.4% | +9.3% |
| 2024 | +40.8% | +16.0% |
| 2025 | +61.4% | +15.3% |
| 2026 | +16.9% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that VTV holds RTX at a 1.08% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are RTX and VTV good diversifiers for each other?
Reasonably. At 0.43, RTX and VTV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RTX and VTV?
The RTX/VTV correlation stands at 0.43 on a 3-year window (1 year: 0.37, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is VTV a good diversifier for RTX?
Reasonably. At 0.43, RTX and VTV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rtx-vs-vtv.json
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[](https://www.pairbook.io/pair/rtx-vs-vtv/)
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Related comparisons
Hubs: RTX correlations · VTV correlations
