BAC vs. T
BAC (Bank of America Corporation) and T (AT&T Inc.) are both stocks. BAC operates in Banks - Diversified (Financial Services), while T operates in Telecom Services (Communication Services). Over the past 10 years, BAC returned 18.19%/yr vs 3.33%/yr for T. At a 0.32 correlation, their price movements are largely independent.
Performance
BAC vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, BAC achieves a 3.72% return, which is significantly higher than T's -2.96% return. Over the past 10 years, BAC has outperformed T with an annualized return of 18.19%, while T has yielded a comparatively lower 3.33% annualized return.
BAC
- 1D
- 2.31%
- 1M
- 13.98%
- YTD
- 3.72%
- 6M
- 3.46%
- 1Y
- 30.78%
- 3Y*
- 27.43%
- 5Y*
- 8.79%
- 10Y*
- 18.19%
T
- 1D
- 2.52%
- 1M
- -1.87%
- YTD
- -2.96%
- 6M
- -1.93%
- 1Y
- -12.71%
- 3Y*
- 20.58%
- 5Y*
- 7.38%
- 10Y*
- 3.33%
BAC vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BAC Bank of America Corporation | 3.72% | 28.04% | 33.85% | 4.83% | -23.82% | 49.61% | -11.63% | 46.19% | -15.00% | 35.69% |
T AT&T Inc. | -2.96% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between BAC and T is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 29, 1986 | 0.32 |
Over the past year, the correlation between BAC and T has dropped to 0.06 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
BAC:
$4.19
T:
$3.04
BAC:
13.36
T:
7.74
BAC:
5.36
T:
0.32
BAC:
2.42
T:
1.35
BAC:
$174.85B
T:
$125.65B
BAC:
$110.47B
T:
$105.41B
BAC:
$41.74B
T:
$54.70B
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Return for Risk
BAC vs. T — Risk / Return Rank
BAC
T
BAC vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of America Corporation (BAC) and AT&T Inc. (T). 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.
| BAC | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.57 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.92 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | -0.59 | +2.23 |
| Martin ratioReturn relative to average drawdown | 4.21 | -1.22 | +5.43 |
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Drawdowns
BAC vs. T - Drawdown Comparison
The maximum BAC drawdown since its inception was -93.10%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for BAC and T.
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Drawdown Indicators
| BAC | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.10% | -64.15% | -28.95% |
Max Drawdown (1Y)Largest decline over 1 year | -17.93% | -21.87% | +3.94% |
Max Drawdown (3Y)Largest decline over 3 years | -27.51% | -21.87% | -5.64% |
Max Drawdown (5Y)Largest decline over 5 years | -46.64% | -32.01% | -14.63% |
Max Drawdown (10Y)Largest decline over 10 years | -48.95% | -42.35% | -6.60% |
Current DrawdownCurrent decline from peak | -0.36% | -18.12% | +17.76% |
Average DrawdownAverage peak-to-trough decline | -28.30% | -15.72% | -12.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.96% | 10.64% | -3.68% |
Volatility
BAC vs. T - Volatility Comparison
The current volatility for Bank of America Corporation (BAC) is 5.49%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that BAC experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BAC | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 8.21% | -2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 16.57% | 17.80% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.62% | 22.13% | -0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.89% | 24.01% | +2.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.68% | 23.73% | +6.95% |
Dividends
BAC vs. T - Dividend Comparison
BAC's dividend yield for the trailing twelve months is around 2.72%, less than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAC Bank of America Corporation | 2.72% | 1.96% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% |
T AT&T Inc. | 4.71% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
BAC vs. T - Financials Comparison
This section allows you to compare key financial metrics between Bank of America Corporation and AT&T 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
Frequently Asked Questions
BAC and T have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (8.21%) compared to BAC (5.49%). In terms of maximum drawdown, BAC dropped -93.10% vs T's -64.15%.
BAC currently has the higher Sharpe Ratio (1.36 vs -0.59), 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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