CNI vs. T
CNI (Canadian National Railway Company) and T (AT&T Inc.) are both stocks. CNI operates in Railroads (Industrials), while T operates in Telecom Services (Communication Services). Over the past 10 years, CNI returned 9.51%/yr vs 3.33%/yr for T. At a 0.28 correlation, their price movements are largely independent.
Performance
CNI vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, CNI achieves a 21.78% return, which is significantly higher than T's -2.96% return. Over the past 10 years, CNI has outperformed T with an annualized return of 9.51%, while T has yielded a comparatively lower 3.33% annualized return.
CNI
- 1D
- 0.60%
- 1M
- 6.94%
- YTD
- 21.78%
- 6M
- 22.98%
- 1Y
- 15.90%
- 3Y*
- 3.44%
- 5Y*
- 3.57%
- 10Y*
- 9.51%
T
- 1D
- 2.52%
- 1M
- -4.69%
- YTD
- -2.96%
- 6M
- -1.93%
- 1Y
- -12.96%
- 3Y*
- 20.58%
- 5Y*
- 7.38%
- 10Y*
- 3.33%
CNI vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNI Canadian National Railway Company | 21.78% | -0.10% | -17.51% | 7.84% | -1.86% | 13.70% | 23.66% | 24.26% | -8.49% | 25.03% |
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 CNI and T is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 26, 1996 | 0.28 |
Over the past year, the correlation between CNI and T has dropped to 0.05 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
CNI:
CA$7.60
T:
$3.04
CNI:
21.89
T:
7.74
CNI:
5.96
T:
1.35
CNI:
CA$17.29B
T:
$125.65B
CNI:
CA$7.64B
T:
$105.41B
CNI:
CA$8.60B
T:
$54.70B
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Return for Risk
CNI vs. T — Risk / Return Rank
CNI
T
CNI vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canadian National Railway Company (CNI) 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.
| CNI | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.92 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | -0.59 | +1.72 |
| Martin ratioReturn relative to average drawdown | 2.08 | -1.22 | +3.30 |
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Drawdowns
CNI vs. T - Drawdown Comparison
The maximum CNI drawdown since its inception was -46.66%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for CNI and T.
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Drawdown Indicators
| CNI | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.66% | -64.15% | +17.49% |
Max Drawdown (1Y)Largest decline over 1 year | -14.15% | -21.87% | +7.72% |
Max Drawdown (3Y)Largest decline over 3 years | -29.14% | -21.87% | -7.27% |
Max Drawdown (5Y)Largest decline over 5 years | -29.14% | -32.01% | +2.87% |
Max Drawdown (10Y)Largest decline over 10 years | -29.15% | -42.35% | +13.20% |
Current DrawdownCurrent decline from peak | -5.55% | -18.12% | +12.57% |
Average DrawdownAverage peak-to-trough decline | -9.49% | -15.72% | +6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.68% | 10.64% | -2.96% |
Volatility
CNI vs. T - Volatility Comparison
The current volatility for Canadian National Railway Company (CNI) is 4.12%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that CNI 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
| CNI | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 8.21% | -4.09% |
Volatility (6M)Calculated over the trailing 6-month period | 17.30% | 17.80% | -0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.90% | 22.13% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.38% | 24.01% | -1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.67% | 23.73% | -1.06% |
Dividends
CNI vs. T - Dividend Comparison
CNI's dividend yield for the trailing twelve months is around 2.20%, less than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNI Canadian National Railway Company | 2.20% | 2.58% | 2.43% | 1.85% | 1.41% | 1.61% | 1.59% | 1.79% | 2.01% | 2.00% | 2.23% | 2.24% |
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
CNI vs. T - Financials Comparison
This section allows you to compare key financial metrics between Canadian National Railway Company 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
CNI and T have a correlation of 0.05, 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 CNI (4.12%). In terms of maximum drawdown, CNI dropped -46.66% vs T's -64.15%.
CNI currently has the higher Sharpe Ratio (0.73 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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