CPB vs. T

Last updated Jun 13, 2026

CPB (Campbell Soup Company) and T (AT&T Inc.) are both stocks. CPB operates in Packaged Foods (Consumer Defensive), while T operates in Telecom Services (Communication Services). Over the past 10 years, CPB returned -6.46%/yr vs 3.33%/yr for T. At a 0.31 correlation, their price movements are largely independent.

Performance

CPB vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Campbell Soup Company (CPB) and AT&T Inc. (T). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CPB achieves a -15.45% return, which is significantly lower than T's -2.96% return. Over the past 10 years, CPB has underperformed T with an annualized return of -6.46%, while T has yielded a comparatively higher 3.33% annualized return.

CPB

• 1D: 0.35%
• 1M: 13.99%
• YTD: -15.45%
• 6M: -18.01%
• 1Y: -26.35%
• 3Y*: -17.59%
• 5Y*: -9.79%
• 10Y*: -6.46%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CPB vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CPB Campbell Soup Company	-15.45%	-30.47%	0.09%	-21.45%	34.84%	-7.19%	0.72%	55.19%	-29.12%	-18.30%
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 CPB and T is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985	0.31

The correlation between CPB and T shifts across timeframes, from 0.16 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.

Fundamentals

EPS CPB : $2.03 T : $3.04
PE Ratio CPB : 11.22 T : 7.74
PS Ratio CPB : 0.69 T : 1.35
Total Revenue (TTM) CPB : $9.93B T : $125.65B
Gross Profit (TTM) CPB : $2.86B T : $105.41B
EBITDA (TTM) CPB : $1.42B T : $54.70B

Return for Risk

CPB vs. T — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CPB

CPB Risk / Return Rank: 10
CPB Sharpe Ratio Rank: 6
CPB Sortino Ratio Rank: 9
CPB Omega Ratio Rank: 10
CPB Calmar Ratio Rank: 16
CPB Martin Ratio Rank: 11

T

T Risk / Return Rank: 18
T Sharpe Ratio Rank: 17
T Sortino Ratio Rank: 17
T Omega Ratio Rank: 18
T Calmar Ratio Rank: 21
T Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CPB vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Campbell Soup Company (CPB) 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.

	CPB	T	Difference
Sharpe ratio: Return per unit of total volatility	-0.94	-0.59	-0.36
Sortino ratio: Return per unit of downside risk	-1.29	-0.72	-0.57
Omega ratio: Gain probability vs. loss probability	0.85	0.92	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.72	-0.59	-0.12
Martin ratio: Return relative to average drawdown	-1.33	-1.22	-0.11

CPB vs. T - Sharpe Ratio Comparison

The current CPB Sharpe Ratio is -0.94, which is lower than the T Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of CPB and T, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CPB vs. T - Drawdown Comparison

The maximum CPB drawdown since its inception was -64.65%, roughly equal to the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for CPB and T.

Drawdown Indicators

	CPB	T	Difference
Max Drawdown Largest peak-to-trough decline	-64.65%	-64.15%	-0.50%
Max Drawdown (1Y) Largest decline over 1 year	-38.53%	-21.87%	-16.66%
Max Drawdown (3Y) Largest decline over 3 years	-58.07%	-21.87%	-36.20%
Max Drawdown (5Y) Largest decline over 5 years	-60.04%	-32.01%	-28.03%
Max Drawdown (10Y) Largest decline over 10 years	-60.04%	-42.35%	-17.69%
Current Drawdown Current decline from peak	-54.42%	-18.12%	-36.30%
Average Drawdown Average peak-to-trough decline	-22.19%	-15.72%	-6.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.81%	10.64%	+10.17%

Volatility

CPB vs. T - Volatility Comparison

The current volatility for Campbell Soup Company (CPB) is 7.06%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that CPB 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.

Volatility by Period

	CPB	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.06%	8.21%	-1.15%
Volatility (6M) Calculated over the trailing 6-month period	21.72%	17.80%	+3.92%
Volatility (1Y) Calculated over the trailing 1-year period	29.25%	22.13%	+7.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.00%	24.01%	-0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.56%	23.73%	+1.83%

Dividends

CPB vs. T - Dividend Comparison

CPB's dividend yield for the trailing twelve months is around 6.84%, more than T's 4.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPB Campbell Soup Company	6.84%	5.60%	3.53%	3.42%	2.61%	3.41%	2.90%	2.83%	4.24%	2.91%	2.13%	2.37%
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

Frequently Asked Questions

Can I hold both CPB and T in my portfolio?

CPB and T have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CPB or T?

T has higher volatility (8.21%) compared to CPB (7.06%). In terms of maximum drawdown, CPB dropped -64.65% vs T's -64.15%.

Which has better risk-adjusted returns?

T currently has the higher Sharpe Ratio (-0.59 vs -0.94), 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.