CVS vs. T
CVS (CVS Health Corporation) and T (AT&T Inc.) are both stocks. CVS operates in Healthcare Plans (Healthcare), while T operates in Telecom Services (Communication Services). Over the past 10 years, CVS returned 4.20%/yr vs 2.10%/yr for T. At a 0.28 correlation, their price movements are largely independent.
Performance
CVS vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, CVS achieves a 37.91% return, which is significantly higher than T's -7.04% return. Over the past 10 years, CVS has outperformed T with an annualized return of 4.20%, while T has yielded a comparatively lower 2.10% annualized return.
CVS
- 1D
- 0.13%
- 1M
- 9.45%
- 6M
- 39.25%
- YTD
- 37.91%
- 1Y
- 80.03%
- 3Y*
- 16.91%
- 5Y*
- 8.86%
- 10Y*
- 4.20%
- ALL TIME*
- 10.15%
T
- 1D
- 0.64%
- 1M
- 2.62%
- 6M
- -2.84%
- YTD
- -7.04%
- 1Y
- -13.37%
- 3Y*
- 20.93%
- 5Y*
- 7.13%
- 10Y*
- 2.10%
- ALL TIME*
- 9.35%
CVS vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVS CVS Health Corporation | 37.91% | 84.35% | -40.77% | -12.53% | -7.63% | 54.87% | -5.14% | 17.26% | -7.04% | -5.75% |
T AT&T Inc. | -7.04% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between CVS and T is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 1984 | 0.28 |
The correlation between CVS and T shifts across timeframes, from 0.19 (1 year) to 0.33 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CVS:
$137.30B
T:
$152.52B
CVS:
$2.30
T:
$3.05
CVS:
46.79
T:
7.19
CVS:
0.34
T:
1.25
CVS:
$407.91B
T:
$125.65B
CVS:
$56.59B
T:
$105.41B
CVS:
$9.99B
T:
$54.70B
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Return for Risk
CVS vs. T — Risk / Return Rank
CVS
T
CVS vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CVS Health Corporation (CVS) 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.
| CVS | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.17 | ||
| Sortino ratioReturn per unit of downside risk | +3.61 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 0.92 | +0.54 |
| Calmar ratioReturn relative to maximum drawdown | 4.89 | -0.46 | +5.36 |
| Martin ratioReturn relative to average drawdown | 14.21 | -1.03 | +15.25 |
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Drawdowns
CVS vs. T - Drawdown Comparison
The maximum CVS drawdown since its inception was -64.07%, roughly equal to the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for CVS and T.
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Drawdown Indicators
| CVS | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.07% | -64.15% | +0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | -28.89% | +12.45% |
Max Drawdown (3Y)Largest decline over 3 years | -43.98% | -28.89% | -15.09% |
Max Drawdown (5Y)Largest decline over 5 years | -56.79% | -32.01% | -24.78% |
Max Drawdown (10Y)Largest decline over 10 years | -56.79% | -42.35% | -14.44% |
Current DrawdownCurrent decline from peak | 0.00% | -21.57% | +21.57% |
Average DrawdownAverage peak-to-trough decline | -19.50% | -15.74% | -3.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.65% | 12.94% | -7.29% |
Volatility
CVS vs. T - Volatility Comparison
The current volatility for CVS Health Corporation (CVS) is 6.14%, while AT&T Inc. (T) has a volatility of 9.59%. This indicates that CVS 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
| CVS | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.14% | 9.59% | -3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 26.14% | 19.91% | +6.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.93% | 23.72% | +7.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.06% | 24.38% | +5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.37% | 23.92% | +5.45% |
Dividends
CVS vs. T - Dividend Comparison
CVS's dividend yield for the trailing twelve months is around 2.47%, less than T's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVS CVS Health Corporation | 2.47% | 3.35% | 5.93% | 3.06% | 2.36% | 1.94% | 2.93% | 2.69% | 3.05% | 2.76% | 2.15% | 1.43% |
T AT&T Inc. | 6.58% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
CVS vs. T - Financials Comparison
This section allows you to compare key financial metrics between CVS Health 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
CVS and T have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (9.59%) compared to CVS (6.14%). In terms of maximum drawdown, CVS dropped -64.07% vs T's -64.15%.
CVS currently has the higher Sharpe Ratio (2.61 vs -0.57), 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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