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 3.16%/yr vs 2.86%/yr for T. At a 0.27 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 24.42% return, which is significantly higher than T's -7.40% return. Over the past 10 years, CVS has outperformed T with an annualized return of 3.16%, while T has yielded a comparatively lower 2.86% annualized return.
CVS
- 1D
- 1.20%
- 1M
- 7.21%
- YTD
- 24.42%
- 6M
- 29.02%
- 1Y
- 58.27%
- 3Y*
- 14.98%
- 5Y*
- 6.17%
- 10Y*
- 3.16%
T
- 1D
- -1.10%
- 1M
- -10.57%
- YTD
- -7.40%
- 6M
- -7.40%
- 1Y
- -16.38%
- 3Y*
- 18.39%
- 5Y*
- 6.60%
- 10Y*
- 2.86%
CVS vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVS CVS Health Corporation | 24.42% | 84.35% | -40.77% | -12.53% | -7.63% | 54.87% | -5.14% | 17.26% | -7.04% | -5.75% |
T AT&T Inc. | -7.40% | 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 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
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 18, 1984 | 0.27 |
The correlation between CVS and T shifts across timeframes, from 0.18 (1 year) to 0.33 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CVS:
$2.30
T:
$3.04
CVS:
42.17
T:
7.39
CVS:
0.30
T:
1.29
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.
| CVS | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.64 | ||
| Sortino ratioReturn per unit of downside risk | +3.28 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.89 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | -0.75 | +4.31 |
| Martin ratioReturn relative to average drawdown | 9.17 | -1.59 | +10.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CVS | T | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | -0.75 | +2.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.28 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.12 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.38 | -0.04 |
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% | -21.87% | +5.43% |
Max Drawdown (3Y)Largest decline over 3 years | -43.98% | -21.87% | -22.11% |
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 | -1.05% | -21.87% | +20.82% |
Average DrawdownAverage peak-to-trough decline | -19.55% | -15.72% | -3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.37% | 10.34% | -3.97% |
Volatility
CVS vs. T - Volatility Comparison
CVS Health Corporation (CVS) has a higher volatility of 8.88% compared to AT&T Inc. (T) at 7.50%. This indicates that CVS's price experiences larger fluctuations and is considered to be riskier 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 | 8.88% | 7.50% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 25.90% | 17.57% | +8.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.07% | 21.98% | +9.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.96% | 23.97% | +5.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.30% | 23.71% | +5.59% |
Dividends
CVS vs. T - Dividend Comparison
CVS's dividend yield for the trailing twelve months is around 2.74%, less than T's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVS CVS Health Corporation | 2.74% | 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. | 4.93% | 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 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVS has higher volatility (8.88%) compared to T (7.50%). In terms of maximum drawdown, CVS dropped -64.07% vs T's -64.15%.
CVS currently has the higher Sharpe Ratio (1.89 vs -0.75), 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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