EPD vs. T

Last updated Jun 13, 2026

EPD (Enterprise Products Partners L.P.) and T (AT&T Inc.) are both stocks. EPD operates in Oil & Gas Midstream (Energy), while T operates in Telecom Services (Communication Services). Over the past 10 years, EPD returned 10.61%/yr vs 3.33%/yr for T. At a 0.19 correlation, their price movements are largely independent.

Performance

EPD vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Enterprise Products Partners L.P. (EPD) 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, EPD achieves a 19.79% return, which is significantly higher than T's -2.96% return. Over the past 10 years, EPD has outperformed T with an annualized return of 10.61%, while T has yielded a comparatively lower 3.33% annualized return.

EPD

• 1D: -0.08%
• 1M: -5.05%
• YTD: 19.79%
• 6M: 19.53%
• 1Y: 24.08%
• 3Y*: 20.73%
• 5Y*: 15.96%
• 10Y*: 10.61%

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)

EPD vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPD Enterprise Products Partners L.P.	19.79%	9.45%	28.00%	17.71%	18.32%	21.40%	-23.61%	21.88%	-1.32%	4.24%
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 EPD 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	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jul 28, 1998	0.19

Fundamentals

EPS EPD : $2.69 T : $3.04
PE Ratio EPD : 13.83 T : 7.74
PEG Ratio EPD : 2.22 T : 0.32
PS Ratio EPD : 1.58 T : 1.35
Total Revenue (TTM) EPD : $51.57B T : $125.65B
Gross Profit (TTM) EPD : $7.31B T : $105.41B
EBITDA (TTM) EPD : $10.11B T : $54.70B

Return for Risk

EPD vs. T — Risk / Return Rank

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

EPD

EPD Risk / Return Rank: 83
EPD Sharpe Ratio Rank: 84
EPD Sortino Ratio Rank: 81
EPD Omega Ratio Rank: 79
EPD Calmar Ratio Rank: 85
EPD Martin Ratio Rank: 88

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.

EPD vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enterprise Products Partners L.P. (EPD) 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.

	EPD	T	Difference
Sharpe ratio: Return per unit of total volatility	1.54	-0.59	+2.13
Sortino ratio: Return per unit of downside risk	2.24	-0.72	+2.97
Omega ratio: Gain probability vs. loss probability	1.28	0.92	+0.36
Calmar ratio: Return relative to maximum drawdown	3.24	-0.59	+3.84
Martin ratio: Return relative to average drawdown	9.50	-1.22	+10.72

EPD vs. T - Sharpe Ratio Comparison

The current EPD Sharpe Ratio is 1.54, which is higher than the T Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of EPD 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

EPD vs. T - Drawdown Comparison

The maximum EPD drawdown since its inception was -58.78%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for EPD and T.

Drawdown Indicators

	EPD	T	Difference
Max Drawdown Largest peak-to-trough decline	-58.78%	-64.15%	+5.37%
Max Drawdown (1Y) Largest decline over 1 year	-7.56%	-21.87%	+14.31%
Max Drawdown (3Y) Largest decline over 3 years	-15.40%	-21.87%	+6.47%
Max Drawdown (5Y) Largest decline over 5 years	-18.06%	-32.01%	+13.95%
Max Drawdown (10Y) Largest decline over 10 years	-58.04%	-42.35%	-15.69%
Current Drawdown Current decline from peak	-6.41%	-18.12%	+11.71%
Average Drawdown Average peak-to-trough decline	-10.22%	-15.72%	+5.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	10.64%	-8.06%

Volatility

EPD vs. T - Volatility Comparison

The current volatility for Enterprise Products Partners L.P. (EPD) is 6.00%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that EPD 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

	EPD	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.00%	8.21%	-2.21%
Volatility (6M) Calculated over the trailing 6-month period	13.27%	17.80%	-4.53%
Volatility (1Y) Calculated over the trailing 1-year period	15.90%	22.13%	-6.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.23%	24.01%	-6.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.14%	23.73%	+0.41%

Dividends

EPD vs. T - Dividend Comparison

EPD's dividend yield for the trailing twelve months is around 5.88%, more than T's 4.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPD Enterprise Products Partners L.P.	5.88%	6.74%	6.63%	7.51%	7.79%	8.20%	9.09%	6.23%	6.97%	6.29%	5.88%	5.90%
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 EPD and T in my portfolio?

EPD 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.

Which is riskier, EPD or T?

T has higher volatility (8.21%) compared to EPD (6.00%). In terms of maximum drawdown, EPD dropped -58.78% vs T's -64.15%.

Which has better risk-adjusted returns?

EPD currently has the higher Sharpe Ratio (1.54 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.