ET vs. T
ET (Energy Transfer LP) and T (AT&T Inc.) are both stocks. ET operates in Oil & Gas Midstream (Energy), while T operates in Telecom Services (Communication Services). Over the past 10 years, ET returned 13.14%/yr vs 3.33%/yr for T. At a 0.24 correlation, their price movements are largely independent.
Performance
ET vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, ET achieves a 19.85% return, which is significantly higher than T's -2.96% return. Over the past 10 years, ET has outperformed T with an annualized return of 13.14%, while T has yielded a comparatively lower 3.33% annualized return.
ET
- 1D
- 1.65%
- 1M
- -5.12%
- YTD
- 19.85%
- 6M
- 19.34%
- 1Y
- 11.35%
- 3Y*
- 24.04%
- 5Y*
- 20.15%
- 10Y*
- 13.14%
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%
ET vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 19.85% | -9.37% | 53.87% | 27.87% | 55.74% | 42.96% | -44.92% | 5.88% | -17.74% | -4.66% |
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 ET and T is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2006 | 0.24 |
The correlation between ET and T shifts across timeframes, from 0.10 (1 year) to 0.24 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ET:
$1.36
T:
$3.04
ET:
14.01
T:
7.74
ET:
0.76
T:
1.35
ET:
$89.38B
T:
$125.65B
ET:
$20.48B
T:
$105.41B
ET:
$13.02B
T:
$54.70B
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Return for Risk
ET vs. T — Risk / Return Rank
ET
T
ET vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) 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.
| ET | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.92 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | -0.59 | +1.81 |
| Martin ratioReturn relative to average drawdown | 2.70 | -1.22 | +3.92 |
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Drawdowns
ET vs. T - Drawdown Comparison
The maximum ET drawdown since its inception was -87.81%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for ET and T.
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Drawdown Indicators
| ET | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.81% | -64.15% | -23.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -21.87% | +12.49% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -21.87% | -2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -25.82% | -32.01% | +6.19% |
Max Drawdown (10Y)Largest decline over 10 years | -72.82% | -42.35% | -30.47% |
Current DrawdownCurrent decline from peak | -6.47% | -18.12% | +11.65% |
Average DrawdownAverage peak-to-trough decline | -25.72% | -15.72% | -10.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.65% | 10.64% | -5.99% |
Volatility
ET vs. T - Volatility Comparison
The current volatility for Energy Transfer LP (ET) is 5.08%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that ET 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
| ET | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 8.21% | -3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 17.80% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.13% | 22.13% | -6.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.86% | 24.01% | +0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.99% | 23.73% | +11.26% |
Dividends
ET vs. T - Dividend Comparison
ET's dividend yield for the trailing twelve months is around 7.00%, more than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 7.00% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
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
ET vs. T - Financials Comparison
This section allows you to compare key financial metrics between Energy Transfer LP 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
ET and T have a correlation of 0.10, 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 ET (5.08%). In terms of maximum drawdown, ET dropped -87.81% vs T's -64.15%.
ET currently has the higher Sharpe Ratio (0.71 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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