FTS vs. T

Last updated Jun 9, 2026

FTS (Fortis Inc) and T (AT&T Inc.) are both stocks. FTS operates in Utilities - Regulated Electric (Utilities), while T operates in Telecom Services (Communication Services). Over the past 10 years, FTS returned 9.61%/yr vs 2.86%/yr for T. At a 0.32 correlation, their price movements are largely independent.

Performance

FTS vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fortis Inc (FTS) 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, FTS achieves a 7.82% return, which is significantly higher than T's -7.40% return. Over the past 10 years, FTS has outperformed T with an annualized return of 9.61%, while T has yielded a comparatively lower 2.86% annualized return.

FTS

• 1D: -1.47%
• 1M: -0.98%
• YTD: 7.82%
• 6M: 10.63%
• 1Y: 19.97%
• 3Y*: 13.17%
• 5Y*: 7.82%
• 10Y*: 9.61%

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%

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

FTS vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTS Fortis Inc	7.82%	29.62%	5.81%	7.38%	-13.69%	22.73%	1.91%	29.00%	-5.86%	24.45%
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 FTS and T is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.32

Fundamentals

EPS FTS : $3.40 T : $3.04
PE Ratio FTS : 16.21 T : 7.39
PEG Ratio FTS : 2.36 T : 0.31
PS Ratio FTS : 2.39 T : 1.29
Total Revenue (TTM) FTS : $12.22B T : $125.65B
Gross Profit (TTM) FTS : $7.44B T : $105.41B
EBITDA (TTM) FTS : $5.80B T : $54.70B

Return for Risk

FTS vs. T — Risk / Return Rank

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

FTS

FTS Risk / Return Rank: 82
FTS Sharpe Ratio Rank: 82
FTS Sortino Ratio Rank: 80
FTS Omega Ratio Rank: 77
FTS Calmar Ratio Rank: 85
FTS Martin Ratio Rank: 85

T

T Risk / Return Rank: 11
T Sharpe Ratio Rank: 11
T Sortino Ratio Rank: 12
T Omega Ratio Rank: 13
T Calmar Ratio Rank: 14
T Martin Ratio Rank: 4

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.

FTS vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortis Inc (FTS) 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.

	FTS	T	Difference
Sharpe ratio: Return per unit of total volatility	1.50	-0.75	+2.25
Sortino ratio: Return per unit of downside risk	2.20	-0.98	+3.18
Omega ratio: Gain probability vs. loss probability	1.27	0.89	+0.38
Calmar ratio: Return relative to maximum drawdown	3.22	-0.75	+3.97
Martin ratio: Return relative to average drawdown	8.05	-1.59	+9.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTS vs. T - Sharpe Ratio Comparison

The current FTS Sharpe Ratio is 1.50, which is higher than the T Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of FTS 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.

Sharpe Ratios by Period

	FTS	T	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	-0.75	+2.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.28	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.12	+0.39
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.38	+0.23

Drawdowns

FTS vs. T - Drawdown Comparison

The maximum FTS drawdown since its inception was -34.36%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for FTS and T.

Drawdown Indicators

	FTS	T	Difference
Max Drawdown Largest peak-to-trough decline	-34.36%	-64.15%	+29.79%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	-21.87%	+15.64%
Max Drawdown (3Y) Largest decline over 3 years	-14.46%	-21.87%	+7.41%
Max Drawdown (5Y) Largest decline over 5 years	-29.96%	-32.01%	+2.05%
Max Drawdown (10Y) Largest decline over 10 years	-34.36%	-42.35%	+7.99%
Current Drawdown Current decline from peak	-5.16%	-21.87%	+16.71%
Average Drawdown Average peak-to-trough decline	-6.84%	-15.72%	+8.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	10.34%	-7.85%

Volatility

FTS vs. T - Volatility Comparison

The current volatility for Fortis Inc (FTS) is 4.54%, while AT&T Inc. (T) has a volatility of 7.50%. This indicates that FTS 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

	FTS	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	7.50%	-2.96%
Volatility (6M) Calculated over the trailing 6-month period	10.48%	17.57%	-7.09%
Volatility (1Y) Calculated over the trailing 1-year period	13.39%	21.98%	-8.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.30%	23.97%	-7.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.94%	23.71%	-4.77%

Dividends

FTS vs. T - Dividend Comparison

FTS's dividend yield for the trailing twelve months is around 3.34%, less than T's 4.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTS Fortis Inc	3.34%	3.42%	4.62%	4.50%	4.48%	3.40%	3.54%	3.31%	3.35%	4.43%	4.94%	0.00%
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

Frequently Asked Questions

Can I hold both FTS and T in my portfolio?

FTS and T have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTS or T?

T has higher volatility (7.50%) compared to FTS (4.54%). In terms of maximum drawdown, FTS dropped -34.36% vs T's -64.15%.

Which has better risk-adjusted returns?

FTS currently has the higher Sharpe Ratio (1.50 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.