GD vs. T

Last updated Jun 13, 2026

GD (General Dynamics Corporation) and T (AT&T Inc.) are both stocks. Over the past 10 years, GD returned 12.38%/yr vs 3.33%/yr for T. At a 0.29 correlation, their price movements are largely independent.

Performance

GD vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in General Dynamics Corporation (GD) 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, GD achieves a 7.93% return, which is significantly higher than T's -2.96% return. Over the past 10 years, GD has outperformed T with an annualized return of 12.38%, while T has yielded a comparatively lower 3.33% annualized return.

GD

• 1D: 0.38%
• 1M: 7.69%
• YTD: 7.93%
• 6M: 7.67%
• 1Y: 29.63%
• 3Y*: 21.44%
• 5Y*: 15.92%
• 10Y*: 12.38%

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)

GD vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GD General Dynamics Corporation	7.93%	30.39%	3.52%	7.13%	21.69%	43.77%	-13.14%	14.80%	-21.34%	19.85%
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 GD and T is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jul 19, 1984	0.29

The correlation between GD and T shifts across timeframes, from -0.04 (1 year) to 0.31 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS GD : $15.92 T : $3.04
PE Ratio GD : 22.63 T : 7.74
PEG Ratio GD : 2.86 T : 0.32
PS Ratio GD : 1.83 T : 1.35
Total Revenue (TTM) GD : $53.81B T : $125.65B
Gross Profit (TTM) GD : $7.48B T : $105.41B
EBITDA (TTM) GD : $6.26B T : $54.70B

Return for Risk

GD vs. T — Risk / Return Rank

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

GD

GD Risk / Return Rank: 81
GD Sharpe Ratio Rank: 82
GD Sortino Ratio Rank: 82
GD Omega Ratio Rank: 79
GD Calmar Ratio Rank: 77
GD Martin Ratio Rank: 83

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.

GD vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for General Dynamics Corporation (GD) 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.

	GD	T	Difference
Sharpe ratio: Return per unit of total volatility	1.44	-0.59	+2.03
Sortino ratio: Return per unit of downside risk	2.31	-0.72	+3.03
Omega ratio: Gain probability vs. loss probability	1.27	0.92	+0.36
Calmar ratio: Return relative to maximum drawdown	2.15	-0.59	+2.74
Martin ratio: Return relative to average drawdown	7.36	-1.22	+8.58

GD vs. T - Sharpe Ratio Comparison

The current GD Sharpe Ratio is 1.44, which is higher than the T Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of GD 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

GD vs. T - Drawdown Comparison

The maximum GD drawdown since its inception was -75.67%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for GD and T.

Drawdown Indicators

	GD	T	Difference
Max Drawdown Largest peak-to-trough decline	-75.67%	-64.15%	-11.52%
Max Drawdown (1Y) Largest decline over 1 year	-14.53%	-21.87%	+7.34%
Max Drawdown (3Y) Largest decline over 3 years	-22.55%	-21.87%	-0.68%
Max Drawdown (5Y) Largest decline over 5 years	-22.55%	-32.01%	+9.46%
Max Drawdown (10Y) Largest decline over 10 years	-51.63%	-42.35%	-9.28%
Current Drawdown Current decline from peak	-1.49%	-18.12%	+16.63%
Average Drawdown Average peak-to-trough decline	-15.60%	-15.72%	+0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.23%	10.64%	-6.41%

Volatility

GD vs. T - Volatility Comparison

The current volatility for General Dynamics Corporation (GD) is 7.70%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that GD 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

	GD	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.70%	8.21%	-0.51%
Volatility (6M) Calculated over the trailing 6-month period	17.78%	17.80%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	21.67%	22.13%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.54%	24.01%	-3.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.76%	23.73%	-0.97%

Dividends

GD vs. T - Dividend Comparison

GD's dividend yield for the trailing twelve months is around 1.69%, less than T's 4.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GD General Dynamics Corporation	1.69%	1.76%	2.12%	2.01%	2.00%	2.24%	2.90%	2.26%	2.31%	1.61%	1.72%	1.96%
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 GD and T in my portfolio?

GD and T have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GD or T?

T has higher volatility (8.21%) compared to GD (7.70%). In terms of maximum drawdown, GD dropped -75.67% vs T's -64.15%.

Which has better risk-adjusted returns?

GD currently has the higher Sharpe Ratio (1.44 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.