HWM vs. T
HWM (Howmet Aerospace Inc.) and T (AT&T Inc.) are both stocks. HWM operates in Specialty Industrial Machinery (Industrials), while T operates in Telecom Services (Communication Services). Over the past 10 years, HWM returned 33.28%/yr vs 3.33%/yr for T. At a 0.27 correlation, their price movements are largely independent.
Performance
HWM vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, HWM achieves a 29.23% return, which is significantly higher than T's -2.96% return. Over the past 10 years, HWM has outperformed T with an annualized return of 33.28%, while T has yielded a comparatively lower 3.33% annualized return.
HWM
- 1D
- 0.03%
- 1M
- -3.09%
- YTD
- 29.23%
- 6M
- 33.60%
- 1Y
- 54.66%
- 3Y*
- 79.69%
- 5Y*
- 50.00%
- 10Y*
- 33.28%
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%
HWM vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWM Howmet Aerospace Inc. | 29.23% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
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 HWM and T is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1984 | 0.27 |
The correlation between HWM and T shifts across timeframes, from -0.03 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HWM:
$4.31
T:
$3.04
HWM:
61.42
T:
7.74
HWM:
1.04
T:
0.32
HWM:
12.42
T:
1.35
HWM:
$8.62B
T:
$125.65B
HWM:
$2.81B
T:
$105.41B
HWM:
$2.66B
T:
$54.70B
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Return for Risk
HWM vs. T — Risk / Return Rank
HWM
T
HWM vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Howmet Aerospace Inc. (HWM) 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.
| HWM | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.33 | ||
| Sortino ratioReturn per unit of downside risk | +3.23 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.92 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | -0.59 | +4.05 |
| Martin ratioReturn relative to average drawdown | 9.77 | -1.22 | +10.99 |
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Drawdowns
HWM vs. T - Drawdown Comparison
The maximum HWM drawdown since its inception was -88.30%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for HWM and T.
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Drawdown Indicators
| HWM | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.30% | -64.15% | -24.15% |
Max Drawdown (1Y)Largest decline over 1 year | -15.89% | -21.87% | +5.98% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -21.87% | +2.46% |
Max Drawdown (5Y)Largest decline over 5 years | -21.61% | -32.01% | +10.40% |
Max Drawdown (10Y)Largest decline over 10 years | -64.81% | -42.35% | -22.46% |
Current DrawdownCurrent decline from peak | -3.26% | -18.12% | +14.86% |
Average DrawdownAverage peak-to-trough decline | -31.00% | -15.72% | -15.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.61% | 10.64% | -5.03% |
Volatility
HWM vs. T - Volatility Comparison
Howmet Aerospace Inc. (HWM) has a higher volatility of 11.03% compared to AT&T Inc. (T) at 8.21%. This indicates that HWM'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
| HWM | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.03% | 8.21% | +2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 25.03% | 17.80% | +7.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.46% | 22.13% | +9.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.20% | 24.01% | +8.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.82% | 23.73% | +16.09% |
Dividends
HWM vs. T - Dividend Comparison
HWM's dividend yield for the trailing twelve months is around 0.18%, less than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWM Howmet Aerospace Inc. | 0.18% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
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
HWM vs. T - Financials Comparison
This section allows you to compare key financial metrics between Howmet Aerospace Inc. 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
HWM and T have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HWM has higher volatility (11.03%) compared to T (8.21%). In terms of maximum drawdown, HWM dropped -88.30% vs T's -64.15%.
HWM currently has the higher Sharpe Ratio (1.75 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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