IP vs. T
IP (International Paper Company) and T (AT&T Inc.) are both stocks. IP operates in Packaging & Containers (Consumer Cyclical), while T operates in Telecom Services (Communication Services). Over the past 10 years, IP returned 3.48%/yr vs 3.33%/yr for T. At a 0.30 correlation, their price movements are largely independent.
Performance
IP vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, IP achieves a -5.93% return, which is significantly lower than T's -2.96% return. Both investments have delivered pretty close results over the past 10 years, with IP having a 3.48% annualized return and T not far behind at 3.33%.
IP
- 1D
- 3.43%
- 1M
- 21.24%
- YTD
- -5.93%
- 6M
- -3.85%
- 1Y
- -17.46%
- 3Y*
- 9.44%
- 5Y*
- -5.62%
- 10Y*
- 3.48%
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%
IP vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IP International Paper Company | -5.93% | -23.83% | 55.31% | 10.20% | -23.05% | 3.48% | 13.83% | 19.47% | -27.72% | 13.13% |
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 IP and T is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1984 | 0.30 |
The correlation between IP and T shifts across timeframes, from 0.17 (3 years) to 0.34 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
IP:
-$6.29
T:
$3.04
IP:
0.77
T:
1.35
IP:
$24.97B
T:
$125.65B
IP:
$7.44B
T:
$105.41B
IP:
-$41.00M
T:
$54.70B
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Return for Risk
IP vs. T — Risk / Return Rank
IP
T
IP vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Paper Company (IP) 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.
| IP | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.92 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.59 | +0.16 |
| Martin ratioReturn relative to average drawdown | -0.78 | -1.22 | +0.44 |
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Drawdowns
IP vs. T - Drawdown Comparison
The maximum IP drawdown since its inception was -90.62%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for IP and T.
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Drawdown Indicators
| IP | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.62% | -64.15% | -26.47% |
Max Drawdown (1Y)Largest decline over 1 year | -45.52% | -21.87% | -23.65% |
Max Drawdown (3Y)Largest decline over 3 years | -48.61% | -21.87% | -26.74% |
Max Drawdown (5Y)Largest decline over 5 years | -48.61% | -32.01% | -16.60% |
Max Drawdown (10Y)Largest decline over 10 years | -55.27% | -42.35% | -12.92% |
Current DrawdownCurrent decline from peak | -35.82% | -18.12% | -17.70% |
Average DrawdownAverage peak-to-trough decline | -20.89% | -15.72% | -5.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.34% | 10.64% | +14.70% |
Volatility
IP vs. T - Volatility Comparison
International Paper Company (IP) has a higher volatility of 15.74% compared to AT&T Inc. (T) at 8.21%. This indicates that IP'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
| IP | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.74% | 8.21% | +7.53% |
Volatility (6M)Calculated over the trailing 6-month period | 32.96% | 17.80% | +15.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.63% | 22.13% | +20.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.86% | 24.01% | +8.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.35% | 23.73% | +8.62% |
Dividends
IP vs. T - Dividend Comparison
IP's dividend yield for the trailing twelve months is around 5.12%, more than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IP International Paper Company | 5.12% | 4.70% | 3.44% | 5.12% | 5.34% | 4.08% | 4.12% | 4.37% | 4.77% | 3.21% | 3.36% | 4.35% |
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
IP vs. T - Financials Comparison
This section allows you to compare key financial metrics between International Paper Company 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
IP and T have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IP has higher volatility (15.74%) compared to T (8.21%). In terms of maximum drawdown, IP dropped -90.62% vs T's -64.15%.
IP currently has the higher Sharpe Ratio (-0.46 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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