L vs. T
L (Loews Corporation) and T (AT&T Inc.) are both stocks. L operates in Insurance - Property & Casualty (Financial Services), while T operates in Telecom Services (Communication Services). Over the past 10 years, L returned 11.24%/yr vs 3.33%/yr for T. At a 0.35 correlation, their price movements are largely independent.
Performance
L vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, L achieves a 2.79% return, which is significantly higher than T's -2.96% return. Over the past 10 years, L has outperformed T with an annualized return of 11.24%, while T has yielded a comparatively lower 3.33% annualized return.
L
- 1D
- 0.70%
- 1M
- 2.25%
- YTD
- 2.79%
- 6M
- 3.77%
- 1Y
- 22.24%
- 3Y*
- 22.56%
- 5Y*
- 14.36%
- 10Y*
- 11.24%
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%
L vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
L Loews Corporation | 2.79% | 24.68% | 22.09% | 19.78% | 1.41% | 28.89% | -13.69% | 15.89% | -8.56% | 8.56% |
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 L and T is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 1987 | 0.35 |
The correlation between L and T shifts across timeframes, from 0.23 (1 year) to 0.41 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
L:
$8.96
T:
$3.04
L:
12.06
T:
7.74
L:
0.71
T:
0.32
L:
1.23
T:
1.35
L:
$18.29B
T:
$125.65B
L:
$8.42B
T:
$105.41B
L:
$2.64B
T:
$54.70B
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Return for Risk
L vs. T — Risk / Return Rank
L
T
L vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loews Corporation (L) 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.
| L | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.93 | ||
| Sortino ratioReturn per unit of downside risk | +2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.92 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | -0.59 | +3.30 |
| Martin ratioReturn relative to average drawdown | 6.93 | -1.22 | +8.15 |
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Drawdowns
L vs. T - Drawdown Comparison
The maximum L drawdown since its inception was -65.58%, roughly equal to the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for L and T.
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Drawdown Indicators
| L | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.58% | -64.15% | -1.43% |
Max Drawdown (1Y)Largest decline over 1 year | -7.99% | -21.87% | +13.88% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -21.87% | +9.71% |
Max Drawdown (5Y)Largest decline over 5 years | -26.11% | -32.01% | +5.90% |
Max Drawdown (10Y)Largest decline over 10 years | -48.53% | -42.35% | -6.18% |
Current DrawdownCurrent decline from peak | -3.93% | -18.12% | +14.19% |
Average DrawdownAverage peak-to-trough decline | -16.74% | -15.72% | -1.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 10.64% | -7.53% |
Volatility
L vs. T - Volatility Comparison
The current volatility for Loews Corporation (L) is 5.39%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that L 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
| L | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 8.21% | -2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 12.62% | 17.80% | -5.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.08% | 22.13% | -6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.63% | 24.01% | -4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.65% | 23.73% | +1.92% |
Dividends
L vs. T - Dividend Comparison
L's dividend yield for the trailing twelve months is around 0.23%, less than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
L Loews Corporation | 0.23% | 0.24% | 0.30% | 0.36% | 0.43% | 0.43% | 0.56% | 0.48% | 0.55% | 1.58% | 0.53% | 0.65% |
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
L vs. T - Financials Comparison
This section allows you to compare key financial metrics between Loews Corporation 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
L and T have a correlation of 0.23, 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 L (5.39%). In terms of maximum drawdown, L dropped -65.58% vs T's -64.15%.
L currently has the higher Sharpe Ratio (1.35 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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