MA vs. TMUS

Last updated Jun 9, 2026

MA (Mastercard Incorporated) and TMUS (T-Mobile US, Inc.) are both stocks. MA operates in Credit Services (Financial Services), while TMUS operates in Telecom Services (Communication Services). Over the past 10 years, MA returned 18.40%/yr vs 16.10%/yr for TMUS. At a 0.33 correlation, their price movements are largely independent.

Performance

MA vs. TMUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mastercard Incorporated (MA) and T-Mobile US, Inc. (TMUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MA achieves a -14.65% return, which is significantly lower than TMUS's -11.22% return. Over the past 10 years, MA has outperformed TMUS with an annualized return of 18.40%, while TMUS has yielded a comparatively lower 16.10% annualized return.

MA

• 1D: -1.10%
• 1M: -1.98%
• YTD: -14.65%
• 6M: -9.84%
• 1Y: -17.21%
• 3Y*: 10.21%
• 5Y*: 6.59%
• 10Y*: 18.40%

TMUS

• 1D: 0.19%
• 1M: -7.35%
• YTD: -11.22%
• 6M: -11.83%
• 1Y: -26.06%
• 3Y*: 12.41%
• 5Y*: 4.85%
• 10Y*: 16.10%

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

MA vs. TMUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MA Mastercard Incorporated	-14.65%	9.04%	24.17%	23.40%	-2.66%	1.16%	20.19%	59.16%	25.31%	47.69%
TMUS T-Mobile US, Inc.	-11.22%	-6.58%	39.70%	15.02%	20.71%	-13.99%	71.96%	23.28%	0.16%	10.43%

Correlation

The correlation between MA and TMUS is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Apr 19, 2007	0.33

Over the past year, the correlation between MA and TMUS has dropped to 0.11 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Fundamentals

Market Cap MA : $433.70B TMUS : $196.64B
EPS MA : $17.28 TMUS : $9.41
PE Ratio MA : 28.11 TMUS : 18.96
PEG Ratio MA : 1.64 TMUS : 0.29
PS Ratio MA : 12.90 TMUS : 2.21
PB Ratio MA : 64.52 TMUS : 3.52
Total Revenue (TTM) MA : $33.94B TMUS : $90.53B
Gross Profit (TTM) MA : $26.70B TMUS : $34.92B
EBITDA (TTM) MA : $21.23B TMUS : $28.22B

Return for Risk

MA vs. TMUS — Risk / Return Rank

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

MA

MA Risk / Return Rank: 9
MA Sharpe Ratio Rank: 10
MA Sortino Ratio Rank: 12
MA Omega Ratio Rank: 13
MA Calmar Ratio Rank: 10
MA Martin Ratio Rank: 3

TMUS

TMUS Risk / Return Rank: 6
TMUS Sharpe Ratio Rank: 4
TMUS Sortino Ratio Rank: 6
TMUS Omega Ratio Rank: 8
TMUS Calmar Ratio Rank: 8
TMUS Martin Ratio Rank: 6

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.

MA vs. TMUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mastercard Incorporated (MA) and T-Mobile US, Inc. (TMUS). 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.

	MA	TMUS	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	-1.05	+0.27
Sortino ratio: Return per unit of downside risk	-0.97	-1.49	+0.52
Omega ratio: Gain probability vs. loss probability	0.88	0.83	+0.05
Calmar ratio: Return relative to maximum drawdown	-0.83	-0.86	+0.03
Martin ratio: Return relative to average drawdown	-1.68	-1.49	-0.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MA vs. TMUS - Sharpe Ratio Comparison

The current MA Sharpe Ratio is -0.78, which is comparable to the TMUS Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of MA and TMUS, 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

	MA	TMUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.78	-1.05	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.20	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.62	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.20	+0.63

Drawdowns

MA vs. TMUS - Drawdown Comparison

The maximum MA drawdown since its inception was -62.67%, smaller than the maximum TMUS drawdown of -86.29%. Use the drawdown chart below to compare losses from any high point for MA and TMUS.

Drawdown Indicators

	MA	TMUS	Difference
Max Drawdown Largest peak-to-trough decline	-62.67%	-86.29%	+23.62%
Max Drawdown (1Y) Largest decline over 1 year	-20.91%	-30.37%	+9.46%
Max Drawdown (3Y) Largest decline over 3 years	-20.91%	-33.65%	+12.74%
Max Drawdown (5Y) Largest decline over 5 years	-28.25%	-33.65%	+5.40%
Max Drawdown (10Y) Largest decline over 10 years	-41.00%	-33.65%	-7.35%
Current Drawdown Current decline from peak	-18.55%	-33.12%	+14.57%
Average Drawdown Average peak-to-trough decline	-9.82%	-25.96%	+16.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.26%	17.64%	-7.38%

Volatility

MA vs. TMUS - Volatility Comparison

The current volatility for Mastercard Incorporated (MA) is 6.33%, while T-Mobile US, Inc. (TMUS) has a volatility of 6.91%. This indicates that MA experiences smaller price fluctuations and is considered to be less risky than TMUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MA	TMUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	6.91%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	17.37%	19.14%	-1.77%
Volatility (1Y) Calculated over the trailing 1-year period	22.28%	25.04%	-2.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.99%	23.86%	+0.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.93%	26.08%	+0.85%

Dividends

MA vs. TMUS - Dividend Comparison

MA's dividend yield for the trailing twelve months is around 0.67%, less than TMUS's 2.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MA Mastercard Incorporated	0.67%	0.53%	0.50%	0.53%	0.56%	0.49%	0.45%	0.44%	0.53%	0.58%	0.74%	0.66%
TMUS T-Mobile US, Inc.	2.21%	1.80%	1.28%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

MA vs. TMUS - Profitability Comparison

The chart below illustrates the profitability comparison between Mastercard Incorporated and T-Mobile US, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported a gross profit of 4.91B and revenue of 8.40B. Therefore, the gross margin over that period was 58.4%.

TMUS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported a gross profit of 0.00 and revenue of 23.11B. Therefore, the gross margin over that period was 0.0%.

MA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported an operating income of 4.91B and revenue of 8.40B, resulting in an operating margin of 58.4%.

TMUS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported an operating income of 4.50B and revenue of 23.11B, resulting in an operating margin of 19.5%.

MA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mastercard Incorporated reported a net income of 3.88B and revenue of 8.40B, resulting in a net margin of 46.2%.

TMUS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported a net income of 2.50B and revenue of 23.11B, resulting in a net margin of 10.8%.

Frequently Asked Questions

Can I hold both MA and TMUS in my portfolio?

MA and TMUS have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MA or TMUS?

TMUS has higher volatility (6.91%) compared to MA (6.33%). In terms of maximum drawdown, MA dropped -62.67% vs TMUS's -86.29%.

Which has better risk-adjusted returns?

MA currently has the higher Sharpe Ratio (-0.78 vs -1.05), 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.