MDT vs. T
MDT (Medtronic plc) and T (AT&T Inc.) are both stocks. MDT operates in Medical Devices (Healthcare), while T operates in Telecom Services (Communication Services). Over the past 10 years, MDT returned 2.10%/yr vs 1.72%/yr for T. At a 0.28 correlation, their price movements are largely independent.
Performance
MDT vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, MDT achieves a -11.18% return, which is significantly higher than T's -11.88% return. Over the past 10 years, MDT has outperformed T with an annualized return of 2.10%, while T has yielded a comparatively lower 1.72% annualized return.
MDT
- 1D
- 1.80%
- 1M
- 5.52%
- 6M
- -12.52%
- YTD
- -11.18%
- 1Y
- -3.70%
- 3Y*
- 1.97%
- 5Y*
- -5.21%
- 10Y*
- 2.10%
T
- 1D
- 1.77%
- 1M
- -9.19%
- 6M
- -8.76%
- YTD
- -11.88%
- 1Y
- -17.97%
- 3Y*
- 17.56%
- 5Y*
- 5.58%
- 10Y*
- 1.72%
MDT vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | -11.18% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
T AT&T Inc. | -11.88% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between MDT and T is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1984 | 0.28 |
The correlation between MDT and T shifts across timeframes, from 0.21 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MDT:
$107.36B
T:
$146.82B
MDT:
$3.73
T:
$3.05
MDT:
22.50
T:
6.93
MDT:
11.69
T:
0.29
MDT:
2.97
T:
1.21
MDT:
$36.36B
T:
$125.65B
MDT:
$23.64B
T:
$105.41B
MDT:
$9.72B
T:
$54.70B
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Return for Risk
MDT vs. T — Risk / Return Rank
MDT
T
MDT vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Medtronic plc (MDT) 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.
| MDT | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.87 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | -0.69 | +0.58 |
| Martin ratioReturn relative to average drawdown | -0.24 | -1.60 | +1.36 |
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Drawdowns
MDT vs. T - Drawdown Comparison
The maximum MDT drawdown since its inception was -57.63%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for MDT and T.
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Drawdown Indicators
| MDT | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.63% | -64.15% | +6.52% |
Max Drawdown (1Y)Largest decline over 1 year | -28.90% | -28.89% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -28.89% | -0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -45.10% | -32.01% | -13.09% |
Max Drawdown (10Y)Largest decline over 10 years | -45.10% | -42.35% | -2.75% |
Current DrawdownCurrent decline from peak | -27.43% | -25.65% | -1.78% |
Average DrawdownAverage peak-to-trough decline | -16.57% | -15.73% | -0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.88% | 12.43% | +0.45% |
Volatility
MDT vs. T - Volatility Comparison
The current volatility for Medtronic plc (MDT) is 8.91%, while AT&T Inc. (T) has a volatility of 10.05%. This indicates that MDT 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
| MDT | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.91% | 10.05% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 17.95% | 19.73% | -1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.38% | 23.51% | -1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.21% | 24.34% | -2.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.35% | 23.88% | -0.53% |
Dividends
MDT vs. T - Dividend Comparison
MDT's dividend yield for the trailing twelve months is around 3.40%, less than T's 5.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | 3.40% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
T AT&T Inc. | 5.25% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
MDT vs. T - Financials Comparison
This section allows you to compare key financial metrics between Medtronic plc 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
MDT and T have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (10.05%) compared to MDT (8.91%). In terms of maximum drawdown, MDT dropped -57.63% vs T's -64.15%.
MDT currently has the higher Sharpe Ratio (-0.14 vs -0.85), 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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