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 2.15%/yr vs 2.37%/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 -16.80% return, which is significantly lower than T's -9.05% return. Over the past 10 years, MDT has underperformed T with an annualized return of 2.15%, while T has yielded a comparatively higher 2.37% annualized return.
MDT
- 1D
- -0.09%
- 1M
- 0.85%
- YTD
- -16.80%
- 6M
- -17.61%
- 1Y
- -5.27%
- 3Y*
- -0.30%
- 5Y*
- -5.95%
- 10Y*
- 2.15%
T
- 1D
- 0.41%
- 1M
- -12.51%
- YTD
- -9.05%
- 6M
- -7.03%
- 1Y
- -16.95%
- 3Y*
- 18.94%
- 5Y*
- 6.49%
- 10Y*
- 2.37%
MDT vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | -16.80% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
T AT&T Inc. | -9.05% | 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 0.18, 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 | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
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 0.18 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MDT:
$3.73
T:
$3.04
MDT:
21.27
T:
7.26
MDT:
11.05
T:
0.30
MDT:
2.81
T:
1.26
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 | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.89 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | -0.72 | +0.54 |
| Martin ratioReturn relative to average drawdown | -0.44 | -1.54 | +1.09 |
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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% | -23.57% | -5.33% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -23.57% | -5.33% |
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 | -32.02% | -23.26% | -8.76% |
Average DrawdownAverage peak-to-trough decline | -16.55% | -15.72% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.96% | 11.06% | +0.90% |
Volatility
MDT vs. T - Volatility Comparison
Medtronic plc (MDT) has a higher volatility of 10.05% compared to AT&T Inc. (T) at 7.92%. This indicates that MDT'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
| MDT | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.05% | 7.92% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 16.78% | 18.08% | -1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.39% | 22.46% | -1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.00% | 24.08% | -2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.29% | 23.77% | -0.48% |
Dividends
MDT vs. T - Dividend Comparison
MDT's dividend yield for the trailing twelve months is around 3.58%, less than T's 5.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | 3.58% | 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. | 5.02% | 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 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (10.05%) compared to T (7.92%). In terms of maximum drawdown, MDT dropped -57.63% vs T's -64.15%.
MDT currently has the higher Sharpe Ratio (-0.25 vs -0.76), 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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