NLY vs. T
NLY (Annaly Capital Management, Inc.) and T (AT&T Inc.) are both stocks. NLY operates in REIT - Mortgage (Real Estate), while T operates in Telecom Services (Communication Services). Over the past 10 years, NLY returned 5.29%/yr vs 2.86%/yr for T. At a 0.24 correlation, their price movements are largely independent.
Performance
NLY vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, NLY achieves a -3.07% return, which is significantly higher than T's -7.40% return. Over the past 10 years, NLY has outperformed T with an annualized return of 5.29%, while T has yielded a comparatively lower 2.86% annualized return.
NLY
- 1D
- -1.23%
- 1M
- -7.30%
- YTD
- -3.07%
- 6M
- -1.18%
- 1Y
- 25.88%
- 3Y*
- 16.16%
- 5Y*
- 1.37%
- 10Y*
- 5.29%
T
- 1D
- -1.10%
- 1M
- -10.57%
- YTD
- -7.40%
- 6M
- -7.40%
- 1Y
- -16.38%
- 3Y*
- 18.39%
- 5Y*
- 6.60%
- 10Y*
- 2.86%
NLY vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NLY Annaly Capital Management, Inc. | -3.07% | 40.00% | 8.07% | 4.94% | -21.41% | 2.48% | 2.38% | 7.22% | -7.22% | 31.92% |
T AT&T Inc. | -7.40% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between NLY and T is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 1997 | 0.24 |
The correlation between NLY and T shifts across timeframes, from 0.05 (1 year) to 0.31 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NLY:
$3.28
T:
$3.04
NLY:
6.38
T:
7.39
NLY:
2.68
T:
1.29
NLY:
$5.21B
T:
$125.65B
NLY:
$5.17B
T:
$105.41B
NLY:
$5.65B
T:
$54.70B
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Return for Risk
NLY vs. T — Risk / Return Rank
NLY
T
NLY vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Annaly Capital Management, Inc. (NLY) 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.
| NLY | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.15 | ||
| Sortino ratioReturn per unit of downside risk | +2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.89 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | -0.75 | +2.50 |
| Martin ratioReturn relative to average drawdown | 5.22 | -1.59 | +6.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NLY | T | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | -0.75 | +2.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.28 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.12 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.38 | -0.07 |
Drawdowns
NLY vs. T - Drawdown Comparison
The maximum NLY drawdown since its inception was -60.09%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for NLY and T.
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Drawdown Indicators
| NLY | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.09% | -64.15% | +4.06% |
Max Drawdown (1Y)Largest decline over 1 year | -14.88% | -21.87% | +6.99% |
Max Drawdown (3Y)Largest decline over 3 years | -26.70% | -21.87% | -4.83% |
Max Drawdown (5Y)Largest decline over 5 years | -51.97% | -32.01% | -19.96% |
Max Drawdown (10Y)Largest decline over 10 years | -60.09% | -42.35% | -17.74% |
Current DrawdownCurrent decline from peak | -11.17% | -21.87% | +10.70% |
Average DrawdownAverage peak-to-trough decline | -13.75% | -15.72% | +1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.97% | 10.34% | -5.37% |
Volatility
NLY vs. T - Volatility Comparison
The current volatility for Annaly Capital Management, Inc. (NLY) is 3.97%, while AT&T Inc. (T) has a volatility of 7.50%. This indicates that NLY 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
| NLY | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 7.50% | -3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 14.66% | 17.57% | -2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.56% | 21.98% | -3.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.54% | 23.97% | +1.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.12% | 23.71% | +4.41% |
Dividends
NLY vs. T - Dividend Comparison
NLY's dividend yield for the trailing twelve months is around 13.36%, more than T's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLY Annaly Capital Management, Inc. | 13.36% | 12.52% | 14.21% | 13.42% | 16.70% | 11.25% | 10.77% | 11.15% | 12.22% | 10.09% | 12.04% | 12.79% |
T AT&T Inc. | 4.93% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
NLY vs. T - Financials Comparison
This section allows you to compare key financial metrics between Annaly Capital Management, Inc. 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
NLY and T have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (7.50%) compared to NLY (3.97%). In terms of maximum drawdown, NLY dropped -60.09% vs T's -64.15%.
NLY currently has the higher Sharpe Ratio (1.40 vs -0.75), 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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