O vs. T
O (Realty Income Corporation) and T (AT&T Inc.) are both stocks. O operates in REIT - Retail (Real Estate), while T operates in Telecom Services (Communication Services). Over the past 10 years, O returned 4.89%/yr vs 3.33%/yr for T. At a 0.28 correlation, their price movements are largely independent.
Performance
O vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, O achieves a 13.70% return, which is significantly higher than T's -2.96% return. Over the past 10 years, O has outperformed T with an annualized return of 4.89%, while T has yielded a comparatively lower 3.33% annualized return.
O
- 1D
- 1.31%
- 1M
- 2.40%
- YTD
- 13.70%
- 6M
- 11.57%
- 1Y
- 14.25%
- 3Y*
- 6.59%
- 5Y*
- 3.49%
- 10Y*
- 4.89%
T
- 1D
- 2.52%
- 1M
- -4.69%
- YTD
- -2.96%
- 6M
- -1.93%
- 1Y
- -12.96%
- 3Y*
- 20.58%
- 5Y*
- 7.38%
- 10Y*
- 3.33%
O vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 13.70% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
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 O and T is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 1994 | 0.28 |
Fundamentals
O:
$1.17
T:
$3.04
O:
53.41
T:
7.74
O:
4.35
T:
0.32
O:
7.22
T:
1.35
O:
$5.92B
T:
$125.65B
O:
$3.89B
T:
$105.41B
O:
$3.93B
T:
$54.70B
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Return for Risk
O vs. T — Risk / Return Rank
O
T
O vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Realty Income Corporation (O) 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.
| O | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.92 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | -0.59 | +1.88 |
| Martin ratioReturn relative to average drawdown | 3.12 | -1.22 | +4.34 |
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Drawdowns
O vs. T - Drawdown Comparison
The maximum O drawdown since its inception was -48.45%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for O and T.
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Drawdown Indicators
| O | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -64.15% | +15.70% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -21.87% | +10.77% |
Max Drawdown (3Y)Largest decline over 3 years | -26.49% | -21.87% | -4.62% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -32.01% | -2.47% |
Max Drawdown (10Y)Largest decline over 10 years | -48.28% | -42.35% | -5.93% |
Current DrawdownCurrent decline from peak | -5.94% | -18.12% | +12.18% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -15.72% | +6.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 10.64% | -6.06% |
Volatility
O vs. T - Volatility Comparison
The current volatility for Realty Income Corporation (O) is 5.29%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that O 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
| O | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 8.21% | -2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 17.80% | -5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 22.13% | -5.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 24.01% | -5.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.64% | 23.73% | +1.91% |
Dividends
O vs. T - Dividend Comparison
O's dividend yield for the trailing twelve months is around 5.16%, more than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 5.16% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
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
O vs. T - Financials Comparison
This section allows you to compare key financial metrics between Realty Income 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
O and T have a correlation of 0.32, 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 O (5.29%). In terms of maximum drawdown, O dropped -48.45% vs T's -64.15%.
O currently has the higher Sharpe Ratio (0.88 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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