PANW vs. T
PANW (Palo Alto Networks, Inc.) and T (AT&T Inc.) are both stocks. PANW operates in Software - Infrastructure (Technology), while T operates in Telecom Services (Communication Services). Over the past 10 years, PANW returned 29.12%/yr vs 3.33%/yr for T. At a 0.09 correlation, their price movements are largely independent.
Performance
PANW vs. T - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PANW achieves a 51.80% return, which is significantly higher than T's -2.96% return. Over the past 10 years, PANW has outperformed T with an annualized return of 29.12%, while T has yielded a comparatively lower 3.33% annualized return.
PANW
- 1D
- 0.03%
- 1M
- 15.15%
- YTD
- 51.80%
- 6M
- 45.87%
- 1Y
- 42.47%
- 3Y*
- 33.77%
- 5Y*
- 35.61%
- 10Y*
- 29.12%
T
- 1D
- 2.52%
- 1M
- -1.87%
- YTD
- -2.96%
- 6M
- -1.93%
- 1Y
- -12.71%
- 3Y*
- 20.58%
- 5Y*
- 7.38%
- 10Y*
- 3.33%
PANW vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PANW Palo Alto Networks, Inc. | 51.80% | 1.23% | 23.41% | 111.32% | -24.81% | 56.66% | 53.68% | 22.78% | 29.95% | 15.91% |
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 PANW and T is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2012 | 0.09 |
The correlation between PANW and T shifts across timeframes, from -0.15 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PANW:
$1.17
T:
$3.04
PANW:
238.46
T:
7.74
PANW:
0.02
T:
0.32
PANW:
18.95
T:
1.35
PANW:
$10.61B
T:
$125.65B
PANW:
$7.63B
T:
$105.41B
PANW:
$1.33B
T:
$54.70B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PANW vs. T — Risk / Return Rank
PANW
T
PANW vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palo Alto Networks, Inc. (PANW) 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.
| PANW | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.66 | ||
| Sortino ratioReturn per unit of downside risk | +2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.92 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | -0.59 | +1.75 |
| Martin ratioReturn relative to average drawdown | 2.62 | -1.22 | +3.84 |
Loading charts...
Drawdowns
PANW vs. T - Drawdown Comparison
The maximum PANW drawdown since its inception was -47.98%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for PANW and T.
Loading charts...
Drawdown Indicators
| PANW | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.98% | -64.15% | +16.17% |
Max Drawdown (1Y)Largest decline over 1 year | -36.01% | -21.87% | -14.14% |
Max Drawdown (3Y)Largest decline over 3 years | -36.01% | -21.87% | -14.14% |
Max Drawdown (5Y)Largest decline over 5 years | -36.01% | -32.01% | -4.00% |
Max Drawdown (10Y)Largest decline over 10 years | -47.98% | -42.35% | -5.63% |
Current DrawdownCurrent decline from peak | -6.94% | -18.12% | +11.18% |
Average DrawdownAverage peak-to-trough decline | -14.68% | -15.72% | +1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.87% | 10.64% | +5.23% |
Volatility
PANW vs. T - Volatility Comparison
Palo Alto Networks, Inc. (PANW) has a higher volatility of 16.97% compared to AT&T Inc. (T) at 8.21%. This indicates that PANW'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.
Loading charts...
Volatility by Period
| PANW | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.97% | 8.21% | +8.76% |
Volatility (6M)Calculated over the trailing 6-month period | 32.33% | 17.80% | +14.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.96% | 22.13% | +16.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.72% | 24.01% | +17.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.62% | 23.73% | +14.89% |
Dividends
PANW vs. T - Dividend Comparison
PANW has not paid dividends to shareholders, while T's dividend yield for the trailing twelve months is around 4.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PANW Palo Alto Networks, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
PANW vs. T - Financials Comparison
This section allows you to compare key financial metrics between Palo Alto Networks, 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
PANW and T have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PANW has higher volatility (16.97%) compared to T (8.21%). In terms of maximum drawdown, PANW dropped -47.98% vs T's -64.15%.
PANW currently has the higher Sharpe Ratio (1.07 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.
Find the right allocation for PANW and T
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer