STLD vs. T
STLD (Steel Dynamics, Inc.) and T (AT&T Inc.) are both stocks. STLD operates in Steel (Basic Materials), while T operates in Telecom Services (Communication Services). Over the past 10 years, STLD returned 26.69%/yr vs 2.10%/yr for T. At a 0.23 correlation, their price movements are largely independent.
Performance
STLD vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, STLD achieves a 36.75% return, which is significantly higher than T's -7.04% return. Over the past 10 years, STLD has outperformed T with an annualized return of 26.69%, while T has yielded a comparatively lower 2.10% annualized return.
STLD
- 1D
- -2.13%
- 1M
- -7.56%
- 6M
- 33.50%
- YTD
- 36.75%
- 1Y
- 77.20%
- 3Y*
- 33.82%
- 5Y*
- 33.12%
- 10Y*
- 26.69%
- ALL TIME*
- 16.08%
T
- 1D
- 0.64%
- 1M
- 2.62%
- 6M
- -2.84%
- YTD
- -7.04%
- 1Y
- -13.37%
- 3Y*
- 20.93%
- 5Y*
- 7.13%
- 10Y*
- 2.10%
- ALL TIME*
- 9.35%
STLD vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STLD Steel Dynamics, Inc. | 36.75% | 50.70% | -1.99% | 22.75% | 60.14% | 71.42% | 12.46% | 16.78% | -29.02% | 23.34% |
T AT&T Inc. | -7.04% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between STLD and T is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 1996 | 0.23 |
Over the past year, the correlation between STLD and T has dropped to 0.01 - well below their long-term average of 0.23, suggesting their price drivers have been diverging.
Fundamentals
STLD:
$33.24B
T:
$152.52B
STLD:
$9.38
T:
$3.05
STLD:
24.57
T:
7.19
STLD:
1.77
T:
1.25
STLD:
$19.01B
T:
$125.65B
STLD:
$2.66B
T:
$105.41B
STLD:
$2.23B
T:
$54.70B
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Return for Risk
STLD vs. T — Risk / Return Rank
STLD
T
STLD vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Steel Dynamics, Inc. (STLD) 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.
| STLD | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.78 | ||
| Sortino ratioReturn per unit of downside risk | +3.51 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.92 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | -0.46 | +4.01 |
| Martin ratioReturn relative to average drawdown | 10.26 | -1.03 | +11.29 |
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Drawdowns
STLD vs. T - Drawdown Comparison
The maximum STLD drawdown since its inception was -87.05%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for STLD and T.
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Drawdown Indicators
| STLD | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.05% | -64.15% | -22.90% |
Max Drawdown (1Y)Largest decline over 1 year | -21.88% | -28.89% | +7.01% |
Max Drawdown (3Y)Largest decline over 3 years | -28.66% | -28.89% | +0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -32.20% | -32.01% | -0.19% |
Max Drawdown (10Y)Largest decline over 10 years | -68.46% | -42.35% | -26.11% |
Current DrawdownCurrent decline from peak | -18.30% | -21.57% | +3.27% |
Average DrawdownAverage peak-to-trough decline | -33.21% | -15.74% | -17.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.55% | 12.94% | -5.39% |
Volatility
STLD vs. T - Volatility Comparison
Steel Dynamics, Inc. (STLD) has a higher volatility of 12.76% compared to AT&T Inc. (T) at 9.59%. This indicates that STLD'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
| STLD | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.76% | 9.59% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 27.59% | 19.91% | +7.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.15% | 23.72% | +11.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.11% | 24.38% | +13.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.39% | 23.92% | +15.47% |
Dividends
STLD vs. T - Dividend Comparison
STLD's dividend yield for the trailing twelve months is around 0.89%, less than T's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STLD Steel Dynamics, Inc. | 0.89% | 1.18% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.08% |
T AT&T Inc. | 6.58% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
STLD vs. T - Financials Comparison
This section allows you to compare key financial metrics between Steel Dynamics, 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
STLD and T have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STLD has higher volatility (12.76%) compared to T (9.59%). In terms of maximum drawdown, STLD dropped -87.05% vs T's -64.15%.
STLD currently has the higher Sharpe Ratio (2.21 vs -0.57), 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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