T vs. CVX
T (AT&T Inc.) and CVX (Chevron Corporation) are both stocks. T operates in Telecom Services (Communication Services), while CVX operates in Oil & Gas Integrated (Energy). Over the past 10 years, T returned 2.10%/yr vs 10.61%/yr for CVX. At a 0.36 correlation, their price movements are largely independent.
Performance
T vs. CVX - Performance Comparison
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Returns By Period
In the year-to-date period, T achieves a -7.04% return, which is significantly lower than CVX's 26.84% return. Over the past 10 years, T has underperformed CVX with an annualized return of 2.10%, while CVX has yielded a comparatively higher 10.61% annualized return.
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%
CVX
- 1D
- 1.24%
- 1M
- 9.26%
- 6M
- 16.28%
- YTD
- 26.84%
- 1Y
- 31.74%
- 3Y*
- 10.70%
- 5Y*
- 18.47%
- 10Y*
- 10.61%
- ALL TIME*
- 10.29%
T vs. CVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | -7.04% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
CVX Chevron Corporation | 26.84% | 10.10% | 1.29% | -13.63% | 58.46% | 46.24% | -25.95% | 15.27% | -9.75% | 10.59% |
Correlation
The correlation between T and CVX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2001 | 0.36 |
The correlation between T and CVX shifts across timeframes, from 0.18 (3 years) to 0.36 (all time), reflecting how their relationship changes across market environments.
Fundamentals
T:
$152.52B
CVX:
$377.75B
T:
$3.05
CVX:
$5.57
T:
7.19
CVX:
34.06
T:
0.30
CVX:
3.31
T:
1.25
CVX:
2.02
T:
$125.65B
CVX:
$185.89B
T:
$105.41B
CVX:
$47.27B
T:
$54.70B
CVX:
$40.44B
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Return for Risk
T vs. CVX — Risk / Return Rank
T
CVX
T vs. CVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Chevron Corporation (CVX). 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.
| T | CVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.97 | ||
| Sortino ratioReturn per unit of downside risk | -2.59 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.25 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 1.53 | -2.00 |
| Martin ratioReturn relative to average drawdown | -1.03 | 4.23 | -5.26 |
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Drawdowns
T vs. CVX - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, which is greater than CVX's maximum drawdown of -55.77%. Use the drawdown chart below to compare losses from any high point for T and CVX.
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Drawdown Indicators
| T | CVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -55.77% | -8.38% |
Max Drawdown (1Y)Largest decline over 1 year | -28.89% | -20.81% | -8.08% |
Max Drawdown (3Y)Largest decline over 3 years | -28.89% | -20.81% | -8.08% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -24.95% | -7.06% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -55.77% | +13.42% |
Current DrawdownCurrent decline from peak | -21.57% | -9.33% | -12.24% |
Average DrawdownAverage peak-to-trough decline | -15.74% | -11.40% | -4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.94% | 7.53% | +5.41% |
Volatility
T vs. CVX - Volatility Comparison
AT&T Inc. (T) has a higher volatility of 9.59% compared to Chevron Corporation (CVX) at 7.57%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than CVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | CVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.59% | 7.57% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 19.91% | 17.72% | +2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 22.73% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.38% | 25.16% | -0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.92% | 29.25% | -5.33% |
Dividends
T vs. CVX - Dividend Comparison
T's dividend yield for the trailing twelve months is around 6.58%, more than CVX's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVX Chevron Corporation | 3.68% | 4.49% | 4.50% | 4.05% | 3.16% | 4.52% | 6.11% | 3.95% | 4.12% | 3.45% | 3.64% | 4.76% |
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
T vs. CVX - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Chevron Corporation. 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
T and CVX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (9.59%) compared to CVX (7.57%). In terms of maximum drawdown, T dropped -64.15% vs CVX's -55.77%.
CVX currently has the higher Sharpe Ratio (1.41 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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