T vs. DOW
T (AT&T Inc.) and DOW (Dow Inc.) are both stocks. T operates in Telecom Services (Communication Services), while DOW operates in Chemicals (Basic Materials). Over the past 5 years, T returned 6.60%/yr vs -8.18%/yr for DOW. At a 0.33 correlation, their price movements are largely independent.
Performance
T vs. DOW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, T achieves a -7.40% return, which is significantly lower than DOW's 49.52% return.
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%
DOW
- 1D
- 0.68%
- 1M
- -6.30%
- YTD
- 49.52%
- 6M
- 52.92%
- 1Y
- 26.06%
- 3Y*
- -7.69%
- 5Y*
- -8.18%
- 10Y*
- —
T vs. DOW - Yearly Performance Comparison
Correlation
The correlation between T and DOW is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2019 | 0.33 |
Over the past year, the correlation between T and DOW has dropped to 0.09 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
T:
$3.04
DOW:
-$3.86
T:
1.29
DOW:
0.62
T:
$125.65B
DOW:
$39.33B
T:
$105.41B
DOW:
$2.42B
T:
$54.70B
DOW:
$840.00M
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
T vs. DOW — Risk / Return Rank
T
DOW
T vs. DOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Dow Inc. (DOW). 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.
| T | DOW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.13 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 0.82 | -1.57 |
| Martin ratioReturn relative to average drawdown | -1.59 | 1.54 | -3.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| T | DOW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | 0.53 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | -0.25 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.01 | +0.37 |
Drawdowns
T vs. DOW - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, roughly equal to the maximum DOW drawdown of -64.37%. Use the drawdown chart below to compare losses from any high point for T and DOW.
Loading charts...
Drawdown Indicators
| T | DOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -64.37% | +0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -32.02% | +10.15% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -62.16% | +40.29% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -64.37% | +32.36% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | — | — |
Current DrawdownCurrent decline from peak | -21.87% | -38.56% | +16.69% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -22.75% | +7.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.34% | 16.93% | -6.59% |
Volatility
T vs. DOW - Volatility Comparison
The current volatility for AT&T Inc. (T) is 7.50%, while Dow Inc. (DOW) has a volatility of 9.44%. This indicates that T experiences smaller price fluctuations and is considered to be less risky than DOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| T | DOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | 9.44% | -1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 17.57% | 33.01% | -15.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 49.50% | -27.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.97% | 33.52% | -9.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.71% | 38.65% | -14.94% |
Dividends
T vs. DOW - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.93%, more than DOW's 4.09% yield.
Financials
T vs. DOW - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Dow 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
T and DOW have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOW has higher volatility (9.44%) compared to T (7.50%). In terms of maximum drawdown, T dropped -64.15% vs DOW's -64.37%.
DOW currently has the higher Sharpe Ratio (0.53 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.
Find the right allocation for T and DOW
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