T vs. FIVA

Last updated Jun 13, 2026

T (AT&T Inc.) is a stock, while FIVA (Fidelity International Value Factor ETF) is Foreign Large Cap Equities fund tracking the Fidelity® International Value Factor Index. Over the past 5 years, T returned 7.38%/yr vs 12.95%/yr for FIVA. At a 0.34 correlation, their price movements are largely independent.

Performance

T vs. FIVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. (T) and Fidelity International Value Factor ETF (FIVA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, T achieves a -2.96% return, which is significantly lower than FIVA's 15.07% return.

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%

FIVA

• 1D: 0.90%
• 1M: 3.31%
• YTD: 15.07%
• 6M: 17.30%
• 1Y: 36.22%
• 3Y*: 22.77%
• 5Y*: 12.95%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

T vs. FIVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
T AT&T Inc.	-2.96%	13.97%	44.08%	-2.74%	5.76%	-8.09%	-21.37%	45.55%	-19.04%
FIVA Fidelity International Value Factor ETF	15.07%	45.83%	2.53%	20.38%	-10.37%	15.90%	-1.78%	19.78%	-18.62%

Correlation

The correlation between T and FIVA is 0.00, 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	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jan 18, 2018	0.34

Over the past year, the correlation between T and FIVA has dropped to 0.00 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

Return for Risk

T vs. FIVA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

T

T Risk / Return Rank: 18
T Sharpe Ratio Rank: 17
T Sortino Ratio Rank: 17
T Omega Ratio Rank: 18
T Calmar Ratio Rank: 21
T Martin Ratio Rank: 15

FIVA

FIVA Risk / Return Rank: 77
FIVA Sharpe Ratio Rank: 82
FIVA Sortino Ratio Rank: 82
FIVA Omega Ratio Rank: 78
FIVA Calmar Ratio Rank: 71
FIVA Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

T vs. FIVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Fidelity International Value Factor ETF (FIVA). 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	FIVA	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	2.29	-2.88
Sortino ratio: Return per unit of downside risk	-0.72	3.17	-3.89
Omega ratio: Gain probability vs. loss probability	0.92	1.40	-0.48
Calmar ratio: Return relative to maximum drawdown	-0.59	3.11	-3.70
Martin ratio: Return relative to average drawdown	-1.22	12.13	-13.35

T vs. FIVA - Sharpe Ratio Comparison

The current T Sharpe Ratio is -0.59, which is lower than the FIVA Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of T and FIVA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

T vs. FIVA - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, which is greater than FIVA's maximum drawdown of -39.76%. Use the drawdown chart below to compare losses from any high point for T and FIVA.

Drawdown Indicators

	T	FIVA	Difference
Max Drawdown Largest peak-to-trough decline	-64.15%	-39.76%	-24.39%
Max Drawdown (1Y) Largest decline over 1 year	-21.87%	-11.71%	-10.16%
Max Drawdown (3Y) Largest decline over 3 years	-21.87%	-14.77%	-7.10%
Max Drawdown (5Y) Largest decline over 5 years	-32.01%	-28.70%	-3.31%
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	—	—
Current Drawdown Current decline from peak	-18.12%	0.00%	-18.12%
Average Drawdown Average peak-to-trough decline	-15.72%	-7.75%	-7.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.64%	3.00%	+7.64%

Volatility

T vs. FIVA - Volatility Comparison

AT&T Inc. (T) has a higher volatility of 8.21% compared to Fidelity International Value Factor ETF (FIVA) at 5.93%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than FIVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	T	FIVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.21%	5.93%	+2.28%
Volatility (6M) Calculated over the trailing 6-month period	17.80%	13.25%	+4.55%
Volatility (1Y) Calculated over the trailing 1-year period	22.13%	15.92%	+6.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.01%	16.46%	+7.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.73%	17.95%	+5.78%

Dividends

T vs. FIVA - Dividend Comparison

T's dividend yield for the trailing twelve months is around 4.71%, more than FIVA's 2.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIVA Fidelity International Value Factor ETF	2.48%	2.68%	3.52%	3.63%	3.62%	3.76%	2.46%	3.61%	3.28%	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%

Frequently Asked Questions

Can I hold both T and FIVA in my portfolio?

T and FIVA have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, T or FIVA?

T has higher volatility (8.21%) compared to FIVA (5.93%). In terms of maximum drawdown, T dropped -64.15% vs FIVA's -39.76%.

Which has better risk-adjusted returns?

FIVA currently has the higher Sharpe Ratio (2.29 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.