T vs. FNV
T (AT&T Inc.) and FNV (Franco-Nevada Corporation) are both stocks. T operates in Telecom Services (Communication Services), while FNV operates in Gold (Basic Materials). Over the past 10 years, T returned 2.24%/yr vs 12.09%/yr for FNV. At a 0.11 correlation, their price movements are largely independent.
Performance
T vs. FNV - Performance Comparison
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Returns By Period
In the year-to-date period, T achieves a -5.73% return, which is significantly lower than FNV's 0.44% return. Over the past 10 years, T has underperformed FNV with an annualized return of 2.24%, while FNV has yielded a comparatively higher 12.09% annualized return.
T
- 1D
- 1.41%
- 1M
- 4.07%
- 6M
- -1.30%
- YTD
- -5.73%
- 1Y
- -13.56%
- 3Y*
- 21.50%
- 5Y*
- 7.35%
- 10Y*
- 2.24%
- ALL TIME*
- 9.38%
FNV
- 1D
- 3.61%
- 1M
- -5.41%
- 6M
- -17.77%
- YTD
- 0.44%
- 1Y
- 34.04%
- 3Y*
- 13.44%
- 5Y*
- 7.77%
- 10Y*
- 12.09%
- ALL TIME*
- 16.56%
T vs. FNV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | -5.73% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
FNV Franco-Nevada Corporation | 0.44% | 77.81% | 7.41% | -17.96% | -0.39% | 11.57% | 22.31% | 48.92% | -11.00% | 35.45% |
Correlation
The correlation between T and FNV is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2007 | 0.11 |
The correlation between T and FNV shifts across timeframes, from -0.06 (1 year) to 0.15 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
T:
$154.67B
FNV:
$40.00B
T:
$3.05
FNV:
$7.10
T:
7.30
FNV:
29.22
T:
0.30
FNV:
0.61
T:
1.27
FNV:
19.03
T:
$125.65B
FNV:
$2.10B
T:
$105.41B
FNV:
$1.61B
T:
$54.70B
FNV:
$1.96B
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Return for Risk
T vs. FNV — Risk / Return Rank
T
FNV
T vs. FNV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Franco-Nevada Corporation (FNV). 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 | FNV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.49 | ||
| Sortino ratioReturn per unit of downside risk | -2.02 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.18 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 1.17 | -1.64 |
| Martin ratioReturn relative to average drawdown | -1.04 | 2.67 | -3.71 |
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Drawdowns
T vs. FNV - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, which is greater than FNV's maximum drawdown of -58.76%. Use the drawdown chart below to compare losses from any high point for T and FNV.
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Drawdown Indicators
| T | FNV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -58.76% | -5.39% |
Max Drawdown (1Y)Largest decline over 1 year | -28.89% | -29.18% | +0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -28.89% | -29.55% | +0.66% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -37.12% | +5.11% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -37.12% | -5.23% |
Current DrawdownCurrent decline from peak | -20.46% | -25.87% | +5.41% |
Average DrawdownAverage peak-to-trough decline | -15.74% | -14.03% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.01% | 12.78% | +0.23% |
Volatility
T vs. FNV - Volatility Comparison
The current volatility for AT&T Inc. (T) is 9.45%, while Franco-Nevada Corporation (FNV) has a volatility of 10.23%. This indicates that T experiences smaller price fluctuations and is considered to be less risky than FNV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | FNV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.45% | 10.23% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 19.94% | 31.26% | -11.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 37.52% | -13.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.39% | 30.72% | -6.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.92% | 30.22% | -6.30% |
Dividends
T vs. FNV - Dividend Comparison
T's dividend yield for the trailing twelve months is around 6.49%, more than FNV's 0.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNV Franco-Nevada Corporation | 0.79% | 0.73% | 1.22% | 1.23% | 0.94% | 1.10% | 0.82% | 0.96% | 1.35% | 1.14% | 1.46% | 1.81% |
T AT&T Inc. | 6.49% | 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. FNV - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Franco-Nevada 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 FNV have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNV has higher volatility (10.23%) compared to T (9.45%). In terms of maximum drawdown, T dropped -64.15% vs FNV's -58.76%.
FNV currently has the higher Sharpe Ratio (0.91 vs -0.58), 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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