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 3.33%/yr vs 12.96%/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 -2.96% return, which is significantly lower than FNV's 1.43% return. Over the past 10 years, T has underperformed FNV with an annualized return of 3.33%, while FNV has yielded a comparatively higher 12.96% annualized 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%
FNV
- 1D
- 0.75%
- 1M
- -12.83%
- YTD
- 1.43%
- 6M
- -2.28%
- 1Y
- 25.80%
- 3Y*
- 14.28%
- 5Y*
- 7.76%
- 10Y*
- 12.96%
T vs. FNV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | -2.96% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
FNV Franco-Nevada Corporation | 1.43% | 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 -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
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 -0.04 (1 year) to 0.16 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
T:
$3.04
FNV:
$7.10
T:
7.74
FNV:
29.51
T:
0.32
FNV:
0.62
T:
1.35
FNV:
19.22
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 | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.83 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.15 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 1.01 | -1.60 |
| Martin ratioReturn relative to average drawdown | -1.22 | 2.50 | -3.72 |
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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 | -21.87% | -25.68% | +3.81% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -29.64% | +7.77% |
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 | -18.12% | -25.13% | +7.01% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -13.97% | -1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.64% | 10.33% | +0.31% |
Volatility
T vs. FNV - Volatility Comparison
The current volatility for AT&T Inc. (T) is 8.21%, while Franco-Nevada Corporation (FNV) has a volatility of 11.92%. 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 | 8.21% | 11.92% | -3.71% |
Volatility (6M)Calculated over the trailing 6-month period | 17.80% | 29.98% | -12.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.13% | 35.97% | -13.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.01% | 30.32% | -6.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.73% | 30.17% | -6.44% |
Dividends
T vs. FNV - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.71%, more than FNV's 0.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNV Franco-Nevada Corporation | 0.78% | 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. | 4.71% | 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 -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNV has higher volatility (11.92%) compared to T (8.21%). In terms of maximum drawdown, T dropped -64.15% vs FNV's -58.76%.
FNV currently has the higher Sharpe Ratio (0.72 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.
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