T vs. HWM
T (AT&T Inc.) and HWM (Howmet Aerospace Inc.) are both stocks. T operates in Telecom Services (Communication Services), while HWM operates in Aerospace & Defense (Industrials). Over the past 10 years, T returned 2.24%/yr vs 32.00%/yr for HWM. At a 0.27 correlation, their price movements are largely independent.
Performance
T vs. HWM - 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 HWM's 36.22% return. Over the past 10 years, T has underperformed HWM with an annualized return of 2.24%, while HWM has yielded a comparatively higher 32.00% 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%
HWM
- 1D
- 2.58%
- 1M
- 0.48%
- 6M
- 26.74%
- YTD
- 36.22%
- 1Y
- 48.87%
- 3Y*
- 77.98%
- 5Y*
- 54.34%
- 10Y*
- 32.00%
- ALL TIME*
- 7.54%
T vs. HWM - 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% |
HWM Howmet Aerospace Inc. | 36.22% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
Correlation
The correlation between T and HWM is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1984 | 0.27 |
The correlation between T and HWM shifts across timeframes, from -0.08 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
T:
$154.67B
HWM:
$111.63B
T:
$3.05
HWM:
$4.32
T:
7.30
HWM:
64.63
T:
0.30
HWM:
1.09
T:
1.27
HWM:
13.07
T:
$125.65B
HWM:
$8.62B
T:
$105.41B
HWM:
$2.81B
T:
$54.70B
HWM:
$2.66B
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Return for Risk
T vs. HWM — Risk / Return Rank
T
HWM
T vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Howmet Aerospace Inc. (HWM). 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 | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -3.02 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.27 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 3.09 | -3.56 |
| Martin ratioReturn relative to average drawdown | -1.04 | 8.66 | -9.70 |
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Drawdowns
T vs. HWM - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, smaller than the maximum HWM drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for T and HWM.
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Drawdown Indicators
| T | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -88.30% | +24.15% |
Max Drawdown (1Y)Largest decline over 1 year | -28.89% | -15.89% | -13.00% |
Max Drawdown (3Y)Largest decline over 3 years | -28.89% | -19.41% | -9.48% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -20.14% | -11.87% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -64.81% | +22.46% |
Current DrawdownCurrent decline from peak | -20.46% | -1.49% | -18.97% |
Average DrawdownAverage peak-to-trough decline | -15.74% | -30.96% | +15.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.01% | 5.66% | +7.35% |
Volatility
T vs. HWM - Volatility Comparison
AT&T Inc. (T) has a higher volatility of 9.45% compared to Howmet Aerospace Inc. (HWM) at 6.64%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.45% | 6.64% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 19.94% | 24.86% | -4.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.72% | 31.15% | -7.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.39% | 32.03% | -7.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.92% | 39.65% | -15.73% |
Dividends
T vs. HWM - Dividend Comparison
T's dividend yield for the trailing twelve months is around 6.49%, more than HWM's 0.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWM Howmet Aerospace Inc. | 0.17% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
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. HWM - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Howmet Aerospace 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 HWM have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (9.45%) compared to HWM (6.64%). In terms of maximum drawdown, T dropped -64.15% vs HWM's -88.30%.
HWM currently has the higher Sharpe Ratio (1.58 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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