T vs. IWMY

Last updated Jun 9, 2026

T (AT&T Inc.) is a stock, while IWMY (Defiance R2000 Enhanced Options & 0DTE Income ETF) is Options Trading fund tracking the Russell 2000 Index. Over the past year, T returned -16.38% vs 19.66% for IWMY. At a 0.01 correlation, their price movements are largely independent.

Performance

T vs. IWMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. (T) and Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, T achieves a -7.40% return, which is significantly lower than IWMY's 10.55% 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%

IWMY

• 1D: 0.63%
• 1M: -0.57%
• YTD: 10.55%
• 6M: 8.47%
• 1Y: 19.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

T vs. IWMY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
T AT&T Inc.	-7.40%	13.97%	44.08%	9.96%
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF	10.55%	10.18%	5.56%	10.06%

Correlation

The correlation between T and IWMY 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 (All Time) Calculated using the full available price history since Oct 31, 2023	0.01

Return for Risk

T vs. IWMY — Risk / Return Rank

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

T

T Risk / Return Rank: 11
T Sharpe Ratio Rank: 11
T Sortino Ratio Rank: 12
T Omega Ratio Rank: 13
T Calmar Ratio Rank: 14
T Martin Ratio Rank: 4

IWMY

IWMY Risk / Return Rank: 37
IWMY Sharpe Ratio Rank: 38
IWMY Sortino Ratio Rank: 34
IWMY Omega Ratio Rank: 35
IWMY Calmar Ratio Rank: 38
IWMY Martin Ratio Rank: 39

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. IWMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY). 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	IWMY	Difference
Sharpe ratio: Return per unit of total volatility	-0.75	1.23	-1.97
Sortino ratio: Return per unit of downside risk	-0.98	1.67	-2.65
Omega ratio: Gain probability vs. loss probability	0.89	1.21	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.75	1.71	-2.46
Martin ratio: Return relative to average drawdown	-1.59	5.59	-7.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

T vs. IWMY - Sharpe Ratio Comparison

The current T Sharpe Ratio is -0.75, which is lower than the IWMY Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of T and IWMY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	T	IWMY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.75	1.23	-1.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
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	0.90	-0.52

Drawdowns

T vs. IWMY - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, which is greater than IWMY's maximum drawdown of -18.72%. Use the drawdown chart below to compare losses from any high point for T and IWMY.

Drawdown Indicators

	T	IWMY	Difference
Max Drawdown Largest peak-to-trough decline	-64.15%	-18.72%	-45.43%
Max Drawdown (1Y) Largest decline over 1 year	-21.87%	-11.57%	-10.30%
Max Drawdown (3Y) Largest decline over 3 years	-21.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	—	—
Current Drawdown Current decline from peak	-21.87%	-2.89%	-18.98%
Average Drawdown Average peak-to-trough decline	-15.72%	-2.98%	-12.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.34%	3.53%	+6.81%

Volatility

T vs. IWMY - Volatility Comparison

AT&T Inc. (T) has a higher volatility of 7.50% compared to Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) at 6.26%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than IWMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	T	IWMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.50%	6.26%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	17.57%	13.20%	+4.37%
Volatility (1Y) Calculated over the trailing 1-year period	21.98%	16.15%	+5.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.97%	15.90%	+8.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.71%	15.90%	+7.81%

Dividends

T vs. IWMY - Dividend Comparison

T's dividend yield for the trailing twelve months is around 4.93%, less than IWMY's 46.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWMY Defiance R2000 Enhanced Options & 0DTE Income ETF	46.29%	63.33%	107.92%	11.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
T AT&T Inc.	4.93%	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 IWMY in my portfolio?

T and IWMY 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.

Which is riskier, T or IWMY?

T has higher volatility (7.50%) compared to IWMY (6.26%). In terms of maximum drawdown, T dropped -64.15% vs IWMY's -18.72%.

Which has better risk-adjusted returns?

IWMY currently has the higher Sharpe Ratio (1.23 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.