T vs. JPM
T (AT&T Inc.) and JPM (JPMorgan Chase & Co.) are both stocks. T operates in Telecom Services (Communication Services), while JPM operates in Banks - Diversified (Financial Services). Over the past 10 years, T returned 3.33%/yr vs 21.02%/yr for JPM. At a 0.34 correlation, their price movements are largely independent.
Performance
T vs. JPM - 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 JPM's 0.50% return. Over the past 10 years, T has underperformed JPM with an annualized return of 3.33%, while JPM has yielded a comparatively higher 21.02% 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%
JPM
- 1D
- 2.31%
- 1M
- 6.82%
- YTD
- 0.50%
- 6M
- 1.66%
- 1Y
- 21.89%
- 3Y*
- 34.22%
- 5Y*
- 17.82%
- 10Y*
- 21.02%
T vs. JPM - 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% |
JPM JPMorgan Chase & Co. | 0.50% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
Correlation
The correlation between T and JPM is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1984 | 0.34 |
Over the past year, the correlation between T and JPM has dropped to 0.05 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
T:
$3.04
JPM:
$21.08
T:
7.74
JPM:
15.21
T:
0.32
JPM:
1.68
T:
1.35
JPM:
3.14
T:
$125.65B
JPM:
$285.09B
T:
$105.41B
JPM:
$173.52B
T:
$54.70B
JPM:
$81.46B
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Return for Risk
T vs. JPM — Risk / Return Rank
T
JPM
T vs. JPM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and JPMorgan Chase & Co. (JPM). 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 | JPM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.60 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.18 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 1.42 | -2.02 |
| Martin ratioReturn relative to average drawdown | -1.22 | 3.36 | -4.58 |
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Drawdowns
T vs. JPM - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, smaller than the maximum JPM drawdown of -76.16%. Use the drawdown chart below to compare losses from any high point for T and JPM.
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Drawdown Indicators
| T | JPM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -76.16% | +12.01% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -15.47% | -6.40% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -24.42% | +2.55% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -38.77% | +6.76% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -43.63% | +1.28% |
Current DrawdownCurrent decline from peak | -18.12% | -3.66% | -14.46% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -17.62% | +1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.64% | 6.54% | +4.10% |
Volatility
T vs. JPM - Volatility Comparison
AT&T Inc. (T) has a higher volatility of 8.21% compared to JPMorgan Chase & Co. (JPM) at 6.35%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | JPM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 6.35% | +1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 17.80% | 16.67% | +1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.13% | 21.76% | +0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.01% | 24.46% | -0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.73% | 27.39% | -3.66% |
Dividends
T vs. JPM - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.71%, more than JPM's 1.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.84% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
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. JPM - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and JPMorgan Chase & Co.. 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 JPM have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (8.21%) compared to JPM (6.35%). In terms of maximum drawdown, T dropped -64.15% vs JPM's -76.16%.
JPM currently has the higher Sharpe Ratio (1.01 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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