T vs. KTOS

Last updated Jun 13, 2026

T (AT&T Inc.) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. T operates in Telecom Services (Communication Services), while KTOS operates in Aerospace & Defense (Industrials). Over the past 10 years, T returned 3.33%/yr vs 30.83%/yr for KTOS. At a 0.16 correlation, their price movements are largely independent.

Performance

T vs. KTOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. (T) and Kratos Defense & Security Solutions, Inc. (KTOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, T achieves a -2.96% return, which is significantly higher than KTOS's -23.92% return. Over the past 10 years, T has underperformed KTOS with an annualized return of 3.33%, while KTOS has yielded a comparatively higher 30.83% annualized return.

T

• 1D: 2.52%
• 1M: -1.87%
• YTD: -2.96%
• 6M: -1.93%
• 1Y: -12.71%
• 3Y*: 20.58%
• 5Y*: 7.38%
• 10Y*: 3.33%

KTOS

• 1D: -1.75%
• 1M: 10.87%
• YTD: -23.92%
• 6M: -23.97%
• 1Y: 38.29%
• 3Y*: 60.38%
• 5Y*: 17.13%
• 10Y*: 30.83%

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

T vs. KTOS - 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%
KTOS Kratos Defense & Security Solutions, Inc.	-23.92%	187.76%	30.01%	96.61%	-46.80%	-29.27%	52.30%	27.82%	33.05%	43.11%

Correlation

The correlation between T and KTOS is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.17
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Nov 5, 1999	0.16

The correlation between T and KTOS shifts across timeframes, from -0.17 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

Fundamentals

EPS T : $3.04 KTOS : $0.17
PE Ratio T : 7.74 KTOS : 335.35
PEG Ratio T : 0.32 KTOS : 3.89
PS Ratio T : 1.35 KTOS : 6.97
Total Revenue (TTM) T : $125.65B KTOS : $1.42B
Gross Profit (TTM) T : $105.41B KTOS : $259.40M
EBITDA (TTM) T : $54.70B KTOS : $78.30M

Return for Risk

T vs. KTOS — Risk / Return Rank

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

T

T Risk / Return Rank: 18
T Sharpe Ratio Rank: 17
T Sortino Ratio Rank: 17
T Omega Ratio Rank: 18
T Calmar Ratio Rank: 21
T Martin Ratio Rank: 15

KTOS

KTOS Risk / Return Rank: 60
KTOS Sharpe Ratio Rank: 62
KTOS Sortino Ratio Rank: 62
KTOS Omega Ratio Rank: 59
KTOS Calmar Ratio Rank: 58
KTOS Martin Ratio Rank: 57

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. KTOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Kratos Defense & Security Solutions, Inc. (KTOS). 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	KTOS	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	0.56	-1.15
Sortino ratio: Return per unit of downside risk	-0.72	1.25	-1.97
Omega ratio: Gain probability vs. loss probability	0.92	1.15	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.59	0.67	-1.26
Martin ratio: Return relative to average drawdown	-1.22	1.34	-2.56

T vs. KTOS - Sharpe Ratio Comparison

The current T Sharpe Ratio is -0.59, which is lower than the KTOS Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of T and KTOS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

T vs. KTOS - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, smaller than the maximum KTOS drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for T and KTOS.

Drawdown Indicators

	T	KTOS	Difference
Max Drawdown Largest peak-to-trough decline	-64.15%	-99.81%	+35.66%
Max Drawdown (1Y) Largest decline over 1 year	-21.87%	-60.15%	+38.28%
Max Drawdown (3Y) Largest decline over 3 years	-21.87%	-60.15%	+38.28%
Max Drawdown (5Y) Largest decline over 5 years	-32.01%	-69.39%	+37.38%
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	-72.74%	+30.39%
Current Drawdown Current decline from peak	-18.12%	-96.34%	+78.22%
Average Drawdown Average peak-to-trough decline	-15.72%	-95.93%	+80.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.64%	29.90%	-19.26%

Volatility

T vs. KTOS - Volatility Comparison

The current volatility for AT&T Inc. (T) is 8.21%, while Kratos Defense & Security Solutions, Inc. (KTOS) has a volatility of 23.44%. This indicates that T experiences smaller price fluctuations and is considered to be less risky than KTOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	T	KTOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.21%	23.44%	-15.23%
Volatility (6M) Calculated over the trailing 6-month period	17.80%	57.02%	-39.22%
Volatility (1Y) Calculated over the trailing 1-year period	22.13%	72.17%	-50.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.01%	52.33%	-28.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.73%	50.82%	-27.09%

Dividends

T vs. KTOS - Dividend Comparison

T's dividend yield for the trailing twelve months is around 4.71%, while KTOS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KTOS Kratos Defense & Security Solutions, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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

Frequently Asked Questions

Can I hold both T and KTOS in my portfolio?

T and KTOS have a correlation of -0.17, 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 KTOS?

KTOS has higher volatility (23.44%) compared to T (8.21%). In terms of maximum drawdown, T dropped -64.15% vs KTOS's -99.81%.

Which has better risk-adjusted returns?

KTOS currently has the higher Sharpe Ratio (0.56 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.