T vs. MDT
T (AT&T Inc.) and MDT (Medtronic plc) are both stocks. T operates in Telecom Services (Communication Services), while MDT operates in Medical Devices (Healthcare). Over the past 10 years, T returned 2.86%/yr vs 2.04%/yr for MDT. At a 0.28 correlation, their price movements are largely independent.
Performance
T vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, T achieves a -7.40% return, which is significantly higher than MDT's -15.31% return. Over the past 10 years, T has outperformed MDT with an annualized return of 2.86%, while MDT has yielded a comparatively lower 2.04% annualized 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%
MDT
- 1D
- -1.20%
- 1M
- 5.96%
- YTD
- -15.31%
- 6M
- -19.07%
- 1Y
- -4.79%
- 3Y*
- 2.04%
- 5Y*
- -5.25%
- 10Y*
- 2.04%
T vs. MDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | -7.40% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
MDT Medtronic plc | -15.31% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between T and MDT is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 1984 | 0.28 |
The correlation between T and MDT shifts across timeframes, from 0.20 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
T:
$3.04
MDT:
$3.58
T:
7.39
MDT:
22.52
T:
0.31
MDT:
2.03
T:
1.29
MDT:
2.93
T:
$125.65B
MDT:
$35.48B
T:
$105.41B
MDT:
$5.78B
T:
$54.70B
MDT:
$7.11B
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Return for Risk
T vs. MDT — Risk / Return Rank
T
MDT
T vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Medtronic plc (MDT). 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 | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.98 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | -0.17 | -0.59 |
| Martin ratioReturn relative to average drawdown | -1.59 | -0.43 | -1.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| T | MDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | -0.23 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | -0.24 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.09 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.47 | -0.09 |
Drawdowns
T vs. MDT - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, which is greater than MDT's maximum drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for T and MDT.
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Drawdown Indicators
| T | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -57.63% | -6.52% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -28.90% | +7.03% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -28.90% | +7.03% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -45.10% | +13.09% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -45.10% | +2.75% |
Current DrawdownCurrent decline from peak | -21.87% | -30.81% | +8.94% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -16.54% | +0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.34% | 11.17% | -0.83% |
Volatility
T vs. MDT - Volatility Comparison
The current volatility for AT&T Inc. (T) is 7.50%, while Medtronic plc (MDT) has a volatility of 10.04%. This indicates that T experiences smaller price fluctuations and is considered to be less risky than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | 10.04% | -2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 17.57% | 16.19% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 20.95% | +1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.97% | 21.93% | +2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.71% | 23.24% | +0.47% |
Dividends
T vs. MDT - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.93%, more than MDT's 3.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
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% |
Financials
T vs. MDT - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Medtronic plc. 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 MDT have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (10.04%) compared to T (7.50%). In terms of maximum drawdown, T dropped -64.15% vs MDT's -57.63%.
MDT currently has the higher Sharpe Ratio (-0.23 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.
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