T vs. NEM
T (AT&T Inc.) and NEM (Newmont Corporation) are both stocks. T operates in Telecom Services (Communication Services), while NEM operates in Gold (Basic Materials). Over the past 10 years, T returned 2.86%/yr vs 13.46%/yr for NEM. At a 0.08 correlation, their price movements are largely independent.
Performance
T vs. NEM - Performance Comparison
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Returns By Period
In the year-to-date period, T achieves a -7.40% return, which is significantly lower than NEM's -0.43% return. Over the past 10 years, T has underperformed NEM with an annualized return of 2.86%, while NEM has yielded a comparatively higher 13.46% 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%
NEM
- 1D
- -0.72%
- 1M
- -14.84%
- YTD
- -0.43%
- 6M
- 11.71%
- 1Y
- 91.07%
- 3Y*
- 36.63%
- 5Y*
- 10.33%
- 10Y*
- 13.46%
T vs. NEM - 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% |
NEM Newmont Corporation | -0.43% | 172.82% | -7.83% | -8.76% | -20.77% | 7.40% | 40.28% | 30.52% | -6.15% | 10.91% |
Correlation
The correlation between T and NEM is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1984 | 0.08 |
The correlation between T and NEM shifts across timeframes, from -0.07 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
T:
$3.04
NEM:
$6.34
T:
7.39
NEM:
15.62
T:
0.31
NEM:
0.41
T:
1.29
NEM:
4.77
T:
$125.65B
NEM:
$17.23B
T:
$105.41B
NEM:
$8.97B
T:
$54.70B
NEM:
$13.78B
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Return for Risk
T vs. NEM — Risk / Return Rank
T
NEM
T vs. NEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Newmont Corporation (NEM). 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 | NEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.71 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.32 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 3.36 | -4.11 |
| Martin ratioReturn relative to average drawdown | -1.59 | 8.94 | -10.53 |
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 | NEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | 1.96 | -2.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.27 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.38 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.12 | +0.25 |
Drawdowns
T vs. NEM - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, smaller than the maximum NEM drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for T and NEM.
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Drawdown Indicators
| T | NEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -81.30% | +17.15% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -27.25% | +5.38% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -36.57% | +14.70% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -62.40% | +30.39% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -62.40% | +20.05% |
Current DrawdownCurrent decline from peak | -21.87% | -24.65% | +2.78% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -41.38% | +25.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.34% | 10.22% | +0.12% |
Volatility
T vs. NEM - Volatility Comparison
The current volatility for AT&T Inc. (T) is 7.50%, while Newmont Corporation (NEM) has a volatility of 14.19%. This indicates that T experiences smaller price fluctuations and is considered to be less risky than NEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | NEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | 14.19% | -6.69% |
Volatility (6M)Calculated over the trailing 6-month period | 17.57% | 36.93% | -19.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 46.87% | -24.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.97% | 37.83% | -13.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.71% | 35.59% | -11.88% |
Dividends
T vs. NEM - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.93%, more than NEM's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEM Newmont Corporation | 1.03% | 1.00% | 2.69% | 3.87% | 4.66% | 3.55% | 1.74% | 3.31% | 1.62% | 0.67% | 0.37% | 0.56% |
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. NEM - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Newmont Corporation. 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 NEM have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEM has higher volatility (14.19%) compared to T (7.50%). In terms of maximum drawdown, T dropped -64.15% vs NEM's -81.30%.
NEM currently has the higher Sharpe Ratio (1.96 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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