T vs. NFLX

Last updated Jun 18, 2026

T (AT&T Inc.) and NFLX (Netflix, Inc.) are both stocks. Both are in the Communication Services sector — T in Telecom Services, NFLX in Entertainment. Over the past 10 years, T returned 2.73%/yr vs 23.34%/yr for NFLX. At a 0.16 correlation, their price movements are largely independent.

Performance

T vs. NFLX - Performance Comparison

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

Returns By Period

In the year-to-date period, T achieves a -7.65% return, which is significantly higher than NFLX's -17.92% return. Over the past 10 years, T has underperformed NFLX with an annualized return of 2.73%, while NFLX has yielded a comparatively higher 23.34% annualized return.

T

• 1D: -3.11%
• 1M: -8.15%
• YTD: -7.65%
• 6M: -5.83%
• 1Y: -15.31%
• 3Y*: 18.01%
• 5Y*: 6.81%
• 10Y*: 2.73%

NFLX

• 1D: -2.24%
• 1M: -14.16%
• YTD: -17.92%
• 6M: -18.81%
• 1Y: -36.95%
• 3Y*: 21.23%
• 5Y*: 8.97%
• 10Y*: 23.34%

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

T vs. NFLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
T AT&T Inc.	-7.65%	13.97%	44.08%	-2.74%	5.76%	-8.09%	-21.37%	45.55%	-22.25%	-4.01%
NFLX Netflix, Inc.	-17.92%	5.19%	83.07%	65.11%	-51.05%	11.41%	67.11%	20.89%	39.44%	55.06%

Correlation

The correlation between T and NFLX is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.11
Correlation (All Time) Calculated using the full available price history since May 23, 2002	0.16

The correlation between T and NFLX shifts across timeframes, from 0.05 (3 years) to 0.16 (all time), reflecting how their relationship changes across market environments.

Fundamentals

EPS T : $3.04 NFLX : $3.09
PE Ratio T : 7.37 NFLX : 24.90
PEG Ratio T : 0.31 NFLX : 0.99
PS Ratio T : 1.28 NFLX : 7.10
Total Revenue (TTM) T : $125.65B NFLX : $46.89B
Gross Profit (TTM) T : $105.41B NFLX : $22.99B
EBITDA (TTM) T : $54.70B NFLX : $26.91B

Return for Risk

T vs. NFLX — Risk / Return Rank

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

T

T Risk / Return Rank: 13
T Sharpe Ratio Rank: 13
T Sortino Ratio Rank: 14
T Omega Ratio Rank: 15
T Calmar Ratio Rank: 15
T Martin Ratio Rank: 7

NFLX

NFLX Risk / Return Rank: 6
NFLX Sharpe Ratio Rank: 3
NFLX Sortino Ratio Rank: 5
NFLX Omega Ratio Rank: 5
NFLX Calmar Ratio Rank: 8
NFLX Martin Ratio Rank: 7

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. NFLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Netflix, Inc. (NFLX). 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	NFLX	Difference
Sharpe ratio: Return per unit of total volatility	-0.69	-1.11	+0.42
Sortino ratio: Return per unit of downside risk	-0.88	-1.62	+0.75
Omega ratio: Gain probability vs. loss probability	0.90	0.80	+0.10
Calmar ratio: Return relative to maximum drawdown	-0.70	-0.86	+0.16
Martin ratio: Return relative to average drawdown	-1.41	-1.45	+0.03

T vs. NFLX - Sharpe Ratio Comparison

The current T Sharpe Ratio is -0.69, which is higher than the NFLX Sharpe Ratio of -1.11. The chart below compares the historical Sharpe Ratios of T and NFLX, 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. NFLX - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for T and NFLX.

Drawdown Indicators

	T	NFLX	Difference
Max Drawdown Largest peak-to-trough decline	-64.15%	-81.99%	+17.84%
Max Drawdown (1Y) Largest decline over 1 year	-22.08%	-43.35%	+21.27%
Max Drawdown (3Y) Largest decline over 3 years	-22.08%	-43.35%	+21.27%
Max Drawdown (5Y) Largest decline over 5 years	-32.01%	-75.95%	+43.94%
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	-75.95%	+33.60%
Current Drawdown Current decline from peak	-22.08%	-42.53%	+20.45%
Average Drawdown Average peak-to-trough decline	-15.72%	-24.91%	+9.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.86%	25.59%	-14.73%

Volatility

T vs. NFLX - Volatility Comparison

AT&T Inc. (T) has a higher volatility of 8.21% compared to Netflix, Inc. (NFLX) at 6.23%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	T	NFLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.21%	6.23%	+1.98%
Volatility (6M) Calculated over the trailing 6-month period	18.05%	24.87%	-6.82%
Volatility (1Y) Calculated over the trailing 1-year period	22.37%	33.32%	-10.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.06%	43.14%	-19.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.76%	41.52%	-17.76%

Dividends

T vs. NFLX - Dividend Comparison

T's dividend yield for the trailing twelve months is around 4.95%, while NFLX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFLX Netflix, 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.	4.95%	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 NFLX in my portfolio?

T and NFLX have a correlation of 0.14, 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 NFLX?

T has higher volatility (8.21%) compared to NFLX (6.23%). In terms of maximum drawdown, T dropped -64.15% vs NFLX's -81.99%.

Which has better risk-adjusted returns?

T currently has the higher Sharpe Ratio (-0.69 vs -1.11), 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.