T vs. NVS
T (AT&T Inc.) and NVS (Novartis AG) are both stocks. T operates in Telecom Services (Communication Services), while NVS operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, T returned 2.86%/yr vs 10.33%/yr for NVS. At a 0.27 correlation, their price movements are largely independent.
Performance
T vs. NVS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, T achieves a -7.40% return, which is significantly lower than NVS's 9.43% return. Over the past 10 years, T has underperformed NVS with an annualized return of 2.86%, while NVS has yielded a comparatively higher 10.33% 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%
NVS
- 1D
- -1.84%
- 1M
- 0.27%
- YTD
- 9.43%
- 6M
- 15.91%
- 1Y
- 27.84%
- 3Y*
- 17.18%
- 5Y*
- 13.87%
- 10Y*
- 10.33%
T vs. NVS - 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% |
NVS Novartis AG | 9.43% | 46.95% | 0.02% | 16.14% | 8.06% | -3.65% | 3.34% | 13.92% | 5.95% | 19.42% |
Correlation
The correlation between T and NVS 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 | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 1996 | 0.27 |
The correlation between T and NVS shifts across timeframes, from 0.14 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
T:
$3.04
NVS:
$6.99
T:
7.39
NVS:
20.95
T:
0.31
NVS:
1.42
T:
1.29
NVS:
5.06
T:
$125.65B
NVS:
$56.05B
T:
$105.41B
NVS:
$42.19B
T:
$54.70B
NVS:
$22.40B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
T vs. NVS — Risk / Return Rank
T
NVS
T vs. NVS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Novartis AG (NVS). 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 | NVS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.11 | ||
| Sortino ratioReturn per unit of downside risk | -2.92 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.24 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 2.21 | -2.96 |
| Martin ratioReturn relative to average drawdown | -1.59 | 5.43 | -7.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| T | NVS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | 1.36 | -2.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.74 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.53 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.42 | -0.04 |
Drawdowns
T vs. NVS - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, which is greater than NVS's maximum drawdown of -42.10%. Use the drawdown chart below to compare losses from any high point for T and NVS.
Loading charts...
Drawdown Indicators
| T | NVS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -42.10% | -22.05% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -12.65% | -9.22% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -19.95% | -1.92% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -20.42% | -11.59% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -26.03% | -16.32% |
Current DrawdownCurrent decline from peak | -21.87% | -10.52% | -11.35% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -10.93% | -4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.34% | 5.14% | +5.20% |
Volatility
T vs. NVS - Volatility Comparison
AT&T Inc. (T) has a higher volatility of 7.50% compared to Novartis AG (NVS) at 6.16%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than NVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| T | NVS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | 6.16% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 17.57% | 14.45% | +3.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 20.63% | +1.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.97% | 18.85% | +5.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.71% | 19.62% | +4.09% |
Dividends
T vs. NVS - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.93%, more than NVS's 3.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVS Novartis AG | 3.26% | 2.90% | 3.84% | 3.44% | 3.70% | 3.86% | 3.22% | 3.03% | 3.47% | 3.24% | 3.73% | 3.10% |
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. NVS - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Novartis AG. 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 NVS 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.
T has higher volatility (7.50%) compared to NVS (6.16%). In terms of maximum drawdown, T dropped -64.15% vs NVS's -42.10%.
NVS currently has the higher Sharpe Ratio (1.36 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.
Find the right allocation for T and NVS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer