T vs. PNNT
T (AT&T Inc.) and PNNT (PennantPark Investment Corporation) are both stocks. T operates in Telecom Services (Communication Services), while PNNT operates in Asset Management (Financial Services). Over the past 10 years, T returned 3.33%/yr vs 7.07%/yr for PNNT. At a 0.30 correlation, their price movements are largely independent.
Performance
T vs. PNNT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, T achieves a -2.96% return, which is significantly higher than PNNT's -29.84% return. Over the past 10 years, T has underperformed PNNT with an annualized return of 3.33%, while PNNT has yielded a comparatively higher 7.07% annualized return.
T
- 1D
- 2.52%
- 1M
- -4.69%
- YTD
- -2.96%
- 6M
- -1.93%
- 1Y
- -12.96%
- 3Y*
- 20.58%
- 5Y*
- 7.38%
- 10Y*
- 3.33%
PNNT
- 1D
- 1.58%
- 1M
- -8.53%
- YTD
- -29.84%
- 6M
- -27.65%
- 1Y
- -33.82%
- 3Y*
- 0.38%
- 5Y*
- 0.83%
- 10Y*
- 7.07%
T vs. PNNT - 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% |
PNNT PennantPark Investment Corporation | -29.84% | -2.96% | 16.56% | 37.25% | -8.90% | 61.71% | -17.99% | 14.30% | 2.05% | -0.65% |
Correlation
The correlation between T and PNNT is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2007 | 0.30 |
Over the past year, the correlation between T and PNNT has dropped to 0.00 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
T:
$3.04
PNNT:
$302.41
T:
7.74
PNNT:
0.01
T:
0.32
PNNT:
0.00
T:
1.35
PNNT:
2.20
T:
$125.65B
PNNT:
$85.01M
T:
$105.41B
PNNT:
$24.12M
T:
$54.70B
PNNT:
$16.10M
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. PNNT — Risk / Return Rank
T
PNNT
T vs. PNNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and PennantPark Investment Corporation (PNNT). 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 | PNNT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.78 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | -0.80 | +0.20 |
| Martin ratioReturn relative to average drawdown | -1.22 | -1.65 | +0.43 |
Loading charts...
Drawdowns
T vs. PNNT - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, smaller than the maximum PNNT drawdown of -82.16%. Use the drawdown chart below to compare losses from any high point for T and PNNT.
Loading charts...
Drawdown Indicators
| T | PNNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -82.16% | +18.01% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -42.61% | +20.74% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -42.61% | +20.74% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -42.61% | +10.60% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -69.14% | +26.79% |
Current DrawdownCurrent decline from peak | -18.12% | -40.28% | +22.16% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -15.29% | -0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.64% | 20.58% | -9.94% |
Volatility
T vs. PNNT - Volatility Comparison
The current volatility for AT&T Inc. (T) is 8.21%, while PennantPark Investment Corporation (PNNT) has a volatility of 9.97%. This indicates that T experiences smaller price fluctuations and is considered to be less risky than PNNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| T | PNNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 9.97% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 17.80% | 23.95% | -6.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.13% | 27.06% | -4.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.01% | 23.79% | +0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.73% | 32.76% | -9.03% |
Dividends
T vs. PNNT - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.71%, less than PNNT's 24.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNNT PennantPark Investment Corporation | 24.94% | 16.11% | 12.85% | 11.65% | 10.43% | 6.93% | 11.71% | 11.03% | 11.30% | 10.42% | 14.62% | 18.12% |
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
T vs. PNNT - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and PennantPark Investment 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 PNNT have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PNNT has higher volatility (9.97%) compared to T (8.21%). In terms of maximum drawdown, T dropped -64.15% vs PNNT's -82.16%.
T currently has the higher Sharpe Ratio (-0.59 vs -1.25), 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 PNNT
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