T vs. QQQY
T (AT&T Inc.) is a stock, while QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF) is Nasdaq-100 fund actively managed by Defiance. Over the past year, T returned -12.96% vs 29.70% for QQQY. At a correlation of -0.11, they often move in opposite directions.
Performance
T vs. QQQY - Performance Comparison
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Returns By Period
In the year-to-date period, T achieves a -2.96% return, which is significantly lower than QQQY's 15.43% 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%
QQQY
- 1D
- 0.55%
- 1M
- 0.32%
- YTD
- 15.43%
- 6M
- 15.99%
- 1Y
- 29.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
T vs. QQQY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
T AT&T Inc. | -2.96% | 13.97% | 44.08% | 16.96% |
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 15.43% | 14.96% | 7.70% | 7.19% |
Correlation
The correlation between T and QQQY is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | -0.11 |
The correlation between T and QQQY shifts across timeframes, from -0.23 (1 year) to -0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
T vs. QQQY — Risk / Return Rank
T
QQQY
T vs. QQQY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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 | QQQY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.38 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 2.68 | -3.27 |
| Martin ratioReturn relative to average drawdown | -1.22 | 10.96 | -12.18 |
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Drawdowns
T vs. QQQY - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, which is greater than QQQY's maximum drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for T and QQQY.
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Drawdown Indicators
| T | QQQY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -19.05% | -45.10% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -11.14% | -10.73% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | — | — |
Current DrawdownCurrent decline from peak | -18.12% | -3.41% | -14.71% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -2.92% | -12.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.64% | 2.72% | +7.92% |
Volatility
T vs. QQQY - Volatility Comparison
AT&T Inc. (T) has a higher volatility of 8.21% compared to Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) at 7.00%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | QQQY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 7.00% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 17.80% | 12.87% | +4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.13% | 14.92% | +7.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.01% | 15.12% | +8.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.73% | 15.12% | +8.61% |
Dividends
T vs. QQQY - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.71%, less than QQQY's 35.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQY Defiance Nasdaq 100 Enhanced Options Income ETF | 35.39% | 45.34% | 83.34% | 20.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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% |
Frequently Asked Questions
T and QQQY have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (8.21%) compared to QQQY (7.00%). In terms of maximum drawdown, T dropped -64.15% vs QQQY's -19.05%.
QQQY currently has the higher Sharpe Ratio (2.00 vs -0.59), 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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