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T vs. SCHD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

T vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. (T) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, T achieves a -7.65% return, which is significantly lower than SCHD's 17.39% return. Over the past 10 years, T has underperformed SCHD with an annualized return of 2.73%, while SCHD has yielded a comparatively higher 12.59% 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%

SCHD

1D
-1.84%
1M
-0.34%
YTD
17.39%
6M
16.67%
1Y
24.12%
3Y*
13.46%
5Y*
9.12%
10Y*
12.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

T vs. SCHD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
T
AT&T Inc.
-7.65%13.97%44.08%-2.74%5.76%-8.09%-21.37%45.55%-22.25%-4.01%
SCHD
Schwab U.S. Dividend Equity ETF
17.39%4.34%11.66%4.54%-3.26%29.87%15.03%27.29%-5.56%20.85%

Correlation

The correlation between T and SCHD is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.24

Correlation (3Y)
Calculated over the trailing 3-year period

0.32

Correlation (5Y)
Calculated over the trailing 5-year period

0.44

Correlation (10Y)
Calculated over the trailing 10-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Oct 20, 2011

0.52

Over the past year, the correlation between T and SCHD has dropped to 0.24 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

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Return for Risk

T vs. SCHD — Risk / Return Rank

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

T
T Risk / Return Rank: 1313
Overall Rank
T Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
T Sortino Ratio Rank: 1414
Sortino Ratio Rank
T Omega Ratio Rank: 1515
Omega Ratio Rank
T Calmar Ratio Rank: 1515
Calmar Ratio Rank
T Martin Ratio Rank: 77
Martin Ratio Rank

SCHD
SCHD Risk / Return Rank: 7878
Overall Rank
SCHD Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
SCHD Sortino Ratio Rank: 8282
Sortino Ratio Rank
SCHD Omega Ratio Rank: 7272
Omega Ratio Rank
SCHD Calmar Ratio Rank: 9191
Calmar Ratio Rank
SCHD Martin Ratio Rank: 7373
Martin Ratio Rank
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. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Schwab U.S. Dividend Equity ETF (SCHD). 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.


TSCHDDifference
Sharpe ratioReturn per unit of total volatility

-2.88

Sortino ratioReturn per unit of downside risk

-4.22

Omega ratioGain probability vs. loss probability

0.90

1.39

-0.49

Calmar ratioReturn relative to maximum drawdown

-0.70

5.25

-5.95

Martin ratioReturn relative to average drawdown

-1.41

12.86

-14.28

T vs. SCHD - Sharpe Ratio Comparison

The current T Sharpe Ratio is -0.69, which is lower than the SCHD Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of T and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

T vs. SCHD - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for T and SCHD.


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Drawdown Indicators


TSCHDDifference

Max Drawdown

Largest peak-to-trough decline

-64.15%

-33.37%

-30.78%

Max Drawdown (1Y)

Largest decline over 1 year

-22.08%

-4.61%

-17.47%

Max Drawdown (3Y)

Largest decline over 3 years

-22.08%

-16.13%

-5.95%

Max Drawdown (5Y)

Largest decline over 5 years

-32.01%

-16.85%

-15.16%

Max Drawdown (10Y)

Largest decline over 10 years

-42.35%

-33.37%

-8.98%

Current Drawdown

Current decline from peak

-22.08%

-2.74%

-19.34%

Average Drawdown

Average peak-to-trough decline

-15.72%

-3.31%

-12.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.86%

1.88%

+8.98%

Volatility

T vs. SCHD - Volatility Comparison

AT&T Inc. (T) has a higher volatility of 8.21% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.58%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TSCHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.21%

3.58%

+4.63%

Volatility (6M)

Calculated over the trailing 6-month period

18.05%

7.83%

+10.22%

Volatility (1Y)

Calculated over the trailing 1-year period

22.37%

11.10%

+11.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.06%

14.40%

+9.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.76%

16.73%

+7.03%

Dividends

T vs. SCHD - Dividend Comparison

T's dividend yield for the trailing twelve months is around 4.95%, more than SCHD's 3.31% yield.


PositionTTM20252024202320222021202020192018201720162015
SCHD
Schwab U.S. Dividend Equity ETF
3.31%3.82%3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%
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%

Frequently Asked Questions


T and SCHD have a correlation of 0.24, 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 SCHD (3.58%). In terms of maximum drawdown, T dropped -64.15% vs SCHD's -33.37%.

SCHD currently has the higher Sharpe Ratio (2.19 vs -0.69), 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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