T vs. STLD
T (AT&T Inc.) and STLD (Steel Dynamics, Inc.) are both stocks. T operates in Telecom Services (Communication Services), while STLD operates in Steel (Basic Materials). Over the past 10 years, T returned 3.33%/yr vs 29.92%/yr for STLD. At a 0.23 correlation, their price movements are largely independent.
Performance
T vs. STLD - 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 STLD's 67.39% return. Over the past 10 years, T has underperformed STLD with an annualized return of 3.33%, while STLD has yielded a comparatively higher 29.92% annualized return.
T
- 1D
- 2.52%
- 1M
- -1.87%
- YTD
- -2.96%
- 6M
- -1.93%
- 1Y
- -12.71%
- 3Y*
- 20.58%
- 5Y*
- 7.38%
- 10Y*
- 3.33%
STLD
- 1D
- 1.15%
- 1M
- 23.29%
- YTD
- 67.39%
- 6M
- 65.42%
- 1Y
- 114.70%
- 3Y*
- 40.23%
- 5Y*
- 36.27%
- 10Y*
- 29.92%
T vs. STLD - 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% |
STLD Steel Dynamics, Inc. | 67.39% | 50.70% | -1.99% | 22.75% | 60.14% | 71.42% | 12.46% | 16.78% | -29.02% | 23.34% |
Correlation
The correlation between T and STLD is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 1996 | 0.23 |
The correlation between T and STLD shifts across timeframes, from -0.06 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
T:
$3.04
STLD:
$9.33
T:
7.74
STLD:
30.30
T:
1.35
STLD:
2.19
T:
$125.65B
STLD:
$19.01B
T:
$105.41B
STLD:
$2.66B
T:
$54.70B
STLD:
$2.23B
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Return for Risk
T vs. STLD — Risk / Return Rank
T
STLD
T vs. STLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Steel Dynamics, Inc. (STLD). 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 | STLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.13 | ||
| Sortino ratioReturn per unit of downside risk | -4.89 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.50 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 5.81 | -6.40 |
| Martin ratioReturn relative to average drawdown | -1.22 | 19.49 | -20.71 |
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Drawdowns
T vs. STLD - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, smaller than the maximum STLD drawdown of -87.05%. Use the drawdown chart below to compare losses from any high point for T and STLD.
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Drawdown Indicators
| T | STLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -87.05% | +22.90% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -20.33% | -1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -28.66% | +6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -32.20% | +0.19% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -68.46% | +26.11% |
Current DrawdownCurrent decline from peak | -18.12% | 0.00% | -18.12% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -33.27% | +17.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.64% | 6.04% | +4.60% |
Volatility
T vs. STLD - Volatility Comparison
The current volatility for AT&T Inc. (T) is 8.21%, while Steel Dynamics, Inc. (STLD) has a volatility of 9.70%. This indicates that T experiences smaller price fluctuations and is considered to be less risky than STLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | STLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 9.70% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 17.80% | 24.96% | -7.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.13% | 33.38% | -11.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.01% | 38.03% | -14.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.73% | 39.31% | -15.58% |
Dividends
T vs. STLD - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.71%, more than STLD's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STLD Steel Dynamics, Inc. | 0.72% | 1.18% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.08% |
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. STLD - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Steel Dynamics, Inc.. 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 STLD have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STLD has higher volatility (9.70%) compared to T (8.21%). In terms of maximum drawdown, T dropped -64.15% vs STLD's -87.05%.
STLD currently has the higher Sharpe Ratio (3.54 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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