T vs. USD
T (AT&T Inc.) is a stock, while USD (ProShares Ultra Semiconductors) is Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). Over the past 10 years, T returned 2.50%/yr vs 60.90%/yr for USD. At a 0.26 correlation, their price movements are largely independent.
Performance
T vs. USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, T achieves a -7.94% return, which is significantly lower than USD's 83.22% return. Over the past 10 years, T has underperformed USD with an annualized return of 2.50%, while USD has yielded a comparatively higher 60.90% annualized return.
T
- 1D
- -1.93%
- 1M
- -11.44%
- YTD
- -7.94%
- 6M
- -7.27%
- 1Y
- -17.45%
- 3Y*
- 19.42%
- 5Y*
- 6.57%
- 10Y*
- 2.50%
USD
- 1D
- -0.77%
- 1M
- 0.95%
- YTD
- 83.22%
- 6M
- 78.17%
- 1Y
- 185.84%
- 3Y*
- 113.73%
- 5Y*
- 63.17%
- 10Y*
- 60.90%
T vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | -7.94% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
USD ProShares Ultra Semiconductors | 83.22% | 62.08% | 139.64% | 228.79% | -68.57% | 104.27% | 68.16% | 110.37% | -26.88% | 81.72% |
Correlation
The correlation between T and USD is -0.32, 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 | -0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2007 | 0.26 |
The correlation between T and USD shifts across timeframes, from -0.32 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
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. USD — Risk / Return Rank
T
USD
T vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and ProShares Ultra Semiconductors (USD). 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 | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.79 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.38 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 5.88 | -6.62 |
| Martin ratioReturn relative to average drawdown | -1.56 | 16.26 | -17.81 |
Loading charts...
Drawdowns
T vs. USD - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for T and USD.
Loading charts...
Drawdown Indicators
| T | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -88.63% | +24.48% |
Max Drawdown (1Y)Largest decline over 1 year | -23.57% | -31.80% | +8.23% |
Max Drawdown (3Y)Largest decline over 3 years | -23.57% | -64.46% | +40.89% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -77.85% | +45.84% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -77.85% | +35.50% |
Current DrawdownCurrent decline from peak | -22.32% | -15.35% | -6.97% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -32.29% | +16.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.23% | 11.48% | -0.25% |
Volatility
T vs. USD - Volatility Comparison
The current volatility for AT&T Inc. (T) is 8.61%, while ProShares Ultra Semiconductors (USD) has a volatility of 34.08%. This indicates that T experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| T | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.61% | 34.08% | -25.47% |
Volatility (6M)Calculated over the trailing 6-month period | 18.46% | 53.79% | -35.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.68% | 67.97% | -45.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.14% | 77.72% | -53.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.79% | 69.82% | -46.03% |
Dividends
T vs. USD - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.96%, more than USD's 0.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | 4.96% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
USD ProShares Ultra Semiconductors | 0.25% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Frequently Asked Questions
T and USD have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USD has higher volatility (34.08%) compared to T (8.61%). In terms of maximum drawdown, T dropped -64.15% vs USD's -88.63%.
USD currently has the higher Sharpe Ratio (2.76 vs -0.77), 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 USD
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