T vs. VWELX

Last updated Jun 9, 2026

T (AT&T Inc.) is a stock, while VWELX (Vanguard Wellington Fund Investor Shares) is Diversified Portfolio fund actively managed by Vanguard. Over the past 10 years, T returned 2.86%/yr vs 9.87%/yr for VWELX. At a 0.48 correlation, their price movements are largely independent.

Performance

T vs. VWELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. (T) and Vanguard Wellington Fund Investor Shares (VWELX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, T achieves a -7.40% return, which is significantly lower than VWELX's 4.55% return. Over the past 10 years, T has underperformed VWELX with an annualized return of 2.86%, while VWELX has yielded a comparatively higher 9.87% annualized return.

T

• 1D: -1.10%
• 1M: -10.57%
• YTD: -7.40%
• 6M: -7.40%
• 1Y: -16.38%
• 3Y*: 18.39%
• 5Y*: 6.60%
• 10Y*: 2.86%

VWELX

• 1D: -2.02%
• 1M: -0.51%
• YTD: 4.55%
• 6M: 4.96%
• 1Y: 17.46%
• 3Y*: 14.67%
• 5Y*: 8.31%
• 10Y*: 9.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

T vs. VWELX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
T AT&T Inc.	-7.40%	13.97%	44.08%	-2.74%	5.76%	-8.09%	-21.37%	45.55%	-22.25%	-4.01%
VWELX Vanguard Wellington Fund Investor Shares	4.55%	16.54%	14.73%	14.29%	-14.36%	18.99%	10.57%	22.51%	-3.43%	13.98%

Correlation

The correlation between T and VWELX is -0.11, 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	-0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jul 20, 1984	0.48

The correlation between T and VWELX shifts across timeframes, from -0.11 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.

Return for Risk

T vs. VWELX — Risk / Return Rank

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

T

T Risk / Return Rank: 11
T Sharpe Ratio Rank: 11
T Sortino Ratio Rank: 12
T Omega Ratio Rank: 13
T Calmar Ratio Rank: 14
T Martin Ratio Rank: 4

VWELX

VWELX Risk / Return Rank: 55
VWELX Sharpe Ratio Rank: 54
VWELX Sortino Ratio Rank: 50
VWELX Omega Ratio Rank: 54
VWELX Calmar Ratio Rank: 52
VWELX Martin Ratio Rank: 65

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. VWELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Vanguard Wellington Fund Investor Shares (VWELX). 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.

	T	VWELX	Difference
Sharpe ratio: Return per unit of total volatility	-0.75	2.09	-2.84
Sortino ratio: Return per unit of downside risk	-0.98	2.89	-3.86
Omega ratio: Gain probability vs. loss probability	0.89	1.39	-0.50
Calmar ratio: Return relative to maximum drawdown	-0.75	2.67	-3.42
Martin ratio: Return relative to average drawdown	-1.59	12.31	-13.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

T vs. VWELX - Sharpe Ratio Comparison

The current T Sharpe Ratio is -0.75, which is lower than the VWELX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of T and VWELX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	T	VWELX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.75	2.09	-2.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.75	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	0.86	-0.74
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.84	-0.46

Drawdowns

T vs. VWELX - Drawdown Comparison

The maximum T drawdown since its inception was -64.15%, which is greater than VWELX's maximum drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for T and VWELX.

Drawdown Indicators

	T	VWELX	Difference
Max Drawdown Largest peak-to-trough decline	-64.15%	-36.12%	-28.03%
Max Drawdown (1Y) Largest decline over 1 year	-21.87%	-6.78%	-15.09%
Max Drawdown (3Y) Largest decline over 3 years	-21.87%	-11.98%	-9.89%
Max Drawdown (5Y) Largest decline over 5 years	-32.01%	-20.88%	-11.13%
Max Drawdown (10Y) Largest decline over 10 years	-42.35%	-25.33%	-17.02%
Current Drawdown Current decline from peak	-21.87%	-2.39%	-19.48%
Average Drawdown Average peak-to-trough decline	-15.72%	-3.92%	-11.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.34%	1.47%	+8.87%

Volatility

T vs. VWELX - Volatility Comparison

AT&T Inc. (T) has a higher volatility of 7.50% compared to Vanguard Wellington Fund Investor Shares (VWELX) at 3.12%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than VWELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	T	VWELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.50%	3.12%	+4.38%
Volatility (6M) Calculated over the trailing 6-month period	17.57%	7.00%	+10.57%
Volatility (1Y) Calculated over the trailing 1-year period	21.98%	8.67%	+13.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.97%	11.17%	+12.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.71%	11.55%	+12.16%

Dividends

T vs. VWELX - Dividend Comparison

T's dividend yield for the trailing twelve months is around 4.93%, less than VWELX's 11.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
T AT&T Inc.	4.93%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%
VWELX Vanguard Wellington Fund Investor Shares	11.02%	11.46%	10.76%	6.01%	8.19%	8.64%	7.77%	4.67%	9.49%	5.82%	4.44%	7.03%

Frequently Asked Questions

Can I hold both T and VWELX in my portfolio?

T and VWELX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, T or VWELX?

T has higher volatility (7.50%) compared to VWELX (3.12%). In terms of maximum drawdown, T dropped -64.15% vs VWELX's -36.12%.

Which has better risk-adjusted returns?

VWELX currently has the higher Sharpe Ratio (2.09 vs -0.75), 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.