T vs. VZ
T (AT&T Inc.) and VZ (Verizon Communications Inc.) are both stocks. Both operate in the Telecom Services industry within the Communication Services sector. Over the past 10 years, T returned 2.73%/yr vs 3.78%/yr for VZ. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
T vs. VZ - Performance Comparison
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Returns By Period
In the year-to-date period, T achieves a -7.65% return, which is significantly lower than VZ's 16.22% return. Over the past 10 years, T has underperformed VZ with an annualized return of 2.73%, while VZ has yielded a comparatively higher 3.78% 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%
VZ
- 1D
- -1.90%
- 1M
- -1.97%
- YTD
- 16.22%
- 6M
- 15.79%
- 1Y
- 16.91%
- 3Y*
- 15.45%
- 5Y*
- 2.29%
- 10Y*
- 3.78%
T vs. VZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | -7.65% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
VZ Verizon Communications Inc. | 16.22% | 8.86% | 13.14% | 2.71% | -20.02% | -7.55% | -0.13% | 13.83% | 11.26% | 3.97% |
Correlation
The correlation between T and VZ is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2000 | 0.67 |
The correlation between T and VZ has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.
Fundamentals
T:
$3.04
VZ:
$4.10
T:
7.37
VZ:
11.17
T:
1.28
VZ:
1.39
T:
$125.65B
VZ:
$139.15B
T:
$105.41B
VZ:
$81.89B
T:
$54.70B
VZ:
$48.65B
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Return for Risk
T vs. VZ — Risk / Return Rank
T
VZ
T vs. VZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Verizon Communications Inc. (VZ). 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 | VZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.22 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.17 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 1.28 | -1.97 |
| Martin ratioReturn relative to average drawdown | -1.41 | 2.70 | -4.11 |
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Drawdowns
T vs. VZ - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, which is greater than VZ's maximum drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for T and VZ.
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Drawdown Indicators
| T | VZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -50.66% | -13.49% |
Max Drawdown (1Y)Largest decline over 1 year | -22.08% | -13.32% | -8.76% |
Max Drawdown (3Y)Largest decline over 3 years | -22.08% | -14.93% | -7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -38.38% | +6.37% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -41.21% | -1.14% |
Current DrawdownCurrent decline from peak | -22.08% | -9.44% | -12.64% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -14.82% | -0.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.86% | 6.27% | +4.59% |
Volatility
T vs. VZ - Volatility Comparison
AT&T Inc. (T) has a higher volatility of 8.21% compared to Verizon Communications Inc. (VZ) at 7.31%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than VZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | VZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 7.31% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 18.05% | 18.13% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.37% | 22.91% | -0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.06% | 21.71% | +2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.76% | 20.38% | +3.38% |
Dividends
T vs. VZ - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.95%, less than VZ's 6.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VZ Verizon Communications Inc. | 6.03% | 6.68% | 6.68% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% |
Financials
T vs. VZ - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Verizon Communications 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 VZ have a correlation of 0.69, 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 VZ (7.31%). In terms of maximum drawdown, T dropped -64.15% vs VZ's -50.66%.
VZ currently has the higher Sharpe Ratio (0.74 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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