T vs. WM
T (AT&T Inc.) and WM (Waste Management, Inc.) are both stocks. T operates in Telecom Services (Communication Services), while WM operates in Waste Management (Industrials). Over the past 10 years, T returned 3.11%/yr vs 15.28%/yr for WM. At a 0.27 correlation, their price movements are largely independent.
Performance
T vs. WM - Performance Comparison
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Returns By Period
In the year-to-date period, T achieves a -4.15% return, which is significantly lower than WM's -0.44% return. Over the past 10 years, T has underperformed WM with an annualized return of 3.11%, while WM has yielded a comparatively higher 15.28% annualized return.
T
- 1D
- -1.23%
- 1M
- -3.08%
- YTD
- -4.15%
- 6M
- -2.06%
- 1Y
- -13.78%
- 3Y*
- 19.48%
- 5Y*
- 7.30%
- 10Y*
- 3.11%
WM
- 1D
- -1.14%
- 1M
- -0.88%
- YTD
- -0.44%
- 6M
- 0.20%
- 1Y
- -6.80%
- 3Y*
- 11.24%
- 5Y*
- 10.90%
- 10Y*
- 15.28%
T vs. WM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | -4.15% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
WM Waste Management, Inc. | -0.44% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
Correlation
The correlation between T and WM is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 1991 | 0.27 |
The correlation between T and WM shifts across timeframes, from 0.21 (1 year) to 0.33 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
T:
$3.04
WM:
$6.91
T:
7.65
WM:
31.40
T:
0.32
WM:
2.57
T:
1.33
WM:
3.45
T:
$125.65B
WM:
$25.41B
T:
$105.41B
WM:
$5.61B
T:
$54.70B
WM:
$6.96B
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Return for Risk
T vs. WM — Risk / Return Rank
T
WM
T vs. WM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) and Waste Management, Inc. (WM). 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 | WM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.95 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | -0.41 | -0.22 |
| Martin ratioReturn relative to average drawdown | -1.29 | -0.90 | -0.39 |
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Drawdowns
T vs. WM - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, smaller than the maximum WM drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for T and WM.
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Drawdown Indicators
| T | WM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -77.85% | +13.70% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -16.70% | -5.17% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -18.14% | -3.73% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -18.14% | -13.87% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -30.07% | -12.28% |
Current DrawdownCurrent decline from peak | -19.13% | -11.26% | -7.87% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -17.68% | +1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.70% | 7.59% | +3.11% |
Volatility
T vs. WM - Volatility Comparison
AT&T Inc. (T) has a higher volatility of 8.27% compared to Waste Management, Inc. (WM) at 6.15%. This indicates that T's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| T | WM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.27% | 6.15% | +2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 17.84% | 14.06% | +3.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.21% | 19.06% | +3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.03% | 18.63% | +5.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.74% | 19.54% | +4.20% |
Dividends
T vs. WM - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.77%, more than WM's 1.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | 4.77% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
WM Waste Management, Inc. | 1.63% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Financials
T vs. WM - Financials Comparison
This section allows you to compare key financial metrics between AT&T Inc. and Waste Management, 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 WM have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (8.27%) compared to WM (6.15%). In terms of maximum drawdown, T dropped -64.15% vs WM's -77.85%.
WM currently has the higher Sharpe Ratio (-0.36 vs -0.62), 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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