TBB vs. T

Last updated Apr 2, 2026

Compare and contrast key facts about AT&T Inc. 5.35% GLB NTS 66 (TBB) and AT&T Inc. (T).

Performance

TBB vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AT&T Inc. 5.35% GLB NTS 66 (TBB) and AT&T Inc. (T). The values are adjusted to include any dividend payments, if applicable.

TBB vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TBB AT&T Inc. 5.35% GLB NTS 66	-2.75%	-3.34%	10.14%	14.65%	-12.18%	-0.72%	7.21%	26.60%	-9.95%	3.33%
T AT&T Inc.	15.30%	13.97%	44.08%	-2.74%	5.76%	-8.09%	-21.37%	45.55%	-22.25%	18.32%

Fundamentals

Market Cap TBB : $153.20B T : $203.24B
EPS TBB : $3.04 T : $3.04
PE Ratio TBB : 7.01 T : 9.30
PEG Ratio TBB : 0.29 T : 0.39
PS Ratio TBB : 1.22 T : 1.62
PB Ratio TBB : 1.23 T : 1.63
Total Revenue (TTM) TBB : $125.65B T : $125.65B
Gross Profit (TTM) TBB : $100.22B T : $100.22B
EBITDA (TTM) TBB : $53.20B T : $53.20B

Returns By Period

In the year-to-date period, TBB achieves a -2.75% return, which is significantly lower than T's 15.30% return.

TBB

• 1D: 0.38%
• 1M: -6.40%
• YTD: -2.75%
• 6M: -6.26%
• 1Y: -0.79%
• 3Y*: 2.60%
• 5Y*: 1.35%
• 10Y*: —

T

• 1D: -2.35%
• 1M: 1.07%
• YTD: 15.30%
• 6M: 5.08%
• 1Y: 3.75%
• 3Y*: 20.19%
• 5Y*: 10.67%
• 10Y*: 5.61%

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

Return for Risk

TBB vs. T — Risk / Return Rank

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

TBB

TBB Risk / Return Rank: 33
TBB Sharpe Ratio Rank: 36
TBB Sortino Ratio Rank: 27
TBB Omega Ratio Rank: 27
TBB Calmar Ratio Rank: 38
TBB Martin Ratio Rank: 38

T

T Risk / Return Rank: 43
T Sharpe Ratio Rank: 47
T Sortino Ratio Rank: 38
T Omega Ratio Rank: 37
T Calmar Ratio Rank: 46
T Martin Ratio Rank: 47

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.

TBB vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. 5.35% GLB NTS 66 (TBB) and AT&T Inc. (T). 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.

	TBB	T	Difference
Sharpe ratio Return per unit of total volatility	-0.08	0.17	-0.25
Sortino ratio Return per unit of downside risk	-0.05	0.38	-0.43
Omega ratio Gain probability vs. loss probability	0.99	1.05	-0.05
Calmar ratio Return relative to maximum drawdown	-0.06	0.22	-0.28
Martin ratio Return relative to average drawdown	-0.13	0.49	-0.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TBB vs. T - Sharpe Ratio Comparison

The current TBB Sharpe Ratio is -0.08, which is lower than the T Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of TBB and T, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TBB	T	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.08	0.17	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.45	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.40	-0.11

Correlation

The correlation between TBB and T is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TBB vs. T - Dividend Comparison

TBB's dividend yield for the trailing twelve months is around 6.27%, more than T's 3.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TBB AT&T Inc. 5.35% GLB NTS 66	6.27%	6.01%	5.48%	5.70%	6.17%	5.13%	3.63%	4.99%	6.07%	0.00%	0.00%	0.00%
T AT&T Inc.	3.92%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%

Drawdowns

TBB vs. T - Drawdown Comparison

The maximum TBB drawdown since its inception was -16.09%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for TBB and T.

Drawdown Indicators

	TBB	T	Difference
Max Drawdown Largest peak-to-trough decline	-16.09%	-64.15%	+48.06%
Max Drawdown (1Y) Largest decline over 1 year	-9.13%	-20.60%	+11.47%
Max Drawdown (5Y) Largest decline over 5 years	-15.68%	-36.68%	+21.00%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.35%	—
Current Drawdown Current decline from peak	-8.79%	-2.71%	-6.08%
Average Drawdown Average peak-to-trough decline	-3.20%	-15.74%	+12.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	9.06%	-5.15%

Volatility

TBB vs. T - Volatility Comparison

The current volatility for AT&T Inc. 5.35% GLB NTS 66 (TBB) is 2.43%, while AT&T Inc. (T) has a volatility of 6.76%. This indicates that TBB experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TBB	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.43%	6.76%	-4.33%
Volatility (6M) Calculated over the trailing 6-month period	5.91%	16.58%	-10.67%
Volatility (1Y) Calculated over the trailing 1-year period	9.67%	22.51%	-12.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.12%	23.85%	-12.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.03%	23.49%	-12.46%

Financials