TD vs. T
TD (The Toronto-Dominion Bank) and T (AT&T Inc.) are both stocks. TD operates in Banks - Diversified (Financial Services), while T operates in Telecom Services (Communication Services). Over the past 10 years, TD returned 15.43%/yr vs 2.10%/yr for T. At a 0.29 correlation, their price movements are largely independent.
Performance
TD vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, TD achieves a 30.87% return, which is significantly higher than T's -7.04% return. Over the past 10 years, TD has outperformed T with an annualized return of 15.43%, while T has yielded a comparatively lower 2.10% annualized return.
TD
- 1D
- -2.51%
- 1M
- 1.69%
- 6M
- 30.27%
- YTD
- 30.87%
- 1Y
- 69.13%
- 3Y*
- 28.36%
- 5Y*
- 17.86%
- 10Y*
- 15.43%
- ALL TIME*
- 15.67%
T
- 1D
- 0.64%
- 1M
- 2.62%
- 6M
- -2.84%
- YTD
- -7.04%
- 1Y
- -13.37%
- 3Y*
- 20.93%
- 5Y*
- 7.13%
- 10Y*
- 2.10%
- ALL TIME*
- 9.35%
TD vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TD The Toronto-Dominion Bank | 30.87% | 85.32% | -13.40% | 5.04% | -12.19% | 41.25% | 5.58% | 17.45% | -12.10% | 22.85% |
T AT&T Inc. | -7.04% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between TD and T is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 1996 | 0.29 |
The correlation between TD and T shifts across timeframes, from -0.04 (1 year) to 0.31 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TD:
$203.58B
T:
$152.52B
TD:
CA$10.11
T:
$3.05
TD:
16.69
T:
7.19
TD:
0.60
T:
0.30
TD:
2.21
T:
1.25
TD:
CA$112.63B
T:
$125.65B
TD:
CA$59.49B
T:
$105.41B
TD:
CA$19.99B
T:
$54.70B
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Return for Risk
TD vs. T — Risk / Return Rank
TD
T
TD vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Toronto-Dominion Bank (TD) 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.
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.
| TD | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.59 | ||
| Sortino ratioReturn per unit of downside risk | +5.61 | ||
| Omega ratioGain probability vs. loss probability | 1.65 | 0.92 | +0.73 |
| Calmar ratioReturn relative to maximum drawdown | 9.26 | -0.46 | +9.73 |
| Martin ratioReturn relative to average drawdown | 35.62 | -1.03 | +36.66 |
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Drawdowns
TD vs. T - Drawdown Comparison
The maximum TD drawdown since its inception was -64.18%, roughly equal to the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for TD and T.
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Drawdown Indicators
| TD | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.18% | -64.15% | -0.03% |
Max Drawdown (1Y)Largest decline over 1 year | -7.50% | -28.89% | +21.39% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -28.89% | +9.70% |
Max Drawdown (5Y)Largest decline over 5 years | -30.93% | -32.01% | +1.08% |
Max Drawdown (10Y)Largest decline over 10 years | -41.98% | -42.35% | +0.37% |
Current DrawdownCurrent decline from peak | -3.45% | -21.57% | +18.12% |
Average DrawdownAverage peak-to-trough decline | -11.19% | -15.74% | +4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 12.94% | -10.99% |
Volatility
TD vs. T - Volatility Comparison
The current volatility for The Toronto-Dominion Bank (TD) is 5.94%, while AT&T Inc. (T) has a volatility of 9.59%. This indicates that TD 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.
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Volatility by Period
| TD | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 9.59% | -3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 13.41% | 19.91% | -6.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.32% | 23.72% | -6.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.81% | 24.38% | -4.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.72% | 23.92% | -2.20% |
Dividends
TD vs. T - Dividend Comparison
TD's dividend yield for the trailing twelve months is around 2.57%, less than T's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | 6.58% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
TD The Toronto-Dominion Bank | 2.57% | 3.17% | 5.65% | 4.80% | 4.24% | 3.27% | 4.10% | 3.89% | 4.08% | 3.03% | 3.58% | 5.11% |
Financials
TD vs. T - Financials Comparison
This section allows you to compare key financial metrics between The Toronto-Dominion Bank and AT&T 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
TD and T have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (9.59%) compared to TD (5.94%). In terms of maximum drawdown, TD dropped -64.18% vs T's -64.15%.
TD currently has the higher Sharpe Ratio (4.02 vs -0.57), 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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