TFC vs. SO
TFC (Truist Financial Corporation) and SO (The Southern Company) are both stocks. TFC operates in Banks - Regional (Financial Services), while SO operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, TFC returned 7.72%/yr vs 10.38%/yr for SO. At a 0.22 correlation, their price movements are largely independent.
Performance
TFC vs. SO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TFC achieves a 7.30% return, which is significantly lower than SO's 12.80% return. Over the past 10 years, TFC has underperformed SO with an annualized return of 7.72%, while SO has yielded a comparatively higher 10.38% annualized return.
TFC
- 1D
- 0.68%
- 1M
- 6.09%
- 6M
- 5.57%
- YTD
- 7.30%
- 1Y
- 19.60%
- 3Y*
- 22.23%
- 5Y*
- 3.82%
- 10Y*
- 7.72%
- ALL TIME*
- 9.44%
SO
- 1D
- 2.08%
- 1M
- 3.15%
- 6M
- 10.33%
- YTD
- 12.80%
- 1Y
- 4.29%
- 3Y*
- 13.76%
- 5Y*
- 12.76%
- 10Y*
- 10.38%
- ALL TIME*
- 12.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $365.70M | $496.72M | $549.41M | |
| $468.16M | $447.01M | $444.14M |
TFC vs. SO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TFC Truist Financial Corporation | 7.30% | 19.05% | 23.72% | -8.59% | -23.53% | 26.08% | -11.16% | 34.55% | -10.24% | 8.66% |
SO The Southern Company | 12.80% | 9.47% | 21.72% | 2.21% | 8.24% | 16.34% | 0.63% | 51.65% | -3.75% | 2.42% |
Correlation
The correlation between TFC and SO is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.22 |
The correlation between TFC and SO shifts across timeframes, from 0.11 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TFC:
$64.45B
SO:
$108.00B
TFC:
$4.58
SO:
$3.91
TFC:
11.28
SO:
24.50
TFC:
1.32
SO:
1.52
TFC:
2.16
SO:
3.54
TFC:
1.09
SO:
2.91
TFC:
$30.52B
SO:
$30.17B
TFC:
$19.54B
SO:
$13.01B
TFC:
$7.27B
SO:
$14.44B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TFC vs. SO — Risk / Return Rank
TFC
SO
TFC vs. SO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Truist Financial Corporation (TFC) and The Southern Company (SO). 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.
| TFC | SO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.06 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 0.29 | +0.67 |
| Martin ratioReturn relative to average drawdown | 2.39 | 0.67 | +1.73 |
Loading charts...
Drawdowns
TFC vs. SO - Drawdown Comparison
The maximum TFC drawdown since its inception was -66.56%, which is greater than SO's maximum drawdown of -38.43%. Use the drawdown chart below to compare losses from any high point for TFC and SO.
Loading charts...
Drawdown Indicators
| TFC | SO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.56% | -38.43% | -28.13% |
Max Drawdown (1Y)Largest decline over 1 year | -20.67% | -14.99% | -5.68% |
Max Drawdown (3Y)Largest decline over 3 years | -26.93% | -14.99% | -11.94% |
Max Drawdown (5Y)Largest decline over 5 years | -59.11% | -23.28% | -35.83% |
Max Drawdown (10Y)Largest decline over 10 years | -59.11% | -38.43% | -20.68% |
Current DrawdownCurrent decline from peak | -5.39% | -1.96% | -3.43% |
Average DrawdownAverage peak-to-trough decline | -13.81% | -6.86% | -6.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.22% | 6.45% | +1.77% |
Volatility
TFC vs. SO - Volatility Comparison
Truist Financial Corporation (TFC) has a higher volatility of 7.25% compared to The Southern Company (SO) at 6.02%. This indicates that TFC's price experiences larger fluctuations and is considered to be riskier than SO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TFC | SO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.25% | 6.02% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 19.51% | 13.83% | +5.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.19% | 16.95% | +7.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.74% | 18.74% | +13.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.61% | 22.01% | +11.60% |
Dividends
TFC vs. SO - Dividend Comparison
TFC's dividend yield for the trailing twelve months is around 4.02%, less than SO's 4.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SO The Southern Company | 4.13% | 3.37% | 3.47% | 3.96% | 3.78% | 3.82% | 4.13% | 3.86% | 5.42% | 4.78% | 4.52% | 4.60% |
TFC Truist Financial Corporation | 4.02% | 4.23% | 4.79% | 5.63% | 4.65% | 3.18% | 3.76% | 3.04% | 3.60% | 2.53% | 2.45% | 2.78% |
Financials
TFC vs. SO - Financials Comparison
This section allows you to compare key financial metrics between Truist Financial Corporation and The Southern Company. 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
TFC vs. SO - Profitability Comparison
TFC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Truist Financial Corporation reported a gross profit of 4.87B and revenue of 7.61B. Therefore, the gross margin over that period was 64.0%.
SO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Southern Company reported a gross profit of 3.90B and revenue of 8.40B. Therefore, the gross margin over that period was 46.5%.
TFC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Truist Financial Corporation reported an operating income of 1.82B and revenue of 7.61B, resulting in an operating margin of 23.9%.
SO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Southern Company reported an operating income of 2.02B and revenue of 8.40B, resulting in an operating margin of 24.0%.
TFC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Truist Financial Corporation reported a net income of 1.55B and revenue of 7.61B, resulting in a net margin of 20.4%.
SO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Southern Company reported a net income of 1.36B and revenue of 8.40B, resulting in a net margin of 16.2%.
Frequently Asked Questions
TFC and SO 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.
TFC has higher volatility (7.25%) compared to SO (6.02%). In terms of maximum drawdown, TFC dropped -66.56% vs SO's -38.43%.
TFC currently has the higher Sharpe Ratio (0.81 vs 0.25), 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.
Find the right allocation for TFC and SO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer