TMUS vs. SBAC
TMUS (T-Mobile US, Inc.) and SBAC (SBA Communications Corporation) are both stocks. TMUS operates in Telecom Services (Communication Services), while SBAC operates in REIT - Specialty (Real Estate). Over the past 10 years, TMUS returned 16.56%/yr vs 8.45%/yr for SBAC. At a 0.35 correlation, their price movements are largely independent.
Performance
TMUS vs. SBAC - Performance Comparison
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Returns By Period
In the year-to-date period, TMUS achieves a -7.68% return, which is significantly lower than SBAC's 8.57% return. Over the past 10 years, TMUS has outperformed SBAC with an annualized return of 16.56%, while SBAC has yielded a comparatively lower 8.45% annualized return.
TMUS
- 1D
- 3.39%
- 1M
- -2.25%
- YTD
- -7.68%
- 6M
- -4.03%
- 1Y
- -20.23%
- 3Y*
- 13.89%
- 5Y*
- 5.95%
- 10Y*
- 16.56%
SBAC
- 1D
- 1.25%
- 1M
- -3.99%
- YTD
- 8.57%
- 6M
- 10.98%
- 1Y
- -6.16%
- 3Y*
- -0.62%
- 5Y*
- -6.71%
- 10Y*
- 8.45%
TMUS vs. SBAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TMUS T-Mobile US, Inc. | -7.68% | -6.58% | 39.70% | 15.02% | 20.71% | -13.99% | 71.96% | 23.28% | 0.16% | 10.43% |
SBAC SBA Communications Corporation | 8.57% | -3.13% | -18.18% | -8.15% | -27.30% | 38.95% | 17.81% | 49.30% | -0.90% | 58.20% |
Correlation
The correlation between TMUS and SBAC is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2007 | 0.35 |
The correlation between TMUS and SBAC shifts across timeframes, from 0.23 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TMUS:
$204.49B
SBAC:
$22.00B
TMUS:
$9.41
SBAC:
$9.50
TMUS:
19.72
SBAC:
21.82
TMUS:
0.30
SBAC:
0.44
TMUS:
2.30
SBAC:
7.78
TMUS:
$90.53B
SBAC:
$2.85B
TMUS:
$34.92B
SBAC:
$1.28B
TMUS:
$28.22B
SBAC:
$1.74B
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Return for Risk
TMUS vs. SBAC — Risk / Return Rank
TMUS
SBAC
TMUS vs. SBAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Mobile US, Inc. (TMUS) and SBA Communications Corporation (SBAC). 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.
| TMUS | SBAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.99 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | -0.21 | -0.46 |
| Martin ratioReturn relative to average drawdown | -1.14 | -0.39 | -0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TMUS | SBAC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.81 | -0.19 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | -0.23 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.30 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.23 | -0.02 |
Drawdowns
TMUS vs. SBAC - Drawdown Comparison
The maximum TMUS drawdown since its inception was -86.29%, smaller than the maximum SBAC drawdown of -99.65%. Use the drawdown chart below to compare losses from any high point for TMUS and SBAC.
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Drawdown Indicators
| TMUS | SBAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.29% | -99.65% | +13.36% |
Max Drawdown (1Y)Largest decline over 1 year | -30.37% | -29.80% | -0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -33.65% | -32.21% | -1.44% |
Max Drawdown (5Y)Largest decline over 5 years | -33.65% | -54.50% | +20.85% |
Max Drawdown (10Y)Largest decline over 10 years | -33.65% | -54.50% | +20.85% |
Current DrawdownCurrent decline from peak | -30.45% | -42.54% | +12.09% |
Average DrawdownAverage peak-to-trough decline | -25.96% | -35.39% | +9.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.73% | 15.90% | +1.83% |
Volatility
TMUS vs. SBAC - Volatility Comparison
The current volatility for T-Mobile US, Inc. (TMUS) is 7.77%, while SBA Communications Corporation (SBAC) has a volatility of 10.58%. This indicates that TMUS experiences smaller price fluctuations and is considered to be less risky than SBAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TMUS | SBAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | 10.58% | -2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 19.29% | 27.66% | -8.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.05% | 32.45% | -7.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.90% | 29.34% | -5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.08% | 28.12% | -2.04% |
Dividends
TMUS vs. SBAC - Dividend Comparison
TMUS's dividend yield for the trailing twelve months is around 2.12%, less than SBAC's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
SBAC SBA Communications Corporation | 2.28% | 2.30% | 1.92% | 1.34% | 1.01% | 0.60% | 0.66% | 0.31% |
TMUS T-Mobile US, Inc. | 2.12% | 1.80% | 1.28% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TMUS vs. SBAC - Financials Comparison
This section allows you to compare key financial metrics between T-Mobile US, Inc. and SBA Communications Corporation. 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
TMUS vs. SBAC - Profitability Comparison
TMUS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported a gross profit of 0.00 and revenue of 23.11B. Therefore, the gross margin over that period was 0.0%.
SBAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported a gross profit of 0.00 and revenue of 703.44M. Therefore, the gross margin over that period was 0.0%.
TMUS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported an operating income of 4.50B and revenue of 23.11B, resulting in an operating margin of 19.5%.
SBAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported an operating income of 342.85M and revenue of 703.44M, resulting in an operating margin of 48.7%.
TMUS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported a net income of 2.50B and revenue of 23.11B, resulting in a net margin of 10.8%.
SBAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported a net income of 184.83M and revenue of 703.44M, resulting in a net margin of 26.3%.
Frequently Asked Questions
TMUS and SBAC have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBAC has higher volatility (10.58%) compared to TMUS (7.77%). In terms of maximum drawdown, TMUS dropped -86.29% vs SBAC's -99.65%.
SBAC currently has the higher Sharpe Ratio (-0.19 vs -0.81), 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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