TVE.TO vs. T

Last updated Jun 9, 2026

TVE.TO (Tamarack Valley Energy Ltd.) and T (AT&T Inc.) are both stocks. TVE.TO operates in Oil & Gas E&P (Energy), while T operates in Telecom Services (Communication Services). Over the past 10 years, TVE.TO returned 15.03%/yr vs 3.80%/yr for T. At a 0.12 correlation, their price movements are largely independent.

Performance

TVE.TO vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Tamarack Valley Energy Ltd. (TVE.TO) and AT&T Inc. (T). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TVE.TO is traded in CAD, while T is traded in USD. To make them comparable, the T values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TVE.TO achieves a 74.07% return, which is significantly higher than T's -5.71% return. Over the past 10 years, TVE.TO has outperformed T with an annualized return of 15.03%, while T has yielded a comparatively lower 3.80% annualized return.

TVE.TO

• 1D: 4.06%
• 1M: 14.47%
• YTD: 74.07%
• 6M: 74.35%
• 1Y: 209.16%
• 3Y*: 64.95%
• 5Y*: 42.99%
• 10Y*: 15.03%

T

• 1D: -0.83%
• 1M: -8.72%
• YTD: -5.71%
• 6M: -6.67%
• 1Y: -14.68%
• 3Y*: 20.08%
• 5Y*: 9.65%
• 10Y*: 3.80%

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

TVE.TO vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TVE.TO Tamarack Valley Energy Ltd.	74.07%	71.65%	62.29%	-28.32%	18.84%	203.15%	-36.50%	-15.25%	-17.48%	-17.34%
T AT&T Inc.	-5.71%	8.77%	56.28%	-5.06%	12.46%	-8.14%	-23.24%	39.55%	-15.72%	-10.51%

Correlation

The correlation between TVE.TO and T is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Feb 13, 2008	0.12

The correlation between TVE.TO and T shifts across timeframes, from -0.03 (1 year) to 0.12 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS TVE.TO : -CA$0.19 T : $3.04
PS Ratio TVE.TO : 4.78 T : 1.29
Total Revenue (TTM) TVE.TO : CA$1.44B T : $125.65B
Gross Profit (TTM) TVE.TO : CA$560.03M T : $105.41B
EBITDA (TTM) TVE.TO : CA$596.84M T : $54.70B

Return for Risk

TVE.TO vs. T — Risk / Return Rank

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

TVE.TO

TVE.TO Risk / Return Rank: 99
TVE.TO Sharpe Ratio Rank: 99
TVE.TO Sortino Ratio Rank: 98
TVE.TO Omega Ratio Rank: 98
TVE.TO Calmar Ratio Rank: 99
TVE.TO Martin Ratio Rank: 100

T

T Risk / Return Rank: 11
T Sharpe Ratio Rank: 11
T Sortino Ratio Rank: 12
T Omega Ratio Rank: 13
T Calmar Ratio Rank: 14
T Martin Ratio Rank: 4

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.

TVE.TO vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tamarack Valley Energy Ltd. (TVE.TO) 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.

	TVE.TO	T	Difference
Sharpe ratio: Return per unit of total volatility	6.00	-0.67	+6.67
Sortino ratio: Return per unit of downside risk	5.37	-0.83	+6.21
Omega ratio: Gain probability vs. loss probability	1.74	0.90	+0.83
Calmar ratio: Return relative to maximum drawdown	21.09	-0.69	+21.77
Martin ratio: Return relative to average drawdown	69.24	-1.41	+70.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TVE.TO vs. T - Sharpe Ratio Comparison

The current TVE.TO Sharpe Ratio is 6.00, which is higher than the T Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of TVE.TO and T, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TVE.TO	T	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.00	-0.67	+6.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	0.40	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.16	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.32	-0.23

Drawdowns

TVE.TO vs. T - Drawdown Comparison

The maximum TVE.TO drawdown since its inception was -94.30%, which is greater than T's maximum drawdown of -42.44%. Use the drawdown chart below to compare losses from any high point for TVE.TO and T.

Drawdown Indicators

	TVE.TO	T	Difference
Max Drawdown Largest peak-to-trough decline	-94.30%	-42.44%	-51.86%
Max Drawdown (1Y) Largest decline over 1 year	-9.99%	-21.49%	+11.50%
Max Drawdown (3Y) Largest decline over 3 years	-34.89%	-21.49%	-13.40%
Max Drawdown (5Y) Largest decline over 5 years	-53.72%	-32.89%	-20.83%
Max Drawdown (10Y) Largest decline over 10 years	-91.68%	-42.44%	-49.24%
Current Drawdown Current decline from peak	-0.72%	-21.49%	+20.77%
Average Drawdown Average peak-to-trough decline	-51.19%	-13.77%	-37.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	10.43%	-7.39%

Volatility

TVE.TO vs. T - Volatility Comparison

Tamarack Valley Energy Ltd. (TVE.TO) has a higher volatility of 14.15% compared to AT&T Inc. (T) at 7.35%. This indicates that TVE.TO's price experiences larger fluctuations and is considered to be riskier than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TVE.TO	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.15%	7.35%	+6.80%
Volatility (6M) Calculated over the trailing 6-month period	28.91%	17.38%	+11.53%
Volatility (1Y) Calculated over the trailing 1-year period	35.14%	22.07%	+13.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.69%	24.41%	+19.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.95%	24.30%	+28.65%

Dividends

TVE.TO vs. T - Dividend Comparison

TVE.TO's dividend yield for the trailing twelve months is around 0.94%, less than T's 4.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
T AT&T Inc.	4.93%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%
TVE.TO Tamarack Valley Energy Ltd.	0.94%	1.93%	3.15%	4.90%	2.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both TVE.TO and T in my portfolio?

TVE.TO and T have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.