UNVGY vs. T

Last updated Jun 23, 2026

UNVGY (Universal Music Group N.V) and T (AT&T Inc.) are both stocks. Both are in the Communication Services sector — UNVGY in Entertainment, T in Telecom Services. Over the past 3 years, UNVGY returned 1.85%/yr vs 18.94%/yr for T. At a 0.11 correlation, their price movements are largely independent.

Performance

UNVGY vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Universal Music Group N.V (UNVGY) and AT&T Inc. (T). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UNVGY achieves a -19.31% return, which is significantly lower than T's -9.05% return.

UNVGY

• 1D: -2.63%
• 1M: -12.26%
• YTD: -19.31%
• 6M: -18.56%
• 1Y: -30.91%
• 3Y*: 1.85%
• 5Y*: —
• 10Y*: —

T

• 1D: 0.41%
• 1M: -12.51%
• YTD: -9.05%
• 6M: -7.03%
• 1Y: -16.95%
• 3Y*: 18.94%
• 5Y*: 6.49%
• 10Y*: 2.37%

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

UNVGY vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
UNVGY Universal Music Group N.V	-19.31%	4.23%	-8.97%	22.06%	-11.72%	-10.09%
T AT&T Inc.	-9.05%	13.97%	44.08%	-2.74%	5.76%	-1.13%

Correlation

The correlation between UNVGY and T is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021	0.11

The correlation between UNVGY and T shifts across timeframes, from -0.02 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Fundamentals

EPS UNVGY : €0.98 T : $3.04
PE Ratio UNVGY : 9.27 T : 7.26
PEG Ratio UNVGY : 0.46 T : 0.30
PS Ratio UNVGY : 1.38 T : 1.26
Total Revenue (TTM) UNVGY : €24.29B T : $125.65B
Gross Profit (TTM) UNVGY : €10.15B T : $105.41B
EBITDA (TTM) UNVGY : €4.88B T : $54.70B

Return for Risk

UNVGY vs. T — Risk / Return Rank

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

UNVGY

UNVGY Risk / Return Rank: 11
UNVGY Sharpe Ratio Rank: 7
UNVGY Sortino Ratio Rank: 9
UNVGY Omega Ratio Rank: 9
UNVGY Calmar Ratio Rank: 17
UNVGY Martin Ratio Rank: 13

T

T Risk / Return Rank: 11
T Sharpe Ratio Rank: 10
T Sortino Ratio Rank: 12
T Omega Ratio Rank: 13
T Calmar Ratio Rank: 15
T Martin Ratio Rank: 5

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.

UNVGY vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Universal Music Group N.V (UNVGY) 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.

	UNVGY	T	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	-0.76	-0.15
Sortino ratio: Return per unit of downside risk	-1.22	-0.99	-0.23
Omega ratio: Gain probability vs. loss probability	0.84	0.89	-0.04
Calmar ratio: Return relative to maximum drawdown	-0.68	-0.72	+0.04
Martin ratio: Return relative to average drawdown	-1.25	-1.54	+0.28

UNVGY vs. T - Sharpe Ratio Comparison

The current UNVGY Sharpe Ratio is -0.91, which is comparable to the T Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of UNVGY 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.

Drawdowns

UNVGY vs. T - Drawdown Comparison

The maximum UNVGY drawdown since its inception was -47.32%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for UNVGY and T.

Drawdown Indicators

	UNVGY	T	Difference
Max Drawdown Largest peak-to-trough decline	-47.32%	-64.15%	+16.83%
Max Drawdown (1Y) Largest decline over 1 year	-45.81%	-23.57%	-22.24%
Max Drawdown (3Y) Largest decline over 3 years	-45.81%	-23.57%	-22.24%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.35%	—
Current Drawdown Current decline from peak	-35.72%	-23.26%	-12.46%
Average Drawdown Average peak-to-trough decline	-19.90%	-15.72%	-4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.73%	11.06%	+13.67%

Volatility

UNVGY vs. T - Volatility Comparison

Universal Music Group N.V (UNVGY) has a higher volatility of 10.28% compared to AT&T Inc. (T) at 7.92%. This indicates that UNVGY'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

	UNVGY	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.28%	7.92%	+2.36%
Volatility (6M) Calculated over the trailing 6-month period	28.56%	18.08%	+10.48%
Volatility (1Y) Calculated over the trailing 1-year period	34.29%	22.46%	+11.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.58%	24.08%	+13.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.58%	23.77%	+13.81%

Dividends

UNVGY vs. T - Dividend Comparison

UNVGY's dividend yield for the trailing twelve months is around 2.91%, less than T's 5.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
T AT&T Inc.	5.02%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%
UNVGY Universal Music Group N.V	2.91%	2.28%	2.14%	1.96%	1.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both UNVGY and T in my portfolio?

UNVGY and T have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UNVGY or T?

UNVGY has higher volatility (10.28%) compared to T (7.92%). In terms of maximum drawdown, UNVGY dropped -47.32% vs T's -64.15%.

Which has better risk-adjusted returns?

T currently has the higher Sharpe Ratio (-0.76 vs -0.91), 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.