VTV vs. T

Last updated Jun 13, 2026

VTV (Vanguard Value ETF) is Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while T (AT&T Inc.) is a stock. Over the past 10 years, VTV returned 12.78%/yr vs 3.33%/yr for T. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

VTV vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Value ETF (VTV) 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, VTV achieves a 14.29% return, which is significantly higher than T's -2.96% return. Over the past 10 years, VTV has outperformed T with an annualized return of 12.78%, while T has yielded a comparatively lower 3.33% annualized return.

VTV

• 1D: 0.93%
• 1M: 4.18%
• YTD: 14.29%
• 6M: 13.99%
• 1Y: 26.89%
• 3Y*: 18.16%
• 5Y*: 11.76%
• 10Y*: 12.78%

T

• 1D: 2.52%
• 1M: -4.69%
• YTD: -2.96%
• 6M: -1.93%
• 1Y: -12.96%
• 3Y*: 20.58%
• 5Y*: 7.38%
• 10Y*: 3.33%

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

VTV vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTV Vanguard Value ETF	14.29%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%
T AT&T Inc.	-2.96%	13.97%	44.08%	-2.74%	5.76%	-8.09%	-21.37%	45.55%	-22.25%	-4.01%

Correlation

The correlation between VTV and T is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004	0.55

Over the past year, the correlation between VTV and T has dropped to 0.14 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.

Return for Risk

VTV vs. T — Risk / Return Rank

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

VTV

VTV Risk / Return Rank: 88
VTV Sharpe Ratio Rank: 89
VTV Sortino Ratio Rank: 90
VTV Omega Ratio Rank: 87
VTV Calmar Ratio Rank: 87
VTV Martin Ratio Rank: 87

T

T Risk / Return Rank: 18
T Sharpe Ratio Rank: 17
T Sortino Ratio Rank: 17
T Omega Ratio Rank: 18
T Calmar Ratio Rank: 21
T Martin Ratio Rank: 15

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.

VTV vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) 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.

	VTV	T	Difference
Sharpe ratio: Return per unit of total volatility	2.61	-0.59	+3.19
Sortino ratio: Return per unit of downside risk	3.71	-0.72	+4.43
Omega ratio: Gain probability vs. loss probability	1.47	0.92	+0.55
Calmar ratio: Return relative to maximum drawdown	4.25	-0.59	+4.85
Martin ratio: Return relative to average drawdown	16.04	-1.22	+17.26

VTV vs. T - Sharpe Ratio Comparison

The current VTV Sharpe Ratio is 2.61, which is higher than the T Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of VTV 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

VTV vs. T - Drawdown Comparison

The maximum VTV drawdown since its inception was -59.27%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for VTV and T.

Drawdown Indicators

	VTV	T	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-64.15%	+4.88%
Max Drawdown (1Y) Largest decline over 1 year	-6.35%	-21.87%	+15.52%
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	-21.87%	+7.35%
Max Drawdown (5Y) Largest decline over 5 years	-17.04%	-32.01%	+14.97%
Max Drawdown (10Y) Largest decline over 10 years	-36.78%	-42.35%	+5.57%
Current Drawdown Current decline from peak	0.00%	-18.12%	+18.12%
Average Drawdown Average peak-to-trough decline	-7.86%	-15.72%	+7.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	10.64%	-8.96%

Volatility

VTV vs. T - Volatility Comparison

The current volatility for Vanguard Value ETF (VTV) is 3.34%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that VTV 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.

Volatility by Period

	VTV	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	8.21%	-4.87%
Volatility (6M) Calculated over the trailing 6-month period	7.82%	17.80%	-9.98%
Volatility (1Y) Calculated over the trailing 1-year period	10.38%	22.13%	-11.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.92%	24.01%	-10.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.68%	23.73%	-7.05%

Dividends

VTV vs. T - Dividend Comparison

VTV's dividend yield for the trailing twelve months is around 1.83%, less than T's 4.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
T AT&T Inc.	4.71%	4.47%	4.87%	6.62%	6.66%	8.46%	7.23%	5.22%	7.01%	5.04%	4.51%	5.46%
VTV Vanguard Value ETF	1.83%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both VTV and T in my portfolio?

VTV and T have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTV or T?

T has higher volatility (8.21%) compared to VTV (3.34%). In terms of maximum drawdown, VTV dropped -59.27% vs T's -64.15%.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.61 vs -0.59), 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.