VZ vs. T
VZ (Verizon Communications Inc.) and T (AT&T Inc.) are both stocks. Both operate in the Telecom Services industry within the Communication Services sector. Over the past 10 years, VZ returned 3.68%/yr vs 2.52%/yr for T. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
VZ vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, VZ achieves a 15.03% return, which is significantly higher than T's -9.42% return. Over the past 10 years, VZ has outperformed T with an annualized return of 3.68%, while T has yielded a comparatively lower 2.52% annualized return.
VZ
- 1D
- -1.03%
- 1M
- -6.16%
- YTD
- 15.03%
- 6M
- 17.66%
- 1Y
- 16.13%
- 3Y*
- 15.05%
- 5Y*
- 2.08%
- 10Y*
- 3.68%
T
- 1D
- -1.92%
- 1M
- -12.87%
- YTD
- -9.42%
- 6M
- -6.83%
- 1Y
- -17.29%
- 3Y*
- 17.25%
- 5Y*
- 6.40%
- 10Y*
- 2.52%
VZ vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VZ Verizon Communications Inc. | 15.03% | 8.86% | 13.14% | 2.71% | -20.02% | -7.55% | -0.13% | 13.83% | 11.26% | 3.97% |
T AT&T Inc. | -9.42% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between VZ and T is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2000 | 0.67 |
The correlation between VZ and T has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.
Fundamentals
VZ:
$4.10
T:
$3.04
VZ:
11.06
T:
7.23
VZ:
1.38
T:
1.26
VZ:
$139.15B
T:
$125.65B
VZ:
$81.89B
T:
$105.41B
VZ:
$48.65B
T:
$54.70B
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Return for Risk
VZ vs. T — Risk / Return Rank
VZ
T
VZ vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Verizon Communications Inc. (VZ) 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.
| VZ | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.89 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | -0.72 | +1.94 |
| Martin ratioReturn relative to average drawdown | 2.58 | -1.55 | +4.13 |
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Drawdowns
VZ vs. T - Drawdown Comparison
The maximum VZ drawdown since its inception was -50.66%, smaller than the maximum T drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for VZ and T.
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Drawdown Indicators
| VZ | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.66% | -64.15% | +13.49% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -23.57% | +10.25% |
Max Drawdown (3Y)Largest decline over 3 years | -14.93% | -23.57% | +8.64% |
Max Drawdown (5Y)Largest decline over 5 years | -38.38% | -32.01% | -6.37% |
Max Drawdown (10Y)Largest decline over 10 years | -41.21% | -42.35% | +1.14% |
Current DrawdownCurrent decline from peak | -10.37% | -23.57% | +13.20% |
Average DrawdownAverage peak-to-trough decline | -14.82% | -15.72% | +0.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.31% | 10.96% | -4.65% |
Volatility
VZ vs. T - Volatility Comparison
The current volatility for Verizon Communications Inc. (VZ) is 7.00%, while AT&T Inc. (T) has a volatility of 7.86%. This indicates that VZ 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.
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Volatility by Period
| VZ | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.00% | 7.86% | -0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 18.16% | 18.12% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.88% | 22.42% | +0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.70% | 24.08% | -2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.38% | 23.76% | -3.38% |
Dividends
VZ vs. T - Dividend Comparison
VZ's dividend yield for the trailing twelve months is around 6.09%, more than T's 5.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | 5.04% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
VZ Verizon Communications Inc. | 6.09% | 6.68% | 6.68% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% |
Financials
VZ vs. T - Financials Comparison
This section allows you to compare key financial metrics between Verizon Communications Inc. and AT&T Inc.. 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
Frequently Asked Questions
VZ and T have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (7.86%) compared to VZ (7.00%). In terms of maximum drawdown, VZ dropped -50.66% vs T's -64.15%.
VZ currently has the higher Sharpe Ratio (0.71 vs -0.76), 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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