WM vs. T
WM (Waste Management, Inc.) and T (AT&T Inc.) are both stocks. WM operates in Waste Management (Industrials), while T operates in Telecom Services (Communication Services). Over the past 10 years, WM returned 15.28%/yr vs 3.11%/yr for T. At a 0.27 correlation, their price movements are largely independent.
Performance
WM vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, WM achieves a -0.44% return, which is significantly higher than T's -4.15% return. Over the past 10 years, WM has outperformed T with an annualized return of 15.28%, while T has yielded a comparatively lower 3.11% annualized return.
WM
- 1D
- -1.14%
- 1M
- -0.88%
- YTD
- -0.44%
- 6M
- 0.20%
- 1Y
- -6.80%
- 3Y*
- 11.24%
- 5Y*
- 10.90%
- 10Y*
- 15.28%
T
- 1D
- -1.23%
- 1M
- -3.08%
- YTD
- -4.15%
- 6M
- -2.06%
- 1Y
- -13.78%
- 3Y*
- 19.48%
- 5Y*
- 7.30%
- 10Y*
- 3.11%
WM vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WM Waste Management, Inc. | -0.44% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | 5.46% | 30.45% | 5.32% | 24.46% |
T AT&T Inc. | -4.15% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between WM and T is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 1991 | 0.27 |
The correlation between WM and T shifts across timeframes, from 0.21 (1 year) to 0.33 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
WM:
$6.91
T:
$3.04
WM:
31.40
T:
7.65
WM:
2.57
T:
0.32
WM:
3.45
T:
1.33
WM:
$25.41B
T:
$125.65B
WM:
$5.61B
T:
$105.41B
WM:
$6.96B
T:
$54.70B
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Return for Risk
WM vs. T — Risk / Return Rank
WM
T
WM vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Waste Management, Inc. (WM) 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.
| WM | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.91 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | -0.63 | +0.22 |
| Martin ratioReturn relative to average drawdown | -0.90 | -1.29 | +0.39 |
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Drawdowns
WM vs. T - Drawdown Comparison
The maximum WM drawdown since its inception was -77.85%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for WM and T.
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Drawdown Indicators
| WM | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.85% | -64.15% | -13.70% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -21.87% | +5.17% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -21.87% | +3.73% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -32.01% | +13.87% |
Max Drawdown (10Y)Largest decline over 10 years | -30.07% | -42.35% | +12.28% |
Current DrawdownCurrent decline from peak | -11.26% | -19.13% | +7.87% |
Average DrawdownAverage peak-to-trough decline | -17.68% | -15.72% | -1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.59% | 10.70% | -3.11% |
Volatility
WM vs. T - Volatility Comparison
The current volatility for Waste Management, Inc. (WM) is 6.15%, while AT&T Inc. (T) has a volatility of 8.27%. This indicates that WM 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
| WM | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.15% | 8.27% | -2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 14.06% | 17.84% | -3.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.06% | 22.21% | -3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.63% | 24.03% | -5.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.54% | 23.74% | -4.20% |
Dividends
WM vs. T - Dividend Comparison
WM's dividend yield for the trailing twelve months is around 1.63%, less than T's 4.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | 4.77% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
WM Waste Management, Inc. | 1.63% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Financials
WM vs. T - Financials Comparison
This section allows you to compare key financial metrics between Waste Management, 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
WM and T have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (8.27%) compared to WM (6.15%). In terms of maximum drawdown, WM dropped -77.85% vs T's -64.15%.
WM currently has the higher Sharpe Ratio (-0.36 vs -0.62), 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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