WRB vs. T

Last updated Jun 13, 2026

WRB (W. R. Berkley Corporation) and T (AT&T Inc.) are both stocks. WRB operates in Insurance - Property & Casualty (Financial Services), while T operates in Telecom Services (Communication Services). Over the past 10 years, WRB returned 17.92%/yr vs 3.33%/yr for T. At a 0.24 correlation, their price movements are largely independent.

Performance

WRB vs. T - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in W. R. Berkley Corporation (WRB) 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, WRB achieves a -2.51% return, which is significantly higher than T's -2.96% return. Over the past 10 years, WRB has outperformed T with an annualized return of 17.92%, while T has yielded a comparatively lower 3.33% annualized return.

WRB

• 1D: 1.08%
• 1M: 2.74%
• YTD: -2.51%
• 6M: 0.17%
• 1Y: -4.36%
• 3Y*: 24.41%
• 5Y*: 17.90%
• 10Y*: 17.92%

T

• 1D: 2.52%
• 1M: -1.87%
• YTD: -2.96%
• 6M: -1.93%
• 1Y: -12.71%
• 3Y*: 20.58%
• 5Y*: 7.38%
• 10Y*: 3.33%

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

WRB vs. T - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WRB W. R. Berkley Corporation	-2.51%	23.02%	27.19%	0.25%	33.92%	27.39%	-3.14%	43.80%	5.96%	10.21%
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 WRB and T is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984	0.24

The correlation between WRB and T shifts across timeframes, from 0.24 (all time) to 0.36 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS WRB : $4.45 T : $3.04
PE Ratio WRB : 15.34 T : 7.74
PEG Ratio WRB : 0.89 T : 0.32
PS Ratio WRB : 1.86 T : 1.35
Total Revenue (TTM) WRB : $14.71B T : $125.65B
Gross Profit (TTM) WRB : $2.91B T : $105.41B
EBITDA (TTM) WRB : $2.37B T : $54.70B

Return for Risk

WRB vs. T — Risk / Return Rank

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

WRB

WRB Risk / Return Rank: 31
WRB Sharpe Ratio Rank: 33
WRB Sortino Ratio Rank: 28
WRB Omega Ratio Rank: 28
WRB Calmar Ratio Rank: 34
WRB Martin Ratio Rank: 33

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.

WRB vs. T - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for W. R. Berkley Corporation (WRB) 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.

	WRB	T	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	-0.59	+0.35
Sortino ratio: Return per unit of downside risk	-0.18	-0.72	+0.54
Omega ratio: Gain probability vs. loss probability	0.98	0.92	+0.06
Calmar ratio: Return relative to maximum drawdown	-0.29	-0.59	+0.31
Martin ratio: Return relative to average drawdown	-0.54	-1.22	+0.68

WRB vs. T - Sharpe Ratio Comparison

The current WRB Sharpe Ratio is -0.24, which is higher than the T Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of WRB 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

WRB vs. T - Drawdown Comparison

The maximum WRB drawdown since its inception was -69.33%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for WRB and T.

Drawdown Indicators

	WRB	T	Difference
Max Drawdown Largest peak-to-trough decline	-69.33%	-64.15%	-5.18%
Max Drawdown (1Y) Largest decline over 1 year	-17.62%	-21.87%	+4.25%
Max Drawdown (3Y) Largest decline over 3 years	-17.62%	-21.87%	+4.25%
Max Drawdown (5Y) Largest decline over 5 years	-26.29%	-32.01%	+5.72%
Max Drawdown (10Y) Largest decline over 10 years	-45.35%	-42.35%	-3.00%
Current Drawdown Current decline from peak	-11.49%	-18.12%	+6.63%
Average Drawdown Average peak-to-trough decline	-14.58%	-15.72%	+1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.29%	10.64%	-1.35%

Volatility

WRB vs. T - Volatility Comparison

The current volatility for W. R. Berkley Corporation (WRB) is 7.63%, while AT&T Inc. (T) has a volatility of 8.21%. This indicates that WRB 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

	WRB	T	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.63%	8.21%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	15.08%	17.80%	-2.72%
Volatility (1Y) Calculated over the trailing 1-year period	21.37%	22.13%	-0.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.83%	24.01%	-1.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.56%	23.73%	+0.83%

Dividends

WRB vs. T - Dividend Comparison

WRB's dividend yield for the trailing twelve months is around 2.72%, 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%
WRB W. R. Berkley Corporation	2.72%	2.64%	2.39%	2.73%	1.22%	2.44%	0.71%	2.43%	2.83%	2.16%	2.27%	0.86%

Financials

Frequently Asked Questions

Can I hold both WRB and T in my portfolio?

WRB and T have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WRB or T?

T has higher volatility (8.21%) compared to WRB (7.63%). In terms of maximum drawdown, WRB dropped -69.33% vs T's -64.15%.

Which has better risk-adjusted returns?

WRB currently has the higher Sharpe Ratio (-0.24 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.