T vs VZ: AT&T Inc. and Verizon Communications compared

Over the past five years, $10,000 in T grew to $16,517, against $12,153 in VZ. It also fell less at its worst: −29%, against −38%.

stock head-to-headdividends reinvesteddata through Sep 2026

growth of $10,000
as of Sep 2026T $16,517VZ $12,153

the gap between themT ahead by $4,364

T solid · VZ dashed · weekly closes, dividends reinvested

who comes out aheadT 2 · 2 VZ

Even at 2 each. The difference is in the details below.

  • Grew more over five yearsT +65% · VZ +22%AT&T Inc. logoT
  • Fell less at its worstT −29% · VZ −38%AT&T Inc. logoT
  • Calmer rideT 24% vol · VZ 23% volVerizon Communications logoVZ
  • Pays more incomeT 4.37% · VZ 5.88%Verizon Communications logoVZ

related · correlation 0.69

01The numbers

Side by side, line by line

head to head11 lines
T and VZ compared on price, size, returns, risk and cost
MetricAT&T Inc. logoTVerizon Communications logoVZ
Price$25.40$48.09
Market value$174.05B$199.80B
1-year return−8.3%+18.2% (ahead)
3-year return, a year+25.0% (ahead)+20.3%
5-year return, a year+10.6% (ahead)+4.0%
Volatility, a year24%23% (ahead)
Worst drawdown−29% (ahead)−38%
Worst week−10.5% (ahead)Jul 2022−12.9%Jul 2022
Beta0.430.24
P/E ratio8.4×12.5×
Dividend yield4.37%5.88%
marks the side ahead on lines with a direction: higher return, lower volatility, shallower fall, lower fee
02Together

Do T and VZ move together?

correlationrelated
0.69Related: they share a direction more often than not, with real room to diverge.

Correlation compares T’s and VZ’s weekly returns from Sep 2021 to Sep 2026. Two holdings near +1 fall on the same weeks, so owning both doesn’t cushion anything. Your portfolio has more than two lines, and Portfolio Terminal runs this check across every pair you hold.

Pearson correlation of weekly returns|+1 always together, 0 unrelated, −1 always opposite
03Drawdowns

How far each one fell

drawdownsbelow each one’s previous high
as of Sep 2026T −10.6%VZ −5.0%

T

−29%

From its Jun 2022 high to Jul 2023. Back at that high by Jun 2024.

VZ

−38%

From its Feb 2022 high to Oct 2023. Back at that high by Mar 2025.

Worst peak-to-trough fall on weekly closes · dividends reinvested

04Questions

T vs VZ: what people ask

questions5 answered

Is T better than VZ?

Over the past five years, T delivered the higher return: +10.6% a year against +4.0% for VZ, dividends reinvested. Its worst fall was also shallower (−29% against −38%). Which is better depends on the job it does in your portfolio, and past returns don’t predict future ones.

What is the difference between T and VZ?

T is AT&T Inc. (Telecom Services), worth $174.05B. VZ is Verizon Communications (Telecom Services), worth $199.80B.

Should I own both T and VZ?

Their weekly returns had a correlation of 0.69 over the past five years. They share a direction more often than not, with real room to diverge. Whether that suits you depends on everything else you hold, which is the check Portfolio Terminal runs across a whole portfolio.

Which is riskier, T or VZ?

T swung more: 24% annual volatility against 23% for VZ. At their worst, T fell 29% and VZ 38% from a previous high. Against the broad market, their betas are 0.43 and 0.24.

Which pays a higher dividend, T or VZ?

VZ currently yields 5.88%, against 4.37% for T. Yields move with price, so a higher yield can also mean a falling price.

Compare something else

Any two stocks or ETFs. Keep T or swap both.

AT&T Inc. logo
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Returns use weekly closes adjusted for dividends and splits, from Sep 2021 to Sep 2026. Quotes, fees and holdings come from public market data and refresh hourly. This page describes what happened; it is not investment advice, and past performance doesn’t predict future returns.