TBB vs SPY

Comparison between AT&T Inc (TBB, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed TBB, delivering a return of +13.3% compared to +1.7%

TBB vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TBB(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$152B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	26.43%	56.47%
Sharpe Ratio	-0.22	2.07
5Y Beta	0.18	1.00
P/E Ratio	7.05	28.24
Forward P/E	N/A	21.85
PEG Ratio	0.06	N/A
Dividend Yield	9.18%	N/A
5Y Dividends CAGR	10.77%	5.43%
5Y EPS CAGR	4.03%	25.79%
Debt to Equity	5.43%	22.35%
Free Cash Flow Yield	26.48%	N/A
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Market Cap / Net Assets

TBB

$152B

Winner

SPY

$652B

Expense Ratio

TBB

N/A

SPY

0.09%

Max Drawdown

Winner

TBB

26.43%

SPY

56.47%

Sharpe Ratio

TBB

-0.22

Winner

SPY

2.07

5Y Beta

Winner

TBB

0.18

SPY

1.00

P/E Ratio

Winner

TBB

7.05

SPY

28.24

Forward P/E

TBB

N/A

SPY

21.85

PEG Ratio

TBB

0.06

SPY

N/A

Dividend Yield

TBB

9.18%

SPY

N/A

5Y Dividends CAGR

Winner

TBB

10.77%

SPY

5.43%

5Y EPS CAGR

TBB

4.03%

Winner

SPY

25.79%

Debt to Equity

Winner

TBB

5.43%

SPY

22.35%

Free Cash Flow Yield

TBB

26.48%

SPY

N/A

P/S Ratio

TBB

N/A

SPY

3.55

P/B Ratio

TBB

N/A

SPY

5.29

TBB vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	TBB	SPY
1 month	+1.64%	+9.11%
3 months	-1.36%	+6.59%
6 months	-1.69%	+10.56%
1 year	+1.86%	+32.04%
5 years(CAGR)	+1.70%	+13.35%
10 years(CAGR)	+3.58%	+15.49%
Max(CAGR)	+3.58%	+8.50%

TBB

+1.64%

Winner

SPY

+9.11%

TBB

-1.36%

Winner

SPY

+6.59%

TBB

-1.69%

Winner

SPY

+10.56%

TBB

+1.86%

Winner

SPY

+32.04%

5Y(CAGR)

TBB

+1.70%

Winner

SPY

+13.35%

10Y(CAGR)

TBB

+3.58%

Winner

SPY

+15.49%

Max(CAGR)

TBB

+3.58%

Winner

SPY

+8.50%

TBB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TBB	SPY
2026	-0.95%	+8.27%
2025	-3.33%	+18.00%
2024	+8.99%	+25.59%
2023	+13.62%	+26.72%
2022	-11.88%	-18.64%
2021	+0.04%	+30.52%
2020	+6.34%	+17.28%
2019	+24.40%	+31.09%
2018	-8.73%	-5.24%
2017	+3.33%	+20.78%
2016	N/A	+13.59%
2015	N/A	+1.31%
2014	N/A	+14.56%
2013	N/A	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

TBB vs SPY Drawdown Comparison

The maximum drawdown for TBB was -16.09%, occurring on Mar 23, 2020. Recovery took 103 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current TBB drawdown is -5.87%.

Rank	TBB	SPY
#1	-16.09% Jan 13, 2020 - Jun 10, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-15.69% Oct 14, 2021 - Dec 21, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-12.17% Dec 18, 2017 - Jan 31, 2019	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-9.14% Sep 15, 2025 - Mar 31, 2026	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-8.67% Feb 5, 2025 - Sep 11, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-7.93% Mar 21, 2024 - Aug 28, 2024	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-5.93% Dec 31, 2020 - Jun 22, 2021	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-5.24% Oct 23, 2019 - Jan 13, 2020	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-4.24% Feb 1, 2024 - Mar 7, 2024	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-4.12% Oct 18, 2024 - Feb 5, 2025	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-3.22% Aug 28, 2019 - Sep 27, 2019	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-2.90% Jul 31, 2019 - Aug 22, 2019	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-2.74% Jun 10, 2020 - Aug 18, 2020	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.48% Aug 6, 2021 - Oct 14, 2021	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.42% Oct 8, 2020 - Nov 17, 2020	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between TBB and SPY is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (1999 - 2026)

TBB vs SPY dividend yield comparison.

Year	TBB	SPY
2026	3.08%	0.24%
2025	6.01%	1.07%
2024	5.48%	1.21%
2023	5.70%	1.40%
2022	6.17%	1.65%
2021	5.13%	1.20%
2020	3.63%	1.52%
2019	4.99%	1.75%
2018	6.07%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%