CHTR vs T: Correlation
How closely do Charter Communications (CHTR) and AT&T (T) trade together? Their weekly returns over three years give a correlation of 0.26, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and T?
Over the past 3 years, CHTR and T moved with a correlation of 0.26, which is weak. Little has changed lately, as the 1-year reading of 0.26 lands near the 3-year figure. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 240.0 %².
By 3-year correlation, T places #22 of the 35 assets tracked against CHTR. The last year tells two different stories: T led by 36.5 percentage points, -44.9% for CHTR against -8.4% for T. The rolling one-year correlation moved between 0.07 and 0.41 over the past three years, a moderate range. Risk is not evenly split, since CHTR carries 1.8 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CHTR vs T: side by side
| CHTR (Charter Communications) | T (AT&T) | |
|---|---|---|
| 1-year return | -44.9% | -8.4% |
| 5-year return | -81.8% | +67.2% |
| Volatility (ann.) | 41.3% | 22.4% |
| Beta vs S&P 500 | 0.74 | 0.05 |
| Max drawdown (3Y) | -72.9% | -28.9% |
| Market cap | $20.0B | $174.3B |
| P/E (trailing) | 4.0 | 8.4 |
| Dividend yield | 0.00% | 4.29% |
| Sector / category | Communication Services | Communication Services |
Year-by-year returns
| Year | CHTR | T |
|---|---|---|
| 2022 | -48.0% | +6.5% |
| 2023 | +14.6% | -2.7% |
| 2024 | -11.8% | +44.1% |
| 2025 | -39.1% | +14.0% |
| 2026 | -28.9% | +6.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and T good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CHTR and T?
Using weekly returns as of 2026-08-27: 0.26 over 3 years, with 0.26 over the last year and 0.27 over 5 years.
Is T a good diversifier for CHTR?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
A reading of 0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CHTR correlations · T correlations
