CSCO vs. HPE
CSCO (Cisco Systems, Inc.) and HPE (Hewlett Packard Enterprise Company) are both stocks. Both operate in the Communication Equipment industry within the Technology sector. Over the past 10 years, CSCO returned 19.47%/yr vs 19.66%/yr for HPE. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
CSCO vs. HPE - Performance Comparison
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Returns By Period
In the year-to-date period, CSCO achieves a 59.47% return, which is significantly lower than HPE's 103.38% return. Both investments have delivered pretty close results over the past 10 years, with CSCO having a 19.47% annualized return and HPE not far ahead at 19.66%.
CSCO
- 1D
- 1.66%
- 1M
- 0.93%
- YTD
- 59.47%
- 6M
- 57.27%
- 1Y
- 87.47%
- 3Y*
- 37.92%
- 5Y*
- 21.59%
- 10Y*
- 19.47%
HPE
- 1D
- 2.09%
- 1M
- 29.17%
- YTD
- 103.38%
- 6M
- 97.79%
- 1Y
- 175.09%
- 3Y*
- 46.83%
- 5Y*
- 30.98%
- 10Y*
- 19.66%
CSCO vs. HPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSCO Cisco Systems, Inc. | 59.47% | 33.47% | 21.00% | 9.30% | -22.46% | 45.76% | -3.49% | 13.81% | 16.57% | 31.27% |
HPE Hewlett Packard Enterprise Company | 103.38% | 15.54% | 29.14% | 9.72% | 4.49% | 37.37% | -21.94% | 23.74% | -5.62% | 7.83% |
Correlation
The correlation between CSCO and HPE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2015 | 0.53 |
The correlation between CSCO and HPE has been stable across timeframes, ranging from 0.43 to 0.53 - a consistent structural relationship.
Fundamentals
CSCO:
$484.54B
HPE:
$65.63B
CSCO:
$3.00
HPE:
$1.10
CSCO:
40.55
HPE:
44.08
CSCO:
34.02
HPE:
0.55
CSCO:
7.98
HPE:
1.70
CSCO:
9.92
HPE:
2.59
CSCO:
$60.75B
HPE:
$38.88B
CSCO:
$39.08B
HPE:
$5.56B
CSCO:
$13.98B
HPE:
$2.70B
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Return for Risk
CSCO vs. HPE — Risk / Return Rank
CSCO
HPE
CSCO vs. HPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cisco Systems, Inc. (CSCO) and Hewlett Packard Enterprise Company (HPE). 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.
| CSCO | HPE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.55 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 6.48 | 7.42 | -0.95 |
| Martin ratioReturn relative to average drawdown | 17.34 | 17.19 | +0.15 |
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Drawdowns
CSCO vs. HPE - Drawdown Comparison
The maximum CSCO drawdown since its inception was -89.26%, which is greater than HPE's maximum drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for CSCO and HPE.
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Drawdown Indicators
| CSCO | HPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.26% | -56.88% | -32.38% |
Max Drawdown (1Y)Largest decline over 1 year | -13.57% | -23.73% | +10.16% |
Max Drawdown (3Y)Largest decline over 3 years | -20.16% | -48.36% | +28.20% |
Max Drawdown (5Y)Largest decline over 5 years | -36.68% | -48.36% | +11.68% |
Max Drawdown (10Y)Largest decline over 10 years | -41.95% | -56.88% | +14.93% |
Current DrawdownCurrent decline from peak | -6.52% | -13.55% | +7.03% |
Average DrawdownAverage peak-to-trough decline | -40.10% | -14.71% | -25.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 10.23% | -5.17% |
Volatility
CSCO vs. HPE - Volatility Comparison
The current volatility for Cisco Systems, Inc. (CSCO) is 11.90%, while Hewlett Packard Enterprise Company (HPE) has a volatility of 28.09%. This indicates that CSCO experiences smaller price fluctuations and is considered to be less risky than HPE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSCO | HPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.90% | 28.09% | -16.19% |
Volatility (6M)Calculated over the trailing 6-month period | 27.22% | 40.20% | -12.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.02% | 49.18% | -18.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.89% | 39.12% | -14.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.92% | 37.18% | -11.26% |
Dividends
CSCO vs. HPE - Dividend Comparison
CSCO's dividend yield for the trailing twelve months is around 1.36%, more than HPE's 1.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSCO Cisco Systems, Inc. | 1.36% | 2.12% | 2.69% | 3.07% | 3.17% | 2.32% | 3.20% | 2.88% | 2.95% | 2.95% | 3.28% | 3.02% |
HPE Hewlett Packard Enterprise Company | 1.15% | 2.22% | 2.44% | 2.89% | 3.01% | 3.04% | 4.05% | 2.88% | 3.12% | 70.62% | 0.99% | 0.36% |
Financials
CSCO vs. HPE - Financials Comparison
This section allows you to compare key financial metrics between Cisco Systems, Inc. and Hewlett Packard Enterprise Company. 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
CSCO vs. HPE - Profitability Comparison
CSCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cisco Systems, Inc. reported a gross profit of 10.08B and revenue of 15.84B. Therefore, the gross margin over that period was 63.6%.
HPE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported a gross profit of -3.34B and revenue of 10.68B. Therefore, the gross margin over that period was -31.3%.
CSCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cisco Systems, Inc. reported an operating income of 3.96B and revenue of 15.84B, resulting in an operating margin of 25.0%.
HPE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported an operating income of 319.00M and revenue of 10.68B, resulting in an operating margin of 3.0%.
CSCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cisco Systems, Inc. reported a net income of 3.37B and revenue of 15.84B, resulting in a net margin of 21.3%.
HPE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hewlett Packard Enterprise Company reported a net income of 604.00M and revenue of 10.68B, resulting in a net margin of 5.7%.
Frequently Asked Questions
CSCO and HPE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HPE has higher volatility (28.09%) compared to CSCO (11.90%). In terms of maximum drawdown, CSCO dropped -89.26% vs HPE's -56.88%.
HPE currently has the higher Sharpe Ratio (3.59 vs 2.84), 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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