CSCO vs. VTES
CSCO (Cisco Systems, Inc.) is a stock, while VTES (Vanguard Short-Term Tax-Exempt Bond ETF) is Municipal Bonds fund tracking the S&P 0-7 Year National AMT-Free Municipal Bond Index. Over the past 3 years, CSCO returned 37.78%/yr vs 3.09%/yr for VTES. At a 0.02 correlation, their price movements are largely independent.
Performance
CSCO vs. VTES - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSCO achieves a 58.97% return, which is significantly higher than VTES's 0.76% return.
CSCO
- 1D
- -0.31%
- 1M
- 0.61%
- YTD
- 58.97%
- 6M
- 56.96%
- 1Y
- 83.94%
- 3Y*
- 37.78%
- 5Y*
- 21.50%
- 10Y*
- 19.44%
VTES
- 1D
- 0.01%
- 1M
- 0.58%
- YTD
- 0.76%
- 6M
- 0.87%
- 1Y
- 3.26%
- 3Y*
- 3.09%
- 5Y*
- —
- 10Y*
- —
CSCO vs. VTES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CSCO Cisco Systems, Inc. | 58.97% | 33.47% | 21.00% | 5.18% |
VTES Vanguard Short-Term Tax-Exempt Bond ETF | 0.76% | 4.19% | 1.85% | 3.32% |
Correlation
The correlation between CSCO and VTES is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2023 | 0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CSCO vs. VTES — Risk / Return Rank
CSCO
VTES
CSCO vs. VTES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cisco Systems, Inc. (CSCO) and Vanguard Short-Term Tax-Exempt Bond ETF (VTES). 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 | VTES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.61 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 6.22 | 2.23 | +3.99 |
| Martin ratioReturn relative to average drawdown | 16.58 | 6.38 | +10.20 |
Loading charts...
Drawdowns
CSCO vs. VTES - Drawdown Comparison
The maximum CSCO drawdown since its inception was -89.26%, which is greater than VTES's maximum drawdown of -2.42%. Use the drawdown chart below to compare losses from any high point for CSCO and VTES.
Loading charts...
Drawdown Indicators
| CSCO | VTES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.26% | -2.42% | -86.84% |
Max Drawdown (1Y)Largest decline over 1 year | -13.57% | -1.47% | -12.10% |
Max Drawdown (3Y)Largest decline over 3 years | -20.16% | -1.80% | -18.36% |
Max Drawdown (5Y)Largest decline over 5 years | -36.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.95% | — | — |
Current DrawdownCurrent decline from peak | -6.81% | -0.52% | -6.29% |
Average DrawdownAverage peak-to-trough decline | -40.09% | -0.50% | -39.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.08% | 0.51% | +4.57% |
Volatility
CSCO vs. VTES - Volatility Comparison
Cisco Systems, Inc. (CSCO) has a higher volatility of 11.48% compared to Vanguard Short-Term Tax-Exempt Bond ETF (VTES) at 0.27%. This indicates that CSCO's price experiences larger fluctuations and is considered to be riskier than VTES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CSCO | VTES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.48% | 0.27% | +11.21% |
Volatility (6M)Calculated over the trailing 6-month period | 27.21% | 0.98% | +26.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.97% | 1.24% | +29.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.89% | 1.71% | +23.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.87% | 1.71% | +24.16% |
Dividends
CSCO vs. VTES - Dividend Comparison
CSCO's dividend yield for the trailing twelve months is around 1.36%, less than VTES's 2.75% 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% |
VTES Vanguard Short-Term Tax-Exempt Bond ETF | 2.75% | 2.77% | 2.99% | 2.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CSCO and VTES have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CSCO has higher volatility (11.48%) compared to VTES (0.27%). In terms of maximum drawdown, CSCO dropped -89.26% vs VTES's -2.42%.
CSCO currently has the higher Sharpe Ratio (2.73 vs 2.64), 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.
Find the right allocation for CSCO and VTES
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer