GRMN vs. CSCO
GRMN (Garmin Ltd.) and CSCO (Cisco Systems, Inc.) are both stocks. Both are in the Technology sector — GRMN in Scientific & Technical Instruments, CSCO in Communication Equipment. Over the past 10 years, GRMN returned 22.06%/yr vs 19.37%/yr for CSCO. At a 0.39 correlation, their price movements are largely independent.
Performance
GRMN vs. CSCO - Performance Comparison
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Returns By Period
In the year-to-date period, GRMN achieves a 17.75% return, which is significantly lower than CSCO's 66.00% return. Over the past 10 years, GRMN has outperformed CSCO with an annualized return of 22.06%, while CSCO has yielded a comparatively lower 19.37% annualized return.
GRMN
- 1D
- -1.28%
- 1M
- -0.28%
- YTD
- 17.75%
- 6M
- 20.26%
- 1Y
- 18.27%
- 3Y*
- 33.24%
- 5Y*
- 13.02%
- 10Y*
- 22.06%
CSCO
- 1D
- -1.17%
- 1M
- 36.56%
- YTD
- 66.00%
- 6M
- 64.46%
- 1Y
- 101.07%
- 3Y*
- 40.06%
- 5Y*
- 21.97%
- 10Y*
- 19.37%
GRMN vs. CSCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRMN Garmin Ltd. | 17.75% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
CSCO Cisco Systems, Inc. | 66.00% | 33.47% | 21.00% | 9.30% | -22.46% | 45.76% | -3.49% | 13.81% | 16.57% | 31.27% |
Correlation
The correlation between GRMN and CSCO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2000 | 0.39 |
The correlation between GRMN and CSCO shifts across timeframes, from 0.24 (1 year) to 0.47 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GRMN:
$46.06B
CSCO:
$504.36B
GRMN:
$8.97
CSCO:
$3.00
GRMN:
26.53
CSCO:
42.21
GRMN:
2.13
CSCO:
35.41
GRMN:
6.17
CSCO:
8.31
GRMN:
4.97
CSCO:
10.32
GRMN:
$7.46B
CSCO:
$60.75B
GRMN:
$4.41B
CSCO:
$39.08B
GRMN:
$2.26B
CSCO:
$13.98B
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Return for Risk
GRMN vs. CSCO — Risk / Return Rank
GRMN
CSCO
GRMN vs. CSCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Garmin Ltd. (GRMN) and Cisco Systems, Inc. (CSCO). 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.
| GRMN | CSCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.79 | ||
| Sortino ratioReturn per unit of downside risk | -3.00 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.61 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 7.49 | -6.83 |
| Martin ratioReturn relative to average drawdown | 1.45 | 21.00 | -19.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GRMN | CSCO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 3.40 | -2.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.90 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.75 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.61 | -0.16 |
Drawdowns
GRMN vs. CSCO - Drawdown Comparison
The maximum GRMN drawdown since its inception was -87.71%, roughly equal to the maximum CSCO drawdown of -89.26%. Use the drawdown chart below to compare losses from any high point for GRMN and CSCO.
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Drawdown Indicators
| GRMN | CSCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.71% | -89.26% | +1.55% |
Max Drawdown (1Y)Largest decline over 1 year | -27.97% | -13.57% | -14.40% |
Max Drawdown (3Y)Largest decline over 3 years | -27.97% | -20.16% | -7.81% |
Max Drawdown (5Y)Largest decline over 5 years | -54.63% | -36.68% | -17.95% |
Max Drawdown (10Y)Largest decline over 10 years | -54.63% | -41.95% | -12.68% |
Current DrawdownCurrent decline from peak | -11.06% | -1.17% | -9.89% |
Average DrawdownAverage peak-to-trough decline | -31.54% | -40.14% | +8.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.65% | 4.83% | +7.82% |
Volatility
GRMN vs. CSCO - Volatility Comparison
The current volatility for Garmin Ltd. (GRMN) is 8.32%, while Cisco Systems, Inc. (CSCO) has a volatility of 15.37%. This indicates that GRMN experiences smaller price fluctuations and is considered to be less risky than CSCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRMN | CSCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.32% | 15.37% | -7.05% |
Volatility (6M)Calculated over the trailing 6-month period | 22.04% | 25.85% | -3.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.94% | 29.87% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.36% | 24.62% | +5.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.33% | 25.76% | +2.57% |
Dividends
GRMN vs. CSCO - Dividend Comparison
GRMN's dividend yield for the trailing twelve months is around 1.51%, more than CSCO's 1.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSCO Cisco Systems, Inc. | 1.30% | 2.12% | 2.69% | 3.07% | 3.17% | 2.32% | 3.20% | 2.88% | 2.95% | 2.95% | 3.28% | 3.02% |
GRMN Garmin Ltd. | 1.51% | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% |
Financials
GRMN vs. CSCO - Financials Comparison
This section allows you to compare key financial metrics between Garmin Ltd. and Cisco Systems, Inc.. 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
GRMN vs. CSCO - Profitability Comparison
GRMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Garmin Ltd. reported a gross profit of 1.04B and revenue of 1.75B. Therefore, the gross margin over that period was 59.4%.
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%.
GRMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Garmin Ltd. reported an operating income of 431.67M and revenue of 1.75B, resulting in an operating margin of 24.6%.
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%.
GRMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Garmin Ltd. reported a net income of 405.08M and revenue of 1.75B, resulting in a net margin of 23.1%.
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%.
Frequently Asked Questions
GRMN and CSCO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CSCO has higher volatility (15.37%) compared to GRMN (8.32%). In terms of maximum drawdown, GRMN dropped -87.71% vs CSCO's -89.26%.
CSCO currently has the higher Sharpe Ratio (3.40 vs 0.61), 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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