MDT vs. CSCO
MDT (Medtronic plc) and CSCO (Cisco Systems, Inc.) are both stocks. MDT operates in Medical Devices (Healthcare), while CSCO operates in Communication Equipment (Technology). Over the past 10 years, MDT returned 2.04%/yr vs 19.19%/yr for CSCO. At a 0.30 correlation, their price movements are largely independent.
Performance
MDT vs. CSCO - Performance Comparison
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Returns By Period
In the year-to-date period, MDT achieves a -15.31% return, which is significantly lower than CSCO's 62.91% return. Over the past 10 years, MDT has underperformed CSCO with an annualized return of 2.04%, while CSCO has yielded a comparatively higher 19.19% annualized return.
MDT
- 1D
- -1.20%
- 1M
- 5.96%
- YTD
- -15.31%
- 6M
- -19.07%
- 1Y
- -4.79%
- 3Y*
- 2.04%
- 5Y*
- -5.25%
- 10Y*
- 2.04%
CSCO
- 1D
- 2.06%
- 1M
- 28.56%
- YTD
- 62.91%
- 6M
- 59.13%
- 1Y
- 92.26%
- 3Y*
- 39.53%
- 5Y*
- 21.53%
- 10Y*
- 19.19%
MDT vs. CSCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | -15.31% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
CSCO Cisco Systems, Inc. | 62.91% | 33.47% | 21.00% | 9.30% | -22.46% | 45.76% | -3.49% | 13.81% | 16.57% | 31.27% |
Correlation
The correlation between MDT and CSCO is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.30 |
Over the past year, the correlation between MDT and CSCO has dropped to 0.04 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
MDT:
$103.94B
CSCO:
$494.99B
MDT:
$3.58
CSCO:
$3.00
MDT:
22.52
CSCO:
41.42
MDT:
2.03
CSCO:
34.76
MDT:
2.93
CSCO:
8.15
MDT:
$35.48B
CSCO:
$60.75B
MDT:
$5.78B
CSCO:
$39.08B
MDT:
$7.11B
CSCO:
$13.98B
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Return for Risk
MDT vs. CSCO — Risk / Return Rank
MDT
CSCO
MDT vs. CSCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Medtronic plc (MDT) 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.
| MDT | CSCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.25 | ||
| Sortino ratioReturn per unit of downside risk | -3.76 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.54 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 6.83 | -7.00 |
| Martin ratioReturn relative to average drawdown | -0.43 | 19.08 | -19.51 |
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
| MDT | CSCO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | 3.02 | -3.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | 0.87 | -1.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.74 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.61 | -0.14 |
Drawdowns
MDT vs. CSCO - Drawdown Comparison
The maximum MDT drawdown since its inception was -57.63%, smaller than the maximum CSCO drawdown of -89.26%. Use the drawdown chart below to compare losses from any high point for MDT and CSCO.
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Drawdown Indicators
| MDT | CSCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.63% | -89.26% | +31.63% |
Max Drawdown (1Y)Largest decline over 1 year | -28.90% | -13.57% | -15.33% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -20.16% | -8.74% |
Max Drawdown (5Y)Largest decline over 5 years | -45.10% | -36.68% | -8.42% |
Max Drawdown (10Y)Largest decline over 10 years | -45.10% | -41.95% | -3.15% |
Current DrawdownCurrent decline from peak | -30.81% | -4.50% | -26.31% |
Average DrawdownAverage peak-to-trough decline | -16.54% | -40.13% | +23.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.17% | 4.86% | +6.31% |
Volatility
MDT vs. CSCO - Volatility Comparison
The current volatility for Medtronic plc (MDT) is 10.04%, while Cisco Systems, Inc. (CSCO) has a volatility of 16.93%. This indicates that MDT 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
| MDT | CSCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 16.93% | -6.89% |
Volatility (6M)Calculated over the trailing 6-month period | 16.19% | 26.93% | -10.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.95% | 30.76% | -9.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.93% | 24.83% | -2.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.24% | 25.87% | -2.63% |
Dividends
MDT vs. CSCO - Dividend Comparison
MDT's dividend yield for the trailing twelve months is around 3.52%, more than CSCO's 1.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSCO Cisco Systems, Inc. | 1.33% | 2.12% | 2.69% | 3.07% | 3.17% | 2.32% | 3.20% | 2.88% | 2.95% | 2.95% | 3.28% | 3.02% |
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Financials
MDT vs. CSCO - Financials Comparison
This section allows you to compare key financial metrics between Medtronic plc 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
Frequently Asked Questions
MDT and CSCO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CSCO has higher volatility (16.93%) compared to MDT (10.04%). In terms of maximum drawdown, MDT dropped -57.63% vs CSCO's -89.26%.
CSCO currently has the higher Sharpe Ratio (3.02 vs -0.23), 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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