BNY vs CSCO: Correlation
How closely do BNY Mellon (BNY) and Cisco (CSCO) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNY and CSCO?
Across a 3-year window, the weekly returns of BNY and CSCO correlate at 0.44, moderate. The link has loosened recently: the 1-year correlation (0.28) runs below the 3-year figure (0.44). Stretching to 5 years gives 0.39, with an annualized covariance of 234.3 %².
Within BNY's tracked universe of 31 assets, CSCO comes in at #21 by 3-year correlation. On 12-month performance CSCO holds a 10.1-point edge, +57.2% against +67.3%. On a rolling one-year basis the correlation drifted between 0.28 and 0.74, a moderate band.
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.
BNY vs CSCO: side by side
| BNY (BNY Mellon) | CSCO (Cisco) | |
|---|---|---|
| 1-year return | +57.2% | +67.3% |
| 5-year return | +236.7% | +118.1% |
| Volatility (ann.) | 20.2% | 26.4% |
| Beta vs S&P 500 | 0.89 | 0.84 |
| Max drawdown (3Y) | -17.6% | -20.2% |
| Market cap | $110.1B | $442.0B |
| P/E (trailing) | 19.0 | 33.8 |
| Dividend yield | 1.30% | 1.48% |
| Sector / category | Financials | Information Technology |
Year-by-year returns
| Year | BNY | CSCO |
|---|---|---|
| 2022 | -19.1% | -22.5% |
| 2023 | +18.5% | +9.3% |
| 2024 | +51.9% | +21.0% |
| 2025 | +54.4% | +33.5% |
| 2026 | +41.5% | +47.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNY and CSCO good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BNY and CSCO?
The BNY/CSCO correlation stands at 0.44 on a 3-year window (1 year: 0.28, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is CSCO a good diversifier for BNY?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bny-vs-csco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bny-vs-csco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BNY correlations · CSCO correlations
