CSCO vs NVDA: Correlation
How closely do Cisco (CSCO) and Nvidia (NVDA) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSCO and NVDA?
Over the past 3 years, CSCO and NVDA moved with a correlation of 0.38, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 443.6 %².
Among the 30 assets we track against CSCO, NVDA ranks #20 by 3-year correlation. The last year tells two different stories: CSCO led by 41.6 percentage points, +67.3% for CSCO against +25.7% for NVDA. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.02 to 0.68. Risk is not evenly split, since NVDA carries 1.7 times the volatility of the other side.
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.
CSCO vs NVDA: side by side
| CSCO (Cisco) | NVDA (Nvidia) | |
|---|---|---|
| 1-year return | +67.3% | +25.7% |
| 5-year return | +118.1% | +908.3% |
| Volatility (ann.) | 26.4% | 44.5% |
| Beta vs S&P 500 | 0.84 | 2.18 |
| Max drawdown (3Y) | -20.2% | -36.9% |
| Market cap | $442.0B | $5,505.0B |
| P/E (trailing) | 33.8 | 32.2 |
| Dividend yield | 1.48% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | CSCO | NVDA |
|---|---|---|
| 2022 | -22.5% | -50.3% |
| 2023 | +9.3% | +239.0% |
| 2024 | +21.0% | +171.2% |
| 2025 | +33.5% | +38.9% |
| 2026 | +47.7% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSCO and NVDA good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CSCO and NVDA?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.41 over the last year and 0.39 over 5 years.
Is NVDA a good diversifier for CSCO?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/csco-vs-nvda.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/csco-vs-nvda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CSCO correlations · NVDA correlations
