ALTR vs. ANET

Last updated Apr 2, 2026

Compare and contrast key facts about Altair Engineering Inc. (ALTR) and Arista Networks, Inc. (ANET).

Performance

ALTR vs. ANET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altair Engineering Inc. (ALTR) and Arista Networks, Inc. (ANET). The values are adjusted to include any dividend payments, if applicable.

ALTR vs. ANET - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALTR Altair Engineering Inc.	0.00%	2.51%	29.66%	85.07%	-41.19%	32.90%	62.02%	30.20%	15.30%	30.64%
ANET Arista Networks, Inc.	-4.72%	18.55%	87.73%	94.07%	-15.58%	97.89%	42.86%	-3.46%	-10.56%	19.43%

Fundamentals

Total Revenue (TTM) ALTR : $665.79M ANET : $9.01B
Gross Profit (TTM) ALTR : $533.36M ANET : $5.77B
EBITDA (TTM) ALTR : $65.46M ANET : $4.10B

Returns By Period

ALTR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ANET

• 1D: 1.69%
• 1M: -3.44%
• YTD: -4.72%
• 6M: -16.36%
• 1Y: 59.06%
• 3Y*: 43.82%
• 5Y*: 45.34%
• 10Y*: 41.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ALTR vs. ANET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANET

ANET Risk / Return Rank: 74
ANET Sharpe Ratio Rank: 76
ANET Sortino Ratio Rank: 72
ANET Omega Ratio Rank: 69
ANET Calmar Ratio Rank: 78
ANET Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALTR vs. ANET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Altair Engineering Inc. (ALTR) and Arista Networks, Inc. (ANET). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ALTR	ANET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.10	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.99	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.94	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.79	—

Correlation

The correlation between ALTR and ANET is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ALTR vs. ANET - Dividend Comparison

Neither ALTR nor ANET has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Drawdown Indicators

	ALTR	ANET	Difference
Max Drawdown Largest peak-to-trough decline	—	-52.20%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-28.33%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-50.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-52.20%	—
Current Drawdown Current decline from peak	—	-22.95%	—
Average Drawdown Average peak-to-trough decline	—	-15.48%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.82%	—

Volatility

Volatility by Period

	ALTR	ANET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	53.90%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	45.96%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	44.40%	—

Financials