ANET vs. ADI
ANET (Arista Networks, Inc.) and ADI (Analog Devices, Inc.) are both stocks. Both are in the Technology sector — ANET in Computer Hardware, ADI in Semiconductors. Over the past 10 years, ANET returned 45.01%/yr vs 21.58%/yr for ADI. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
ANET vs. ADI - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ANET having a 37.64% return and ADI slightly lower at 36.27%. Over the past 10 years, ANET has outperformed ADI with an annualized return of 45.01%, while ADI has yielded a comparatively lower 21.58% annualized return.
ANET
- 1D
- 5.46%
- 1M
- 8.24%
- 6M
- 27.24%
- YTD
- 37.64%
- 1Y
- 46.36%
- 3Y*
- 57.23%
- 5Y*
- 49.97%
- 10Y*
- 45.01%
- ALL TIME*
- 38.48%
ADI
- 1D
- 0.20%
- 1M
- -5.55%
- 6M
- 18.88%
- YTD
- 36.27%
- 1Y
- 65.76%
- 3Y*
- 24.58%
- 5Y*
- 19.02%
- 10Y*
- 21.58%
- ALL TIME*
- 14.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.63B | $1.52B | $1.94B | |
| $1.09B | $1.31B | $1.55B |
ANET vs. ADI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANET Arista Networks, Inc. | 37.64% | 18.55% | 87.73% | 94.07% | -15.58% | 97.89% | 42.86% | -3.46% | -10.56% | 143.44% |
ADI Analog Devices, Inc. | 36.27% | 29.75% | 8.82% | 23.36% | -4.91% | 20.96% | 26.87% | 41.31% | -1.64% | 25.30% |
Correlation
The correlation between ANET and ADI is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014 | 0.46 |
The correlation between ANET and ADI shifts across timeframes, from 0.33 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ANET:
$227.09B
ADI:
$178.96B
ANET:
$2.92
ADI:
$6.72
ANET:
61.82
ADI:
54.67
ANET:
1.45
ADI:
3.36
ANET:
23.69
ADI:
14.22
ANET:
17.03
ADI:
5.34
ANET:
$9.71B
ADI:
$12.74B
ANET:
$6.17B
ADI:
$8.22B
ANET:
$4.21B
ADI:
$6.19B
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Return for Risk
ANET vs. ADI — Risk / Return Rank
ANET
ADI
ANET vs. ADI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and Analog Devices, Inc. (ADI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ANET | ADI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.32 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 3.20 | -1.55 |
| Martin ratioReturn relative to average drawdown | 3.37 | 9.33 | -5.97 |
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Drawdowns
ANET vs. ADI - Drawdown Comparison
The maximum ANET drawdown since its inception was -52.20%, smaller than the maximum ADI drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for ANET and ADI.
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Drawdown Indicators
| ANET | ADI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.20% | -82.88% | +30.68% |
Max Drawdown (1Y)Largest decline over 1 year | -28.33% | -20.68% | -7.65% |
Max Drawdown (3Y)Largest decline over 3 years | -50.42% | -32.20% | -18.22% |
Max Drawdown (5Y)Largest decline over 5 years | -50.42% | -32.20% | -18.22% |
Max Drawdown (10Y)Largest decline over 10 years | -52.20% | -33.62% | -18.58% |
Current DrawdownCurrent decline from peak | -3.54% | -17.52% | +13.98% |
Average DrawdownAverage peak-to-trough decline | -15.30% | -33.84% | +18.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.82% | 7.07% | +6.75% |
Volatility
ANET vs. ADI - Volatility Comparison
Arista Networks, Inc. (ANET) has a higher volatility of 19.95% compared to Analog Devices, Inc. (ADI) at 9.99%. This indicates that ANET's price experiences larger fluctuations and is considered to be riskier than ADI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANET | ADI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.95% | 9.99% | +9.96% |
Volatility (6M)Calculated over the trailing 6-month period | 43.19% | 29.09% | +14.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.22% | 35.36% | +20.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.29% | 33.83% | +14.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.33% | 33.04% | +12.29% |
Dividends
ANET vs. ADI - Dividend Comparison
ANET has not paid dividends to shareholders, while ADI's dividend yield for the trailing twelve months is around 1.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 1.14% | 1.46% | 1.73% | 1.73% | 1.85% | 1.57% | 1.68% | 1.82% | 2.24% | 2.02% | 2.31% | 2.89% |
ANET Arista Networks, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ANET vs. ADI - Financials Comparison
This section allows you to compare key financial metrics between Arista Networks, Inc. and Analog Devices, 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
ANET vs. ADI - Profitability Comparison
ANET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Arista Networks, Inc. reported a gross profit of 1.68B and revenue of 2.71B. Therefore, the gross margin over that period was 61.9%.
ADI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Analog Devices, Inc. reported a gross profit of 2.44B and revenue of 3.62B. Therefore, the gross margin over that period was 67.3%.
ANET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Arista Networks, Inc. reported an operating income of 1.16B and revenue of 2.71B, resulting in an operating margin of 42.7%.
ADI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Analog Devices, Inc. reported an operating income of 1.38B and revenue of 3.62B, resulting in an operating margin of 38.1%.
ANET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Arista Networks, Inc. reported a net income of 1.02B and revenue of 2.71B, resulting in a net margin of 37.8%.
ADI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Analog Devices, Inc. reported a net income of 1.18B and revenue of 3.62B, resulting in a net margin of 32.5%.
Frequently Asked Questions
ANET and ADI have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ANET has higher volatility (19.95%) compared to ADI (9.99%). In terms of maximum drawdown, ANET dropped -52.20% vs ADI's -82.88%.
ADI currently has the higher Sharpe Ratio (1.88 vs 0.83), 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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