ANET vs. ATMP
ANET (Arista Networks, Inc.) is a stock, while ATMP (Barclays ETN+ Select MLP ETN) is MLPs fund tracking the CIBC Atlas Select MLP VWAP. Over the past 10 years, ANET returned 43.12%/yr vs 5.20%/yr for ATMP. At a 0.25 correlation, their price movements are largely independent.
Performance
ANET vs. ATMP - Performance Comparison
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Returns By Period
In the year-to-date period, ANET achieves a 24.58% return, which is significantly higher than ATMP's 20.60% return. Over the past 10 years, ANET has outperformed ATMP with an annualized return of 43.12%, while ATMP has yielded a comparatively lower 5.20% annualized return.
ANET
- 1D
- 4.37%
- 1M
- 10.44%
- YTD
- 24.58%
- 6M
- 30.84%
- 1Y
- 76.76%
- 3Y*
- 57.04%
- 5Y*
- 48.31%
- 10Y*
- 43.12%
ATMP
- 1D
- 0.46%
- 1M
- -3.30%
- YTD
- 20.60%
- 6M
- 20.43%
- 1Y
- 18.09%
- 3Y*
- 21.55%
- 5Y*
- 15.05%
- 10Y*
- 5.20%
ANET vs. ATMP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANET Arista Networks, Inc. | 24.58% | 18.55% | 87.73% | 94.07% | -15.58% | 97.89% | 42.86% | -3.46% | -10.56% | 143.44% |
ATMP Barclays ETN+ Select MLP ETN | 20.60% | 1.73% | 31.66% | 14.51% | 20.71% | 33.06% | -34.39% | 0.39% | -14.55% | -11.89% |
Correlation
The correlation between ANET and ATMP is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014 | 0.25 |
Over the past year, the correlation between ANET and ATMP has dropped to 0.02 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
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Return for Risk
ANET vs. ATMP — Risk / Return Rank
ANET
ATMP
ANET vs. ATMP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and Barclays ETN+ Select MLP ETN (ATMP). 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 | ATMP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 2.53 | -0.03 |
| Martin ratioReturn relative to average drawdown | 5.20 | 5.89 | -0.69 |
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Drawdowns
ANET vs. ATMP - Drawdown Comparison
The maximum ANET drawdown since its inception was -52.20%, smaller than the maximum ATMP drawdown of -80.86%. Use the drawdown chart below to compare losses from any high point for ANET and ATMP.
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Drawdown Indicators
| ANET | ATMP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.20% | -80.86% | +28.66% |
Max Drawdown (1Y)Largest decline over 1 year | -28.33% | -7.30% | -21.03% |
Max Drawdown (3Y)Largest decline over 3 years | -50.42% | -16.48% | -33.94% |
Max Drawdown (5Y)Largest decline over 5 years | -50.42% | -22.98% | -27.44% |
Max Drawdown (10Y)Largest decline over 10 years | -52.20% | -75.66% | +23.46% |
Current DrawdownCurrent decline from peak | -8.15% | -5.61% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -15.39% | -31.08% | +15.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.60% | 3.13% | +10.47% |
Volatility
ANET vs. ATMP - Volatility Comparison
Arista Networks, Inc. (ANET) has a higher volatility of 16.62% compared to Barclays ETN+ Select MLP ETN (ATMP) at 5.64%. This indicates that ANET's price experiences larger fluctuations and is considered to be riskier than ATMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANET | ATMP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.62% | 5.64% | +10.98% |
Volatility (6M)Calculated over the trailing 6-month period | 40.79% | 10.99% | +29.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.57% | 14.18% | +39.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.23% | 22.25% | +24.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.00% | 27.67% | +17.33% |
Dividends
ANET vs. ATMP - Dividend Comparison
Neither ANET nor ATMP has paid dividends to shareholders.
Frequently Asked Questions
ANET and ATMP have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ANET has higher volatility (16.62%) compared to ATMP (5.64%). In terms of maximum drawdown, ANET dropped -52.20% vs ATMP's -80.86%.
ANET currently has the higher Sharpe Ratio (1.32 vs 1.30), 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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