ANET vs. AVGO
ANET (Arista Networks, Inc.) and AVGO (Broadcom Inc.) are both stocks. Both are in the Technology sector — ANET in Computer Hardware, AVGO in Semiconductors. Over the past 10 years, ANET returned 45.29%/yr vs 42.25%/yr for AVGO. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
ANET vs. AVGO - Performance Comparison
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Returns By Period
In the year-to-date period, ANET achieves a 33.22% return, which is significantly higher than AVGO's 13.72% return. Over the past 10 years, ANET has outperformed AVGO with an annualized return of 45.29%, while AVGO has yielded a comparatively lower 42.25% annualized return.
ANET
- 1D
- 2.88%
- 1M
- 13.33%
- YTD
- 33.22%
- 6M
- 33.53%
- 1Y
- 102.39%
- 3Y*
- 67.41%
- 5Y*
- 50.26%
- 10Y*
- 45.29%
AVGO
- 1D
- -4.52%
- 1M
- -5.16%
- YTD
- 13.72%
- 6M
- 15.27%
- 1Y
- 58.01%
- 3Y*
- 70.37%
- 5Y*
- 55.97%
- 10Y*
- 42.25%
ANET vs. AVGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ANET Arista Networks, Inc. | 33.22% | 18.55% | 87.73% | 94.07% | -15.58% | 97.89% | 42.86% | -3.46% | -10.56% | 143.44% |
AVGO Broadcom Inc. | 13.72% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 29.05% | 2.18% | 48.19% |
Correlation
The correlation between ANET and AVGO is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014 | 0.52 |
The correlation between ANET and AVGO shifts across timeframes, from 0.52 (all time) to 0.65 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ANET:
$222.35B
AVGO:
$1.91T
ANET:
$2.92
AVGO:
$6.01
ANET:
59.79
AVGO:
65.25
ANET:
1.40
AVGO:
0.81
ANET:
22.91
AVGO:
25.35
ANET:
16.49
AVGO:
21.80
ANET:
$9.71B
AVGO:
$75.47B
ANET:
$6.17B
AVGO:
$50.53B
ANET:
$4.21B
AVGO:
$42.03B
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Return for Risk
ANET vs. AVGO — Risk / Return Rank
ANET
AVGO
ANET vs. AVGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and Broadcom Inc. (AVGO). 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 | AVGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.24 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.63 | 2.03 | +1.60 |
| Martin ratioReturn relative to average drawdown | 7.56 | 4.63 | +2.93 |
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Drawdowns
ANET vs. AVGO - Drawdown Comparison
The maximum ANET drawdown since its inception was -52.20%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for ANET and AVGO.
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Drawdown Indicators
| ANET | AVGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.20% | -48.30% | -3.90% |
Max Drawdown (1Y)Largest decline over 1 year | -28.33% | -28.67% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -50.42% | -41.15% | -9.27% |
Max Drawdown (5Y)Largest decline over 5 years | -50.42% | -41.15% | -9.27% |
Max Drawdown (10Y)Largest decline over 10 years | -52.20% | -48.30% | -3.90% |
Current DrawdownCurrent decline from peak | -1.78% | -18.44% | +16.66% |
Average DrawdownAverage peak-to-trough decline | -15.37% | -8.00% | -7.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.59% | 12.57% | +1.02% |
Volatility
ANET vs. AVGO - Volatility Comparison
The current volatility for Arista Networks, Inc. (ANET) is 15.95%, while Broadcom Inc. (AVGO) has a volatility of 21.58%. This indicates that ANET experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANET | AVGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.95% | 21.58% | -5.63% |
Volatility (6M)Calculated over the trailing 6-month period | 40.27% | 33.32% | +6.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.18% | 46.48% | +6.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.31% | 43.61% | +3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.04% | 39.64% | +5.40% |
Dividends
ANET vs. AVGO - Dividend Comparison
ANET has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 0.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
AVGO Broadcom Inc. | 0.65% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
Financials
ANET vs. AVGO - Financials Comparison
This section allows you to compare key financial metrics between Arista Networks, Inc. and Broadcom 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. AVGO - Profitability Comparison
ANET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
AVGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.
ANET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arista Networks, Inc. reported an operating income of 1.16B and revenue of 2.71B, resulting in an operating margin of 42.7%.
AVGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.
ANET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arista Networks, Inc. reported a net income of 1.02B and revenue of 2.71B, resulting in a net margin of 37.8%.
AVGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.
Frequently Asked Questions
ANET and AVGO have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (21.58%) compared to ANET (15.95%). In terms of maximum drawdown, ANET dropped -52.20% vs AVGO's -48.30%.
ANET currently has the higher Sharpe Ratio (1.94 vs 1.26), 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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