ANET vs. CLIP
ANET (Arista Networks, Inc.) is a stock, while CLIP (Global X 1-3 Month T-Bill ETF) is Ultrashort Bond fund tracking the Solactive 1-3 month US T-Bill Index - USD. Over the past 3 years, ANET returned 63.57%/yr vs 4.64%/yr for CLIP. At a correlation of -0.04, they often move in opposite directions.
Performance
ANET vs. CLIP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ANET achieves a 38.25% return, which is significantly higher than CLIP's 1.91% return.
ANET
- 1D
- -3.11%
- 1M
- 10.97%
- 6M
- 46.78%
- YTD
- 38.25%
- 1Y
- 66.85%
- 3Y*
- 63.57%
- 5Y*
- 51.00%
- 10Y*
- 45.11%
CLIP
- 1D
- 0.02%
- 1M
- 0.29%
- 6M
- 1.80%
- YTD
- 1.91%
- 1Y
- 3.90%
- 3Y*
- 4.64%
- 5Y*
- —
- 10Y*
- —
ANET vs. CLIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ANET Arista Networks, Inc. | 38.25% | 18.55% | 87.73% | 52.43% |
CLIP Global X 1-3 Month T-Bill ETF | 1.91% | 4.23% | 5.26% | 2.82% |
Correlation
The correlation between ANET and CLIP is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2023 | -0.04 |
The correlation between ANET and CLIP shifts across timeframes, from -0.16 (1 year) to -0.04 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ANET vs. CLIP — Risk / Return Rank
ANET
CLIP
ANET vs. CLIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and Global X 1-3 Month T-Bill ETF (CLIP). 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 | CLIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -16.68 | ||
| Sortino ratioReturn per unit of downside risk | -93.51 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 29.41 | -28.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 196.33 | -193.96 |
| Martin ratioReturn relative to average drawdown | 4.90 | 1,497.38 | -1,492.48 |
Loading charts...
Drawdowns
ANET vs. CLIP - Drawdown Comparison
The maximum ANET drawdown since its inception was -52.20%, which is greater than CLIP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for ANET and CLIP.
Loading charts...
Drawdown Indicators
| ANET | CLIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.20% | -0.08% | -52.12% |
Max Drawdown (1Y)Largest decline over 1 year | -28.33% | -0.02% | -28.31% |
Max Drawdown (3Y)Largest decline over 3 years | -50.42% | -0.08% | -50.34% |
Max Drawdown (5Y)Largest decline over 5 years | -50.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -52.20% | — | — |
Current DrawdownCurrent decline from peak | -3.11% | 0.00% | -3.11% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -0.00% | -15.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.68% | 0.00% | +13.68% |
Volatility
ANET vs. CLIP - Volatility Comparison
Arista Networks, Inc. (ANET) has a higher volatility of 18.95% compared to Global X 1-3 Month T-Bill ETF (CLIP) at 0.08%. This indicates that ANET's price experiences larger fluctuations and is considered to be riskier than CLIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ANET | CLIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.95% | 0.08% | +18.87% |
Volatility (6M)Calculated over the trailing 6-month period | 42.80% | 0.16% | +42.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.85% | 0.22% | +54.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.91% | 0.44% | +47.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.14% | 0.44% | +44.70% |
Dividends
ANET vs. CLIP - Dividend Comparison
ANET has not paid dividends to shareholders, while CLIP's dividend yield for the trailing twelve months is around 3.86%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ANET Arista Networks, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
CLIP Global X 1-3 Month T-Bill ETF | 3.86% | 4.14% | 5.11% | 2.75% |
Frequently Asked Questions
ANET and CLIP have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ANET has higher volatility (18.95%) compared to CLIP (0.08%). In terms of maximum drawdown, ANET dropped -52.20% vs CLIP's -0.08%.
CLIP currently has the higher Sharpe Ratio (17.91 vs 1.23), 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.
Find the right allocation for ANET and CLIP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer