ANET vs. CRM

Last updated Jun 4, 2026

ANET (Arista Networks, Inc.) and CRM (salesforce.com, inc.) are both stocks. Both are in the Technology sector — ANET in Computer Hardware, CRM in Software - Application. Over the past 10 years, ANET returned 43.55%/yr vs 8.89%/yr for CRM. At a 0.47 correlation, their price movements are largely independent.

Performance

ANET vs. CRM - Performance Comparison

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

Returns By Period

In the year-to-date period, ANET achieves a 33.08% return, which is significantly higher than CRM's -27.87% return. Over the past 10 years, ANET has outperformed CRM with an annualized return of 43.55%, while CRM has yielded a comparatively lower 8.89% annualized return.

ANET

• 1D: -0.55%
• 1M: 1.01%
• YTD: 33.08%
• 6M: 36.44%
• 1Y: 84.52%
• 3Y*: 62.51%
• 5Y*: 51.43%
• 10Y*: 43.55%

CRM

• 1D: -5.09%
• 1M: 2.77%
• YTD: -27.87%
• 6M: -19.82%
• 1Y: -27.39%
• 3Y*: -3.17%
• 5Y*: -4.02%
• 10Y*: 8.89%

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

ANET vs. CRM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ANET Arista Networks, Inc.	33.08%	18.55%	87.73%	94.07%	-15.58%	97.89%	42.86%	-3.46%	-10.56%	143.44%
CRM salesforce.com, inc.	-27.87%	-20.25%	27.76%	98.46%	-47.83%	14.20%	36.82%	18.74%	33.98%	49.33%

Correlation

The correlation between ANET and CRM is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jun 9, 2014	0.47

Over the past year, the correlation between ANET and CRM has dropped to 0.13 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.

Fundamentals

Market Cap ANET : $222.11B CRM : $166.02B
EPS ANET : $2.92 CRM : $8.59
PE Ratio ANET : 59.73 CRM : 22.18
PEG Ratio ANET : 1.40 CRM : 0.05
PS Ratio ANET : 22.88 CRM : 4.16
PB Ratio ANET : 16.47 CRM : 4.85
Total Revenue (TTM) ANET : $9.71B CRM : $42.83B
Gross Profit (TTM) ANET : $6.17B CRM : $33.25B
EBITDA (TTM) ANET : $4.21B CRM : $12.32B

Return for Risk

ANET vs. CRM — Risk / Return Rank

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

ANET

ANET Risk / Return Rank: 79
ANET Sharpe Ratio Rank: 83
ANET Sortino Ratio Rank: 77
ANET Omega Ratio Rank: 76
ANET Calmar Ratio Rank: 82
ANET Martin Ratio Rank: 79

CRM

CRM Risk / Return Rank: 12
CRM Sharpe Ratio Rank: 10
CRM Sortino Ratio Rank: 13
CRM Omega Ratio Rank: 13
CRM Calmar Ratio Rank: 15
CRM Martin Ratio Rank: 9

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.

ANET vs. CRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and salesforce.com, inc. (CRM). 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.

	ANET	CRM	Difference
Sharpe ratio Return per unit of total volatility	1.61	-0.73	+2.34
Sortino ratio Return per unit of downside risk	2.17	-0.89	+3.06
Omega ratio Gain probability vs. loss probability	1.28	0.89	+0.38
Calmar ratio Return relative to maximum drawdown	3.00	-0.70	+3.70
Martin ratio Return relative to average drawdown	6.29	-1.36	+7.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ANET vs. CRM - Sharpe Ratio Comparison

The current ANET Sharpe Ratio is 1.61, which is higher than the CRM Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of ANET and CRM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ANET	CRM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	-0.73	+2.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.10	-0.11	+1.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.97	0.25	+0.72
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.46	+0.40

Drawdowns

ANET vs. CRM - Drawdown Comparison

The maximum ANET drawdown since its inception was -52.20%, smaller than the maximum CRM drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for ANET and CRM.

Drawdown Indicators

	ANET	CRM	Difference
Max Drawdown Largest peak-to-trough decline	-52.20%	-70.50%	+18.30%
Max Drawdown (1Y) Largest decline over 1 year	-28.33%	-39.46%	+11.13%
Max Drawdown (3Y) Largest decline over 3 years	-50.42%	-54.70%	+4.28%
Max Drawdown (5Y) Largest decline over 5 years	-50.42%	-58.62%	+8.20%
Max Drawdown (10Y) Largest decline over 10 years	-52.20%	-58.62%	+6.42%
Current Drawdown Current decline from peak	-1.89%	-47.66%	+45.77%
Average Drawdown Average peak-to-trough decline	-15.41%	-16.10%	+0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.47%	20.18%	-6.71%

Volatility

ANET vs. CRM - Volatility Comparison

Arista Networks, Inc. (ANET) has a higher volatility of 21.10% compared to salesforce.com, inc. (CRM) at 17.31%. This indicates that ANET's price experiences larger fluctuations and is considered to be riskier than CRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANET	CRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.10%	17.31%	+3.79%
Volatility (6M) Calculated over the trailing 6-month period	39.36%	31.96%	+7.40%
Volatility (1Y) Calculated over the trailing 1-year period	52.87%	37.89%	+14.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.04%	37.02%	+10.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.89%	35.34%	+9.55%

Dividends

ANET vs. CRM - Dividend Comparison

ANET has not paid dividends to shareholders, while CRM's dividend yield for the trailing twelve months is around 0.89%.

Position	TTM	2025	2024
ANET Arista Networks, Inc.	0.00%	0.00%	0.00%
CRM salesforce.com, inc.	0.89%	0.63%	0.48%

Financials

ANET vs. CRM - Profitability Comparison

The chart below illustrates the profitability comparison between Arista Networks, Inc. and salesforce.com, inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

CRM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, salesforce.com, inc. reported a gross profit of 8.56B and revenue of 11.13B. Therefore, the gross margin over that period was 76.9%.

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%.

CRM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, salesforce.com, inc. reported an operating income of 2.35B and revenue of 11.13B, resulting in an operating margin of 21.1%.

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%.

CRM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, salesforce.com, inc. reported a net income of 2.11B and revenue of 11.13B, resulting in a net margin of 18.9%.

Frequently Asked Questions

Can I hold both ANET and CRM in my portfolio?

ANET and CRM have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ANET or CRM?

ANET has higher volatility (21.10%) compared to CRM (17.31%). In terms of maximum drawdown, ANET dropped -52.20% vs CRM's -70.50%.

Which has better risk-adjusted returns?

ANET currently has the higher Sharpe Ratio (1.61 vs -0.73), 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.