ANET vs. CRWD
ANET (Arista Networks, Inc.) and CRWD (CrowdStrike Holdings, Inc.) are both stocks. Both are in the Technology sector — ANET in Computer Hardware, CRWD in Software - Infrastructure. Over the past 5 years, ANET returned 51.43%/yr vs 29.29%/yr for CRWD. At a 0.48 correlation, their price movements are largely independent.
Performance
ANET vs. CRWD - Performance Comparison
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Returns By Period
In the year-to-date period, ANET achieves a 33.08% return, which is significantly lower than CRWD's 59.49% 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%
CRWD
- 1D
- -2.78%
- 1M
- 59.32%
- YTD
- 59.49%
- 6M
- 42.63%
- 1Y
- 52.96%
- 3Y*
- 70.32%
- 5Y*
- 29.29%
- 10Y*
- —
ANET vs. CRWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ANET Arista Networks, Inc. | 33.08% | 18.55% | 87.73% | 94.07% | -15.58% | 97.89% | 42.86% | -16.60% |
CRWD CrowdStrike Holdings, Inc. | 59.49% | 37.00% | 34.01% | 142.49% | -48.58% | -3.34% | 324.74% | -14.02% |
Correlation
The correlation between ANET and CRWD is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2019 | 0.48 |
The correlation between ANET and CRWD shifts across timeframes, from 0.36 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ANET:
$222.11B
CRWD:
$192.98B
ANET:
$2.92
CRWD:
-$0.72
ANET:
22.88
CRWD:
39.33
ANET:
16.47
CRWD:
43.58
ANET:
$9.71B
CRWD:
$4.81B
ANET:
$6.17B
CRWD:
$3.60B
ANET:
$4.21B
CRWD:
-$39.16M
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Return for Risk
ANET vs. CRWD — Risk / Return Rank
ANET
CRWD
ANET vs. CRWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and CrowdStrike Holdings, Inc. (CRWD). 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 | CRWD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.23 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 1.43 | +1.57 |
| Martin ratioReturn relative to average drawdown | 6.29 | 3.29 | +3.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ANET | CRWD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 1.19 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.10 | 0.58 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.97 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.79 | +0.06 |
Drawdowns
ANET vs. CRWD - Drawdown Comparison
The maximum ANET drawdown since its inception was -52.20%, smaller than the maximum CRWD drawdown of -67.69%. Use the drawdown chart below to compare losses from any high point for ANET and CRWD.
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Drawdown Indicators
| ANET | CRWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.20% | -67.69% | +15.49% |
Max Drawdown (1Y)Largest decline over 1 year | -28.33% | -37.18% | +8.85% |
Max Drawdown (3Y)Largest decline over 3 years | -50.42% | -44.44% | -5.98% |
Max Drawdown (5Y)Largest decline over 5 years | -50.42% | -67.69% | +17.27% |
Max Drawdown (10Y)Largest decline over 10 years | -52.20% | — | — |
Current DrawdownCurrent decline from peak | -1.89% | -4.42% | +2.53% |
Average DrawdownAverage peak-to-trough decline | -15.41% | -23.66% | +8.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.47% | 16.14% | -2.67% |
Volatility
ANET vs. CRWD - Volatility Comparison
Arista Networks, Inc. (ANET) has a higher volatility of 21.10% compared to CrowdStrike Holdings, Inc. (CRWD) at 15.34%. This indicates that ANET's price experiences larger fluctuations and is considered to be riskier than CRWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANET | CRWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.10% | 15.34% | +5.76% |
Volatility (6M)Calculated over the trailing 6-month period | 39.36% | 36.18% | +3.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.87% | 44.66% | +8.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.04% | 50.73% | -3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.89% | 55.95% | -11.06% |
Dividends
ANET vs. CRWD - Dividend Comparison
Neither ANET nor CRWD has paid dividends to shareholders.
Financials
ANET vs. CRWD - Financials Comparison
This section allows you to compare key financial metrics between Arista Networks, Inc. and CrowdStrike Holdings, 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. CRWD - 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%.
CRWD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported a gross profit of 989.46M and revenue of 1.31B. Therefore, the gross margin over that period was 75.8%.
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%.
CRWD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported an operating income of -6.90M and revenue of 1.31B, resulting in an operating margin of -0.5%.
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%.
CRWD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CrowdStrike Holdings, Inc. reported a net income of 38.69M and revenue of 1.31B, resulting in a net margin of 3.0%.
Frequently Asked Questions
ANET and CRWD have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ANET has higher volatility (21.10%) compared to CRWD (15.34%). In terms of maximum drawdown, ANET dropped -52.20% vs CRWD's -67.69%.
ANET currently has the higher Sharpe Ratio (1.61 vs 1.19), 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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