ANET vs. ESE

Last updated Jun 13, 2026

ANET (Arista Networks, Inc.) and ESE (ESCO Technologies Inc.) are both stocks. Both are in the Technology sector — ANET in Computer Hardware, ESE in Scientific & Technical Instruments. Over the past 10 years, ANET returned 43.12%/yr vs 23.22%/yr for ESE. At a 0.32 correlation, their price movements are largely independent.

Performance

ANET vs. ESE - Performance Comparison

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

Returns By Period

In the year-to-date period, ANET achieves a 24.58% return, which is significantly lower than ESE's 60.68% return. Over the past 10 years, ANET has outperformed ESE with an annualized return of 43.12%, while ESE has yielded a comparatively lower 23.22% annualized return.

ANET

• 1D: 4.37%
• 1M: 16.03%
• YTD: 24.58%
• 6M: 30.84%
• 1Y: 70.45%
• 3Y*: 57.04%
• 5Y*: 48.31%
• 10Y*: 43.12%

ESE

• 1D: -0.69%
• 1M: 4.49%
• YTD: 60.68%
• 6M: 53.77%
• 1Y: 68.53%
• 3Y*: 47.58%
• 5Y*: 28.75%
• 10Y*: 23.22%

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

ANET vs. ESE - 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%
ESE ESCO Technologies Inc.	60.68%	46.96%	14.15%	34.13%	-2.30%	-12.59%	12.01%	41.00%	10.04%	6.79%

Correlation

The correlation between ANET and ESE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014	0.32

Fundamentals

Market Cap ANET : $207.94B ESE : $8.13B
EPS ANET : $2.92 ESE : $11.89
PE Ratio ANET : 55.91 ESE : 26.38
PEG Ratio ANET : 1.31 ESE : 0.43
PS Ratio ANET : 21.42 ESE : 6.51
PB Ratio ANET : 15.42 ESE : 5.07
Total Revenue (TTM) ANET : $9.71B ESE : $1.25B
Gross Profit (TTM) ANET : $6.17B ESE : $271.43M
EBITDA (TTM) ANET : $4.21B ESE : $238.72M

Return for Risk

ANET vs. ESE — Risk / Return Rank

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

ANET

ANET Risk / Return Rank: 78
ANET Sharpe Ratio Rank: 80
ANET Sortino Ratio Rank: 75
ANET Omega Ratio Rank: 74
ANET Calmar Ratio Rank: 80
ANET Martin Ratio Rank: 78

ESE

ESE Risk / Return Rank: 90
ESE Sharpe Ratio Rank: 91
ESE Sortino Ratio Rank: 88
ESE Omega Ratio Rank: 87
ESE Calmar Ratio Rank: 91
ESE Martin Ratio Rank: 91

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. ESE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and ESCO Technologies Inc. (ESE). 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	ESE	Difference
Sharpe ratio: Return per unit of total volatility	1.32	2.22	-0.90
Sortino ratio: Return per unit of downside risk	1.90	2.87	-0.97
Omega ratio: Gain probability vs. loss probability	1.24	1.36	-0.12
Calmar ratio: Return relative to maximum drawdown	2.50	4.53	-2.03
Martin ratio: Return relative to average drawdown	5.20	11.86	-6.66

ANET vs. ESE - Sharpe Ratio Comparison

The current ANET Sharpe Ratio is 1.32, which is lower than the ESE Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of ANET and ESE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ANET vs. ESE - Drawdown Comparison

The maximum ANET drawdown since its inception was -52.20%, smaller than the maximum ESE drawdown of -58.54%. Use the drawdown chart below to compare losses from any high point for ANET and ESE.

Drawdown Indicators

	ANET	ESE	Difference
Max Drawdown Largest peak-to-trough decline	-52.20%	-58.54%	+6.34%
Max Drawdown (1Y) Largest decline over 1 year	-28.33%	-15.22%	-13.11%
Max Drawdown (3Y) Largest decline over 3 years	-50.42%	-17.52%	-32.90%
Max Drawdown (5Y) Largest decline over 5 years	-50.42%	-36.88%	-13.54%
Max Drawdown (10Y) Largest decline over 10 years	-52.20%	-45.97%	-6.23%
Current Drawdown Current decline from peak	-8.15%	-7.55%	-0.60%
Average Drawdown Average peak-to-trough decline	-15.39%	-20.25%	+4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.60%	5.80%	+7.80%

Volatility

ANET vs. ESE - Volatility Comparison

Arista Networks, Inc. (ANET) has a higher volatility of 16.62% compared to ESCO Technologies Inc. (ESE) at 8.56%. This indicates that ANET's price experiences larger fluctuations and is considered to be riskier than ESE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANET	ESE	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.62%	8.56%	+8.06%
Volatility (6M) Calculated over the trailing 6-month period	40.79%	25.29%	+15.50%
Volatility (1Y) Calculated over the trailing 1-year period	53.57%	31.04%	+22.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.23%	30.40%	+16.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.00%	30.53%	+14.47%

Dividends

ANET vs. ESE - Dividend Comparison

ANET has not paid dividends to shareholders, while ESE's dividend yield for the trailing twelve months is around 0.10%.

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%
ESE ESCO Technologies Inc.	0.10%	0.16%	0.24%	0.27%	0.37%	0.27%	0.31%	0.43%	0.49%	0.40%	0.56%	0.89%

Financials

ANET vs. ESE - Profitability Comparison

The chart below illustrates the profitability comparison between Arista Networks, Inc. and ESCO Technologies 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%.

ESE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ESCO Technologies Inc. reported a gross profit of -119.92M and revenue of 309.34M. Therefore, the gross margin over that period was -38.8%.

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%.

ESE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ESCO Technologies Inc. reported an operating income of 23.86M and revenue of 309.34M, resulting in an operating margin of 7.7%.

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%.

ESE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ESCO Technologies Inc. reported a net income of 34.73M and revenue of 309.34M, resulting in a net margin of 11.2%.

Frequently Asked Questions

Can I hold both ANET and ESE in my portfolio?

ANET and ESE have a correlation of 0.25, 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 ESE?

ANET has higher volatility (16.62%) compared to ESE (8.56%). In terms of maximum drawdown, ANET dropped -52.20% vs ESE's -58.54%.

Which has better risk-adjusted returns?

ESE currently has the higher Sharpe Ratio (2.22 vs 1.32), 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.