ANET vs. PLTR
ANET (Arista Networks, Inc.) and PLTR (Palantir Technologies Inc.) are both stocks. Both are in the Technology sector — ANET in Computer Hardware, PLTR in Software - Infrastructure. Over the past 5 years, ANET returned 50.26%/yr vs 35.39%/yr for PLTR. At a 0.45 correlation, their price movements are largely independent.
Performance
ANET vs. PLTR - 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 PLTR's -32.77% 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%
PLTR
- 1D
- -6.98%
- 1M
- -12.70%
- YTD
- -32.77%
- 6M
- -38.40%
- 1Y
- -12.96%
- 3Y*
- 104.22%
- 5Y*
- 35.39%
- 10Y*
- —
ANET vs. PLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ANET Arista Networks, Inc. | 33.22% | 18.55% | 87.73% | 94.07% | -15.58% | 97.89% | 38.06% |
PLTR Palantir Technologies Inc. | -32.77% | 135.03% | 340.48% | 167.45% | -64.74% | -22.68% | 135.50% |
Correlation
The correlation between ANET and PLTR is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2020 | 0.45 |
Fundamentals
ANET:
$222.35B
PLTR:
$307.23B
ANET:
$2.92
PLTR:
$0.89
ANET:
59.79
PLTR:
134.47
ANET:
1.40
PLTR:
0.78
ANET:
22.91
PLTR:
58.73
ANET:
16.49
PLTR:
36.36
ANET:
$9.71B
PLTR:
$5.22B
ANET:
$6.17B
PLTR:
$4.39B
ANET:
$4.21B
PLTR:
$2.01B
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Return for Risk
ANET vs. PLTR — Risk / Return Rank
ANET
PLTR
ANET vs. PLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and Palantir Technologies Inc. (PLTR). 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 | PLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +2.46 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.00 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.63 | -0.31 | +3.94 |
| Martin ratioReturn relative to average drawdown | 7.56 | -0.59 | +8.15 |
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Drawdowns
ANET vs. PLTR - Drawdown Comparison
The maximum ANET drawdown since its inception was -52.20%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for ANET and PLTR.
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Drawdown Indicators
| ANET | PLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.20% | -84.62% | +32.42% |
Max Drawdown (1Y)Largest decline over 1 year | -28.33% | -42.32% | +13.99% |
Max Drawdown (3Y)Largest decline over 3 years | -50.42% | -42.32% | -8.10% |
Max Drawdown (5Y)Largest decline over 5 years | -50.42% | -79.14% | +28.72% |
Max Drawdown (10Y)Largest decline over 10 years | -52.20% | — | — |
Current DrawdownCurrent decline from peak | -1.78% | -42.32% | +40.54% |
Average DrawdownAverage peak-to-trough decline | -15.37% | -40.26% | +24.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.59% | 21.88% | -8.29% |
Volatility
ANET vs. PLTR - Volatility Comparison
The current volatility for Arista Networks, Inc. (ANET) is 15.95%, while Palantir Technologies Inc. (PLTR) has a volatility of 19.10%. This indicates that ANET experiences smaller price fluctuations and is considered to be less risky than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ANET | PLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.95% | 19.10% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 40.27% | 38.87% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.18% | 51.54% | +1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.31% | 65.60% | -18.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.04% | 69.74% | -24.70% |
Dividends
ANET vs. PLTR - Dividend Comparison
Neither ANET nor PLTR has paid dividends to shareholders.
Financials
ANET vs. PLTR - Financials Comparison
This section allows you to compare key financial metrics between Arista Networks, Inc. and Palantir Technologies 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. PLTR - 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%.
PLTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported a gross profit of 1.42B and revenue of 1.63B. Therefore, the gross margin over that period was 86.8%.
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%.
PLTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported an operating income of 754.00M and revenue of 1.63B, resulting in an operating margin of 46.2%.
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%.
PLTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Palantir Technologies Inc. reported a net income of 870.53M and revenue of 1.63B, resulting in a net margin of 53.3%.
Frequently Asked Questions
ANET and PLTR have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTR has higher volatility (19.10%) compared to ANET (15.95%). In terms of maximum drawdown, ANET dropped -52.20% vs PLTR's -84.62%.
ANET currently has the higher Sharpe Ratio (1.94 vs -0.25), 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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