PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ANET vs. TUR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ANET vs. TUR

Last updated Jun 16, 2026

ANET (Arista Networks, Inc.) is a stock, while TUR (iShares MSCI Turkey ETF) is Emerging Markets Equities fund tracking the MSCI Turkey Investable Market Index. Over the past 10 years, ANET returned 43.70%/yr vs 3.30%/yr for TUR. At a 0.18 correlation, their price movements are largely independent.

Performance

ANET vs. TUR - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, ANET achieves a 29.05% return, which is significantly higher than TUR's 18.11% return. Over the past 10 years, ANET has outperformed TUR with an annualized return of 43.70%, while TUR has yielded a comparatively lower 3.30% annualized return.

ANET

1D
3.58%
1M
19.10%
YTD
29.05%
6M
34.32%
1Y
83.10%
3Y*
62.44%
5Y*
49.04%
10Y*
43.70%

TUR

1D
3.02%
1M
-1.49%
YTD
18.11%
6M
16.38%
1Y
35.62%
3Y*
13.48%
5Y*
15.50%
10Y*
3.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ANET vs. TUR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ANET
Arista Networks, Inc.		29.05%18.55%87.73%94.07%-15.58%97.89%42.86%-3.46%-10.56%143.44%
TUR
iShares MSCI Turkey ETF		18.11%-1.54%12.91%-8.83%105.75%-27.41%-1.19%14.49%-41.46%37.58%

Correlation

The correlation between ANET and TUR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (5Y)
Calculated over the trailing 5-year period

0.18

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Jun 6, 2014

0.18

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Arista Networks, Inc.

iShares MSCI Turkey ETF

Often compared with ANET:
ANET vs. NVDAANET vs. SMCIANET vs. CRWDANET vs. CRMANET vs. GOOGLANET vs. AAPLANET vs. CDW
Often compared with TUR:
TUR vs. VOOTUR vs. HEDJTUR vs. EPOLTUR vs. AMRTUR vs. SPYTUR vs. VGKTUR vs. SFM

Return for Risk

ANET vs. TUR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ANET
ANET Risk / Return Rank: 8181
Overall Rank
ANET Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
ANET Sortino Ratio Rank: 7878
Sortino Ratio Rank
ANET Omega Ratio Rank: 7878
Omega Ratio Rank
ANET Calmar Ratio Rank: 8383
Calmar Ratio Rank
ANET Martin Ratio Rank: 8080
Martin Ratio Rank
TUR
TUR Risk / Return Rank: 4545
Overall Rank
TUR Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
TUR Sortino Ratio Rank: 4444
Sortino Ratio Rank
TUR Omega Ratio Rank: 4646
Omega Ratio Rank
TUR Calmar Ratio Rank: 4949
Calmar Ratio Rank
TUR Martin Ratio Rank: 4343
Martin Ratio Rank
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. TUR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arista Networks, Inc. (ANET) and iShares MSCI Turkey ETF (TUR). 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.

ANETTURDifference
Sharpe ratioReturn per unit of total volatility
1.56
1.41

+0.15

Sortino ratioReturn per unit of downside risk
2.12
2.04

+0.07

Omega ratioGain probability vs. loss probability

1.27

1.27

0.00

Calmar ratioReturn relative to maximum drawdown

2.95

2.23

+0.72

Martin ratioReturn relative to average drawdown

6.13

6.33

-0.20

ANET vs. TUR - Sharpe Ratio Comparison

The current ANET Sharpe Ratio is 1.56, which is comparable to the TUR Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of ANET and TUR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

ANET vs. TUR - Drawdown Comparison

The maximum ANET drawdown since its inception was -52.20%, smaller than the maximum TUR drawdown of -72.34%. Use the drawdown chart below to compare losses from any high point for ANET and TUR.

Loading charts...

Drawdown Indicators

ANETTURDifference

Max Drawdown

Largest peak-to-trough decline

-52.20%

-72.34%

+20.14%

Max Drawdown (1Y)

Largest decline over 1 year

-28.33%

-16.07%

-12.26%

Max Drawdown (3Y)

Largest decline over 3 years

-50.42%

-31.63%

-18.79%

Max Drawdown (5Y)

Largest decline over 5 years

-50.42%

-31.63%

-18.79%

Max Drawdown (10Y)

Largest decline over 10 years

-52.20%

-59.25%

+7.05%

Current Drawdown

Current decline from peak

-4.86%

-25.67%

+20.81%

Average Drawdown

Average peak-to-trough decline

-15.39%

-39.87%

+24.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.60%

5.64%

+7.96%

Volatility

ANET vs. TUR - Volatility Comparison

Arista Networks, Inc. (ANET) has a higher volatility of 16.30% compared to iShares MSCI Turkey ETF (TUR) at 14.44%. This indicates that ANET's price experiences larger fluctuations and is considered to be riskier than TUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

ANETTURDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.30%

14.44%

+1.86%

Volatility (6M)

Calculated over the trailing 6-month period

40.91%

20.28%

+20.63%

Volatility (1Y)

Calculated over the trailing 1-year period

53.62%

25.43%

+28.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.28%

34.16%

+13.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

45.03%

34.41%

+10.62%

Dividends

ANET vs. TUR - Dividend Comparison

ANET has not paid dividends to shareholders, while TUR's dividend yield for the trailing twelve months is around 3.25%.

PositionTTM20252024202320222021202020192018201720162015
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%
TUR
iShares MSCI Turkey ETF		3.25%2.40%1.79%4.43%1.97%4.22%0.87%3.29%4.05%2.64%2.89%3.04%

Frequently Asked Questions

ANET and TUR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ANET has higher volatility (16.30%) compared to TUR (14.44%). In terms of maximum drawdown, ANET dropped -52.20% vs TUR's -72.34%.

ANET currently has the higher Sharpe Ratio (1.56 vs 1.41), 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.

Portfolio Optimizer

Find the right allocation for ANET and TUR

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