AVGO vs. ANET
AVGO (Broadcom Inc.) and ANET (Arista Networks, Inc.) are both stocks. Both are in the Technology sector — AVGO in Semiconductors, ANET in Computer Hardware. Over the past 10 years, AVGO returned 42.25%/yr vs 45.29%/yr for ANET. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
AVGO vs. ANET - Performance Comparison
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Returns By Period
In the year-to-date period, AVGO achieves a 13.72% return, which is significantly lower than ANET's 33.22% return. Over the past 10 years, AVGO has underperformed ANET with an annualized return of 42.25%, while ANET has yielded a comparatively higher 45.29% annualized return.
AVGO
- 1D
- -4.52%
- 1M
- -5.16%
- YTD
- 13.72%
- 6M
- 15.27%
- 1Y
- 58.01%
- 3Y*
- 70.37%
- 5Y*
- 55.97%
- 10Y*
- 42.25%
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%
AVGO vs. ANET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 13.72% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 29.05% | 2.18% | 48.19% |
ANET Arista Networks, Inc. | 33.22% | 18.55% | 87.73% | 94.07% | -15.58% | 97.89% | 42.86% | -3.46% | -10.56% | 143.44% |
Correlation
The correlation between AVGO and ANET is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014 | 0.52 |
The correlation between AVGO and ANET shifts across timeframes, from 0.52 (all time) to 0.65 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AVGO:
$1.91T
ANET:
$222.35B
AVGO:
$6.01
ANET:
$2.92
AVGO:
65.25
ANET:
59.79
AVGO:
0.81
ANET:
1.40
AVGO:
25.35
ANET:
22.91
AVGO:
21.80
ANET:
16.49
AVGO:
$75.47B
ANET:
$9.71B
AVGO:
$50.53B
ANET:
$6.17B
AVGO:
$42.03B
ANET:
$4.21B
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Return for Risk
AVGO vs. ANET — Risk / Return Rank
AVGO
ANET
AVGO vs. ANET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and Arista Networks, Inc. (ANET). 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.
| AVGO | ANET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.31 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 3.63 | -1.60 |
| Martin ratioReturn relative to average drawdown | 4.63 | 7.56 | -2.93 |
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Drawdowns
AVGO vs. ANET - Drawdown Comparison
The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum ANET drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for AVGO and ANET.
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Drawdown Indicators
| AVGO | ANET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.30% | -52.20% | +3.90% |
Max Drawdown (1Y)Largest decline over 1 year | -28.67% | -28.33% | -0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -41.15% | -50.42% | +9.27% |
Max Drawdown (5Y)Largest decline over 5 years | -41.15% | -50.42% | +9.27% |
Max Drawdown (10Y)Largest decline over 10 years | -48.30% | -52.20% | +3.90% |
Current DrawdownCurrent decline from peak | -18.44% | -1.78% | -16.66% |
Average DrawdownAverage peak-to-trough decline | -8.00% | -15.37% | +7.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.57% | 13.59% | -1.02% |
Volatility
AVGO vs. ANET - Volatility Comparison
Broadcom Inc. (AVGO) has a higher volatility of 21.58% compared to Arista Networks, Inc. (ANET) at 15.95%. This indicates that AVGO's price experiences larger fluctuations and is considered to be riskier than ANET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVGO | ANET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.58% | 15.95% | +5.63% |
Volatility (6M)Calculated over the trailing 6-month period | 33.32% | 40.27% | -6.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.48% | 53.18% | -6.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.61% | 47.31% | -3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.64% | 45.04% | -5.40% |
Dividends
AVGO vs. ANET - Dividend Comparison
AVGO's dividend yield for the trailing twelve months is around 0.65%, while ANET has not paid dividends to shareholders.
| 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% |
AVGO Broadcom Inc. | 0.65% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
Financials
AVGO vs. ANET - Financials Comparison
This section allows you to compare key financial metrics between Broadcom Inc. and Arista Networks, 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
AVGO vs. ANET - Profitability Comparison
AVGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.
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%.
AVGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.
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%.
AVGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.
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%.
Frequently Asked Questions
AVGO and ANET have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (21.58%) compared to ANET (15.95%). In terms of maximum drawdown, AVGO dropped -48.30% vs ANET's -52.20%.
ANET currently has the higher Sharpe Ratio (1.94 vs 1.26), 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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