BRK-B vs. ANET
BRK-B (Berkshire Hathaway Inc.) and ANET (Arista Networks, Inc.) are both stocks. BRK-B operates in Insurance - Diversified (Financial Services), while ANET operates in Computer Hardware (Technology). Over the past 10 years, BRK-B returned 13.14%/yr vs 42.38%/yr for ANET. At a 0.25 correlation, their price movements are largely independent.
Performance
BRK-B vs. ANET - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BRK-B achieves a -3.11% return, which is significantly lower than ANET's 19.36% return. Over the past 10 years, BRK-B has underperformed ANET with an annualized return of 13.14%, while ANET has yielded a comparatively higher 42.38% annualized return.
BRK-B
- 1D
- -0.23%
- 1M
- 2.32%
- YTD
- -3.11%
- 6M
- -2.06%
- 1Y
- -1.32%
- 3Y*
- 13.25%
- 5Y*
- 11.03%
- 10Y*
- 13.14%
ANET
- 1D
- 1.38%
- 1M
- 10.32%
- YTD
- 19.36%
- 6M
- 21.14%
- 1Y
- 60.82%
- 3Y*
- 56.72%
- 5Y*
- 47.39%
- 10Y*
- 42.38%
BRK-B vs. ANET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | -3.11% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
ANET Arista Networks, Inc. | 19.36% | 18.55% | 87.73% | 94.07% | -15.58% | 97.89% | 42.86% | -3.46% | -10.56% | 143.44% |
Correlation
The correlation between BRK-B and ANET is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014 | 0.25 |
The correlation between BRK-B and ANET shifts across timeframes, from -0.11 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BRK-B:
$1.05T
ANET:
$199.22B
BRK-B:
$33.62
ANET:
$2.92
BRK-B:
14.49
ANET:
53.57
BRK-B:
0.56
ANET:
1.26
BRK-B:
2.80
ANET:
20.53
BRK-B:
1.44
ANET:
14.77
BRK-B:
$375.39B
ANET:
$9.71B
BRK-B:
$94.36B
ANET:
$6.17B
BRK-B:
$71.92B
ANET:
$4.21B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BRK-B vs. ANET — Risk / Return Rank
BRK-B
ANET
BRK-B vs. ANET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Berkshire Hathaway Inc. (BRK-B) 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.
| BRK-B | ANET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.22 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 2.16 | -2.30 |
| Martin ratioReturn relative to average drawdown | -0.30 | 4.51 | -4.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BRK-B | ANET | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | 1.15 | -1.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 1.01 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.95 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.83 | -0.34 |
Drawdowns
BRK-B vs. ANET - Drawdown Comparison
The maximum BRK-B drawdown since its inception was -53.86%, roughly equal to the maximum ANET drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for BRK-B and ANET.
Loading charts...
Drawdown Indicators
| BRK-B | ANET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.86% | -52.20% | -1.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.42% | -28.33% | +18.91% |
Max Drawdown (3Y)Largest decline over 3 years | -14.95% | -50.42% | +35.47% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -50.42% | +23.84% |
Max Drawdown (10Y)Largest decline over 10 years | -29.57% | -52.20% | +22.63% |
Current DrawdownCurrent decline from peak | -9.78% | -12.00% | +2.22% |
Average DrawdownAverage peak-to-trough decline | -11.07% | -15.40% | +4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 13.53% | -9.04% |
Volatility
BRK-B vs. ANET - Volatility Comparison
The current volatility for Berkshire Hathaway Inc. (BRK-B) is 3.98%, while Arista Networks, Inc. (ANET) has a volatility of 16.83%. This indicates that BRK-B experiences smaller price fluctuations and is considered to be less risky than ANET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BRK-B | ANET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 16.83% | -12.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.87% | 40.41% | -29.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 53.48% | -39.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 47.20% | -30.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 44.99% | -25.55% |
Dividends
BRK-B vs. ANET - Dividend Comparison
Neither BRK-B nor ANET has paid dividends to shareholders.
Financials
BRK-B vs. ANET - Financials Comparison
This section allows you to compare key financial metrics between Berkshire Hathaway 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
BRK-B vs. ANET - Profitability Comparison
BRK-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a gross profit of 26.98B and revenue of 93.68B. Therefore, the gross margin over that period was 28.8%.
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%.
BRK-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported an operating income of 15.05B and revenue of 93.68B, resulting in an operating margin of 16.1%.
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%.
BRK-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a net income of 10.18B and revenue of 93.68B, resulting in a net margin of 10.9%.
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
BRK-B and ANET have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ANET has higher volatility (16.83%) compared to BRK-B (3.98%). In terms of maximum drawdown, BRK-B dropped -53.86% vs ANET's -52.20%.
ANET currently has the higher Sharpe Ratio (1.15 vs -0.09), 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.
Find the right allocation for BRK-B and ANET
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