COCO vs. ANET
COCO (The Vita Coco Company, Inc.) and ANET (Arista Networks, Inc.) are both stocks. COCO operates in Beverages - Non-Alcoholic (Consumer Defensive), while ANET operates in Computer Hardware (Technology). Over the past 3 years, COCO returned 42.88%/yr vs 67.14%/yr for ANET. At a 0.22 correlation, their price movements are largely independent.
Performance
COCO vs. ANET - Performance Comparison
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Returns By Period
In the year-to-date period, COCO achieves a 34.69% return, which is significantly lower than ANET's 42.68% return.
COCO
- 1D
- 0.21%
- 1M
- -9.22%
- 6M
- 29.89%
- YTD
- 34.69%
- 1Y
- 92.66%
- 3Y*
- 42.88%
- 5Y*
- —
- 10Y*
- —
ANET
- 1D
- 1.23%
- 1M
- 19.54%
- 6M
- 52.14%
- YTD
- 42.68%
- 1Y
- 72.20%
- 3Y*
- 67.14%
- 5Y*
- 51.24%
- 10Y*
- 45.55%
COCO vs. ANET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
COCO The Vita Coco Company, Inc. | 34.69% | 43.62% | 43.90% | 85.60% | 23.72% | -27.33% |
ANET Arista Networks, Inc. | 42.68% | 18.55% | 87.73% | 94.07% | -15.58% | 45.68% |
Correlation
The correlation between COCO and ANET is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2021 | 0.22 |
The correlation between COCO and ANET shifts across timeframes, from 0.10 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Fundamentals
COCO:
$4.08B
ANET:
$235.41B
COCO:
$1.38
ANET:
$2.92
COCO:
51.88
ANET:
64.09
COCO:
0.43
ANET:
1.51
COCO:
6.53
ANET:
24.56
COCO:
12.26
ANET:
17.66
COCO:
$658.62M
ANET:
$9.71B
COCO:
$246.32M
ANET:
$6.17B
COCO:
$100.45M
ANET:
$4.21B
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Return for Risk
COCO vs. ANET — Risk / Return Rank
COCO
ANET
COCO vs. ANET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Vita Coco Company, Inc. (COCO) 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.
| COCO | ANET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.25 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.98 | 2.69 | +1.29 |
| Martin ratioReturn relative to average drawdown | 10.24 | 5.57 | +4.67 |
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Drawdowns
COCO vs. ANET - Drawdown Comparison
The maximum COCO drawdown since its inception was -56.97%, which is greater than ANET's maximum drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for COCO and ANET.
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Drawdown Indicators
| COCO | ANET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.97% | -52.20% | -4.77% |
Max Drawdown (1Y)Largest decline over 1 year | -23.23% | -28.33% | +5.10% |
Max Drawdown (3Y)Largest decline over 3 years | -38.55% | -50.42% | +11.87% |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.20% | — |
Current DrawdownCurrent decline from peak | -15.02% | 0.00% | -15.02% |
Average DrawdownAverage peak-to-trough decline | -16.72% | -15.33% | -1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.02% | 13.67% | -4.65% |
Volatility
COCO vs. ANET - Volatility Comparison
The Vita Coco Company, Inc. (COCO) and Arista Networks, Inc. (ANET) have volatilities of 18.95% and 18.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COCO | ANET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.95% | 18.52% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 44.60% | 42.99% | +1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.47% | 54.67% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.89% | 47.88% | +9.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.89% | 45.12% | +11.77% |
Dividends
COCO vs. ANET - Dividend Comparison
Neither COCO nor ANET has paid dividends to shareholders.
Financials
COCO vs. ANET - Financials Comparison
This section allows you to compare key financial metrics between The Vita Coco Company, 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
COCO vs. ANET - Profitability Comparison
COCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Vita Coco Company, Inc. reported a gross profit of 71.81M and revenue of 179.77M. Therefore, the gross margin over that period was 40.0%.
ANET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
COCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Vita Coco Company, Inc. reported an operating income of 33.58M and revenue of 179.77M, resulting in an operating margin of 18.7%.
ANET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Arista Networks, Inc. reported an operating income of 1.16B and revenue of 2.71B, resulting in an operating margin of 42.7%.
COCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Vita Coco Company, Inc. reported a net income of 30.47M and revenue of 179.77M, resulting in a net margin of 17.0%.
ANET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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
COCO and ANET have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COCO has higher volatility (18.95%) compared to ANET (18.52%). In terms of maximum drawdown, COCO dropped -56.97% vs ANET's -52.20%.
COCO currently has the higher Sharpe Ratio (1.70 vs 1.40), 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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