H vs. ANET

Last updated Jun 13, 2026

H (Hyatt Hotels Corporation) and ANET (Arista Networks, Inc.) are both stocks. H operates in Lodging (Consumer Cyclical), while ANET operates in Computer Hardware (Technology). Over the past 10 years, H returned 16.08%/yr vs 43.12%/yr for ANET. At a 0.31 correlation, their price movements are largely independent.

Performance

H vs. ANET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hyatt Hotels Corporation (H) and Arista Networks, Inc. (ANET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with H having a 24.57% return and ANET slightly higher at 24.58%. Over the past 10 years, H has underperformed ANET with an annualized return of 16.08%, while ANET has yielded a comparatively higher 43.12% annualized return.

H

• 1D: 0.76%
• 1M: 17.38%
• YTD: 24.57%
• 6M: 23.62%
• 1Y: 53.27%
• 3Y*: 20.06%
• 5Y*: 19.82%
• 10Y*: 16.08%

ANET

• 1D: 4.37%
• 1M: 10.44%
• YTD: 24.58%
• 6M: 30.84%
• 1Y: 76.76%
• 3Y*: 57.04%
• 5Y*: 48.31%
• 10Y*: 43.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

H vs. ANET - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
H Hyatt Hotels Corporation	24.57%	2.56%	20.86%	44.76%	-5.68%	29.16%	-17.04%	34.06%	-7.36%	33.08%
ANET Arista Networks, Inc.	24.58%	18.55%	87.73%	94.07%	-15.58%	97.89%	42.86%	-3.46%	-10.56%	143.44%

Correlation

The correlation between H and ANET is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014	0.31

The correlation between H and ANET shifts across timeframes, from 0.14 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap H : $19.32B ANET : $207.94B
EPS H : -$0.35 ANET : $2.92
PS Ratio H : 3.08 ANET : 21.42
PB Ratio H : 5.98 ANET : 15.42
Total Revenue (TTM) H : $6.24B ANET : $9.71B
Gross Profit (TTM) H : $1.72B ANET : $6.17B
EBITDA (TTM) H : $567.00M ANET : $4.21B

Return for Risk

H vs. ANET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

H

H Risk / Return Rank: 81
H Sharpe Ratio Rank: 83
H Sortino Ratio Rank: 80
H Omega Ratio Rank: 76
H Calmar Ratio Rank: 82
H Martin Ratio Rank: 84

ANET

ANET Risk / Return Rank: 78
ANET Sharpe Ratio Rank: 80
ANET Sortino Ratio Rank: 75
ANET Omega Ratio Rank: 74
ANET Calmar Ratio Rank: 80
ANET Martin Ratio Rank: 78

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.

H vs. ANET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hyatt Hotels Corporation (H) 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.

	H	ANET	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.32	+0.19
Sortino ratio: Return per unit of downside risk	2.23	1.90	+0.32
Omega ratio: Gain probability vs. loss probability	1.26	1.24	+0.02
Calmar ratio: Return relative to maximum drawdown	2.68	2.50	+0.18
Martin ratio: Return relative to average drawdown	7.78	5.20	+2.58

H vs. ANET - Sharpe Ratio Comparison

The current H Sharpe Ratio is 1.51, which is comparable to the ANET Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of H and ANET, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

H vs. ANET - Drawdown Comparison

The maximum H drawdown since its inception was -60.54%, which is greater than ANET's maximum drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for H and ANET.

Drawdown Indicators

	H	ANET	Difference
Max Drawdown Largest peak-to-trough decline	-60.54%	-52.20%	-8.34%
Max Drawdown (1Y) Largest decline over 1 year	-18.86%	-28.33%	+9.47%
Max Drawdown (3Y) Largest decline over 3 years	-37.28%	-50.42%	+13.14%
Max Drawdown (5Y) Largest decline over 5 years	-37.28%	-50.42%	+13.14%
Max Drawdown (10Y) Largest decline over 10 years	-60.54%	-52.20%	-8.34%
Current Drawdown Current decline from peak	0.00%	-8.15%	+8.15%
Average Drawdown Average peak-to-trough decline	-13.28%	-15.39%	+2.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.50%	13.60%	-7.10%

Volatility

H vs. ANET - Volatility Comparison

The current volatility for Hyatt Hotels Corporation (H) is 8.80%, while Arista Networks, Inc. (ANET) has a volatility of 16.62%. This indicates that H 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.

Volatility by Period

	H	ANET	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.80%	16.62%	-7.82%
Volatility (6M) Calculated over the trailing 6-month period	26.23%	40.79%	-14.56%
Volatility (1Y) Calculated over the trailing 1-year period	33.55%	53.57%	-20.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.47%	47.23%	-12.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.27%	45.00%	-9.73%

Dividends

H vs. ANET - Dividend Comparison

H's dividend yield for the trailing twelve months is around 0.30%, while ANET has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ANET Arista Networks, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
H Hyatt Hotels Corporation	0.30%	0.37%	0.38%	0.35%	0.00%	0.00%	0.27%	0.85%	0.89%

Financials

H vs. ANET - Profitability Comparison

The chart below illustrates the profitability comparison between Hyatt Hotels Corporation and Arista Networks, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

H - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hyatt Hotels Corporation reported a gross profit of 803.00M and revenue of 1.75B. Therefore, the gross margin over that period was 45.9%.

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%.

H - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hyatt Hotels Corporation reported an operating income of 673.00M and revenue of 1.75B, resulting in an operating margin of 38.5%.

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%.

H - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hyatt Hotels Corporation reported a net income of 38.00M and revenue of 1.75B, resulting in a net margin of 2.2%.

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%.

Frequently Asked Questions

Can I hold both H and ANET in my portfolio?

H and ANET have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, H or ANET?

ANET has higher volatility (16.62%) compared to H (8.80%). In terms of maximum drawdown, H dropped -60.54% vs ANET's -52.20%.

Which has better risk-adjusted returns?

H currently has the higher Sharpe Ratio (1.51 vs 1.32), 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.