JNJ vs. ANET
JNJ (Johnson & Johnson) and ANET (Arista Networks, Inc.) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while ANET operates in Computer Hardware (Technology). Over the past 10 years, JNJ returned 10.71%/yr vs 44.33%/yr for ANET. At a 0.11 correlation, their price movements are largely independent.
Performance
JNJ vs. ANET - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 28.69% return, which is significantly lower than ANET's 32.79% return. Over the past 10 years, JNJ has underperformed ANET with an annualized return of 10.71%, while ANET has yielded a comparatively higher 44.33% annualized return.
JNJ
- 1D
- 1.59%
- 1M
- 9.29%
- 6M
- 20.98%
- YTD
- 28.69%
- 1Y
- 59.22%
- 3Y*
- 18.59%
- 5Y*
- 12.03%
- 10Y*
- 10.71%
- ALL TIME*
- 12.34%
ANET
- 1D
- -1.48%
- 1M
- 7.57%
- 6M
- 27.61%
- YTD
- 32.79%
- 1Y
- 52.57%
- 3Y*
- 58.71%
- 5Y*
- 48.85%
- 10Y*
- 44.33%
- ALL TIME*
- 38.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.14B | $1.37B | $1.54B | |
| $2.16B | $2.18B | $1.96B |
JNJ vs. ANET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 28.69% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
ANET Arista Networks, Inc. | 32.79% | 18.55% | 87.73% | 94.07% | -15.58% | 97.89% | 42.86% | -3.46% | -10.56% | 143.44% |
Correlation
The correlation between JNJ and ANET is -0.14, 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 | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2014 | 0.11 |
The correlation between JNJ and ANET shifts across timeframes, from -0.18 (3 years) to 0.11 (all time), reflecting how their relationship changes across market environments.
Fundamentals
JNJ:
$634.06B
ANET:
$219.08B
JNJ:
$8.63
ANET:
$2.92
JNJ:
30.53
ANET:
59.64
JNJ:
1.02
ANET:
1.40
JNJ:
6.56
ANET:
22.85
JNJ:
7.56
ANET:
16.43
JNJ:
$97.93B
ANET:
$9.71B
JNJ:
$68.99B
ANET:
$6.17B
JNJ:
$31.92B
ANET:
$4.21B
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Return for Risk
JNJ vs. ANET — Risk / Return Rank
JNJ
ANET
JNJ vs. ANET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) 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.
| JNJ | ANET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.32 | ||
| Sortino ratioReturn per unit of downside risk | +2.93 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.19 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 5.43 | 1.86 | +3.57 |
| Martin ratioReturn relative to average drawdown | 15.17 | 3.83 | +11.33 |
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Drawdowns
JNJ vs. ANET - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, roughly equal to the maximum ANET drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for JNJ and ANET.
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Drawdown Indicators
| JNJ | ANET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -52.20% | +1.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -28.33% | +17.37% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -50.42% | +34.47% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -50.42% | +32.01% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -52.20% | +24.83% |
Current DrawdownCurrent decline from peak | -1.44% | -6.94% | +5.50% |
Average DrawdownAverage peak-to-trough decline | -11.88% | -15.31% | +3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 13.75% | -9.83% |
Volatility
JNJ vs. ANET - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 8.75%, while Arista Networks, Inc. (ANET) has a volatility of 17.57%. This indicates that JNJ 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.
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Volatility by Period
| JNJ | ANET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.75% | 17.57% | -8.82% |
Volatility (6M)Calculated over the trailing 6-month period | 14.62% | 41.93% | -27.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.12% | 55.02% | -36.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.37% | 47.98% | -30.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.71% | 45.18% | -26.47% |
Dividends
JNJ vs. ANET - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 1.99%, 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% |
JNJ Johnson & Johnson | 1.99% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
JNJ vs. ANET - Financials Comparison
This section allows you to compare key financial metrics between Johnson & Johnson 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
JNJ vs. ANET - Profitability Comparison
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a gross profit of 18.50B and revenue of 25.31B. Therefore, the gross margin over that period was 73.1%.
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%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported an operating income of 7.17B and revenue of 25.31B, resulting in an operating margin of 28.3%.
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%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a net income of 5.53B and revenue of 25.31B, resulting in a net margin of 21.9%.
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
JNJ 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.
ANET has higher volatility (17.57%) compared to JNJ (8.75%). In terms of maximum drawdown, JNJ dropped -50.67% vs ANET's -52.20%.
JNJ currently has the higher Sharpe Ratio (3.28 vs 0.96), 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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