NSIT vs. ANET

Last updated Jun 4, 2026

NSIT (Insight Enterprises, Inc.) and ANET (Arista Networks, Inc.) are both stocks. Both are in the Technology sector — NSIT in Information Technology Services, ANET in Computer Hardware. Over the past 10 years, NSIT returned 15.39%/yr vs 43.55%/yr for ANET. At a 0.34 correlation, their price movements are largely independent.

Performance

NSIT vs. ANET - Performance Comparison

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

Returns By Period

In the year-to-date period, NSIT achieves a 41.89% return, which is significantly higher than ANET's 33.08% return. Over the past 10 years, NSIT has underperformed ANET with an annualized return of 15.39%, while ANET has yielded a comparatively higher 43.55% annualized return.

NSIT

• 1D: -3.43%
• 1M: 64.02%
• YTD: 41.89%
• 6M: 30.34%
• 1Y: -11.96%
• 3Y*: -5.49%
• 5Y*: 1.93%
• 10Y*: 15.39%

ANET

• 1D: -0.55%
• 1M: 1.01%
• YTD: 33.08%
• 6M: 36.44%
• 1Y: 84.52%
• 3Y*: 62.51%
• 5Y*: 51.43%
• 10Y*: 43.55%

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

NSIT vs. ANET - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NSIT Insight Enterprises, Inc.	41.89%	-46.44%	-14.16%	76.71%	-5.94%	40.10%	8.25%	72.49%	6.42%	-5.32%
ANET Arista Networks, Inc.	33.08%	18.55%	87.73%	94.07%	-15.58%	97.89%	42.86%	-3.46%	-10.56%	143.44%

Correlation

The correlation between NSIT and ANET is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jun 9, 2014	0.34

The correlation between NSIT and ANET shifts across timeframes, from 0.21 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NSIT : $3.57B ANET : $222.11B
EPS NSIT : $5.73 ANET : $2.92
PE Ratio NSIT : 20.18 ANET : 59.73
PS Ratio NSIT : 0.44 ANET : 22.88
PB Ratio NSIT : 2.23 ANET : 16.47
Total Revenue (TTM) NSIT : $8.27B ANET : $9.71B
Gross Profit (TTM) NSIT : $1.82B ANET : $6.17B
EBITDA (TTM) NSIT : $428.25M ANET : $4.21B

Return for Risk

NSIT vs. ANET — Risk / Return Rank

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

NSIT

NSIT Risk / Return Rank: 31
NSIT Sharpe Ratio Rank: 29
NSIT Sortino Ratio Rank: 28
NSIT Omega Ratio Rank: 28
NSIT Calmar Ratio Rank: 33
NSIT Martin Ratio Rank: 34

ANET

ANET Risk / Return Rank: 79
ANET Sharpe Ratio Rank: 83
ANET Sortino Ratio Rank: 77
ANET Omega Ratio Rank: 76
ANET Calmar Ratio Rank: 82
ANET Martin Ratio Rank: 79

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.

NSIT vs. ANET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Insight Enterprises, Inc. (NSIT) 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.

	NSIT	ANET	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	1.61	-1.87
Sortino ratio: Return per unit of downside risk	-0.07	2.17	-2.24
Omega ratio: Gain probability vs. loss probability	0.99	1.28	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.21	3.00	-3.21
Martin ratio: Return relative to average drawdown	-0.34	6.29	-6.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NSIT vs. ANET - Sharpe Ratio Comparison

The current NSIT Sharpe Ratio is -0.26, which is lower than the ANET Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of NSIT 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.

Sharpe Ratios by Period

	NSIT	ANET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	1.61	-1.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	1.10	-1.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.97	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.86	-0.60

Drawdowns

NSIT vs. ANET - Drawdown Comparison

The maximum NSIT drawdown since its inception was -95.19%, which is greater than ANET's maximum drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for NSIT and ANET.

Drawdown Indicators

	NSIT	ANET	Difference
Max Drawdown Largest peak-to-trough decline	-95.19%	-52.20%	-42.99%
Max Drawdown (1Y) Largest decline over 1 year	-56.07%	-28.33%	-27.74%
Max Drawdown (3Y) Largest decline over 3 years	-71.39%	-50.42%	-20.97%
Max Drawdown (5Y) Largest decline over 5 years	-71.39%	-50.42%	-20.97%
Max Drawdown (10Y) Largest decline over 10 years	-71.39%	-52.20%	-19.19%
Current Drawdown Current decline from peak	-48.68%	-1.89%	-46.79%
Average Drawdown Average peak-to-trough decline	-37.18%	-15.41%	-21.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.91%	13.47%	+21.44%

Volatility

NSIT vs. ANET - Volatility Comparison

Insight Enterprises, Inc. (NSIT) and Arista Networks, Inc. (ANET) have volatilities of 21.11% and 21.10%, 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.

Volatility by Period

	NSIT	ANET	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.11%	21.10%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	36.76%	39.36%	-2.60%
Volatility (1Y) Calculated over the trailing 1-year period	46.28%	52.87%	-6.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.23%	47.04%	-14.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.52%	44.89%	-9.37%

Dividends

NSIT vs. ANET - Dividend Comparison

Neither NSIT nor ANET has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

NSIT vs. ANET - Profitability Comparison

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

NSIT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Insight Enterprises, Inc. reported a gross profit of 462.15M and revenue of 2.13B. Therefore, the gross margin over that period was 21.7%.

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%.

NSIT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Insight Enterprises, Inc. reported an operating income of 71.68M and revenue of 2.13B, resulting in an operating margin of 3.4%.

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%.

NSIT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Insight Enterprises, Inc. reported a net income of 30.01M and revenue of 2.13B, resulting in a net margin of 1.4%.

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 NSIT and ANET in my portfolio?

NSIT and ANET have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NSIT or ANET?

NSIT has higher volatility (21.11%) compared to ANET (21.10%). In terms of maximum drawdown, NSIT dropped -95.19% vs ANET's -52.20%.

Which has better risk-adjusted returns?

ANET currently has the higher Sharpe Ratio (1.61 vs -0.26), 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.