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ANET vs META: Correlation

Arista Networks (ANET) and Meta Platforms (META) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.52
last 12 months
Correlation (5Y)
0.38
long-run
Ann. covariance
1002.3
%² · weekly, annualized

How correlated are ANET and META?

Over the past 3 years, ANET and META moved with a correlation of 0.55, which is moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 1002.3 %².

Within ANET's tracked universe of 35 assets, META comes in at #20 by 3-year correlation. The last year tells two different stories: ANET led by 74.2 percentage points, +50.9% for ANET against -23.3% for META. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.02 to 0.72.

+1.0+0.50-0.5-1.020232026-08-27
One-year correlation, rolled weekly across the last three years.
How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

ANET vs META: side by side

ANET (Arista Networks)META (Meta Platforms)
1-year return+50.9%-23.3%
5-year return+764.7%+51.3%
Volatility (ann.)49.3%36.9%
Beta vs S&P 5002.201.45
Max drawdown (3Y)-50.4%-34.2%
Market cap$253.6B$1,454.9B
P/E (trailing)64.021.7
Dividend yield0.00%0.36%
Sector / categoryInformation TechnologyCommunication Services
Lower P/E: META 21.7 vs 64.0Higher yield: META 0.36% vs 0.00%Smaller drawdown: META -34.2% vs -50.4%Higher 5y return: ANET +764.7% vs +51.3%
-30%0%+41%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ANET · META

Year-by-year returns

YearANETMETA
2022-15.6%-64.2%
2023+94.1%+194.1%
2024+87.7%+66.0%
2025+18.5%+13.1%
2026+53.5%-13.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ANET and META good diversifiers for each other?

To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between ANET and META?

Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.52 over the last year and 0.38 over 5 years.

Is META a good diversifier for ANET?

To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.55 mean?

On the −1 to +1 scale, 0.55 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/anet-vs-meta.json

ANET vs META: 3-year weekly correlation 0.55ANET vs META0.55

Drop this badge in a README or notebook; it updates with the data:

[![ANET vs META correlation](https://www.pairbook.io/api/v1/badge/anet-vs-meta.svg)](https://www.pairbook.io/pair/anet-vs-meta/)

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Related comparisons

Hubs: ANET correlations · META correlations