ANET vs MSI: Correlation
How closely do Arista Networks (ANET) and Motorola Solutions (MSI) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANET and MSI?
Across a 3-year window, the weekly returns of ANET and MSI correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 483.5 %².
By 3-year correlation, MSI places #25 of the 35 assets tracked against ANET. The last year tells two different stories: ANET led by 45.0 percentage points, +50.9% for ANET against +5.9% for MSI. On a rolling one-year basis the correlation drifted between 0.16 and 0.55, a moderate band. Risk is not evenly split, since ANET carries 2.2 times the volatility of the other side.
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 MSI: side by side
| ANET (Arista Networks) | MSI (Motorola Solutions) | |
|---|---|---|
| 1-year return | +50.9% | +5.9% |
| 5-year return | +764.7% | +111.1% |
| Volatility (ann.) | 49.3% | 22.1% |
| Beta vs S&P 500 | 2.20 | 0.61 |
| Max drawdown (3Y) | -50.4% | -27.0% |
| Market cap | $253.6B | $80.5B |
| P/E (trailing) | 64.0 | 38.5 |
| Dividend yield | 0.00% | 0.97% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | ANET | MSI |
|---|---|---|
| 2022 | -15.6% | -3.8% |
| 2023 | +94.1% | +23.0% |
| 2024 | +87.7% | +49.1% |
| 2025 | +18.5% | -16.2% |
| 2026 | +53.5% | +27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANET and MSI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ANET and MSI?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.37 over the last year and 0.44 over 5 years.
Is MSI a good diversifier for ANET?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anet-vs-msi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anet-vs-msi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANET correlations · MSI correlations
