ANET vs VUG: Correlation
Arista Networks (ANET) and Vanguard Growth ETF (VUG) show a strong relationship: their 3-year correlation of weekly returns is 0.67.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANET and VUG?
Over the past 3 years, ANET and VUG moved with a correlation of 0.67, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.47 versus 0.67 over 3 years. Over 5 years the correlation is 0.59, and the annualized covariance of weekly returns is 637.5 %².
VUG is one of the assets that tracks ANET most closely: it ranks #3 out of the 35 assets we track against ANET. Their recent paths diverged sharply: over the last 12 months ANET outperformed by 34.7 percentage points (+50.9% for ANET against +16.2% for VUG). This link changes with the market regime, having swung between 0.23 and 0.79 on a rolling one-year basis. One caveat on sizing: ANET is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 VUG: side by side
| ANET (Arista Networks) | VUG (Vanguard Growth ETF) | |
|---|---|---|
| 1-year return | +50.9% | +16.2% |
| 5-year return | +764.7% | +78.4% |
| Volatility (ann.) | 49.3% | 19.4% |
| Beta vs S&P 500 | 2.20 | 1.28 |
| Max drawdown (3Y) | -50.4% | -22.8% |
| Market cap | $253.6B | – |
| P/E (trailing) | 64.0 | – |
| Dividend yield | 0.00% | 0.40% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $372.0B |
| Sector / category | Information Technology | ETF · US Style |
VUG, Vanguard's Large Growth fund, carries $372.0B under management, 146 holdings, a 0.03% expense ratio, a 0.40% trailing dividend yield.
Year-by-year returns
| Year | ANET | VUG |
|---|---|---|
| 2022 | -15.6% | -33.2% |
| 2023 | +94.1% | +46.8% |
| 2024 | +87.7% | +32.7% |
| 2025 | +18.5% | +19.4% |
| 2026 | +53.5% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.56% of VUG is ANET itself, so the fund partly moves with the stock by construction.
Are ANET and VUG good diversifiers for each other?
To a limited degree. At 0.67 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 VUG?
Using weekly returns as of 2026-08-27: 0.67 over 3 years, with 0.47 over the last year and 0.59 over 5 years.
Is VUG a good diversifier for ANET?
To a limited degree. At 0.67 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 0.67 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anet-vs-vug.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anet-vs-vug/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANET correlations · VUG correlations
