ANET correlations (Arista Networks)
ANET measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Information Technology · Communications Equipment
Volatility (ann.)
49.3%
3y weekly
Beta vs S&P 500
2.20
3y weekly
1-year return
+50.9%
price, adjusted
5-year return
+764.7%
price, adjusted
Market cap
$253.6B
latest
P/E ratio
64.0
trailing
Max drawdown
-50.4%
3y, daily closes
ANET over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with ANET
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| BST | BlackRock Science and Technology Trust | 0.69 | |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.68 | |
| VUG | Vanguard Growth ETF | 0.67 | |
| QQQM | Invesco Nasdaq 100 ETF | 0.66 | |
| QQQ | Invesco QQQ Trust | 0.66 | |
| EOS | Eaton Vance Enhance Equity Income Fund II | 0.66 | |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.65 | |
| IVV | iShares Core S&P 500 ETF | 0.65 | |
| SPY | SPDR S&P 500 ETF Trust | 0.65 | |
| VOO | Vanguard S&P 500 ETF | 0.65 | |
| XLK | Technology Select Sector SPDR Fund | 0.65 | |
| GAM | General American Investors, Inc. | 0.64 | |
| VTI | Vanguard Total Stock Market ETF | 0.64 | |
| QQQX | Nuveen NASDAQ 100 Dynamic Overwrite Fund - Closed End Fund | 0.64 | |
| FNGO | MicroSectors FANG Index 2X Leveraged ETNs due January 8 | 0.63 |
Best diversifiers for ANET
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from ANET.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.64 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.50 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.47 | |
| ALMS | Alumis Inc. | -0.19 | |
| FSEA | First Seacoast Bancorp, Inc. | -0.18 | |
| MNDR | Mobile-health Network Solutions - Class A | -0.16 | |
| BVC | BitVentures Limited | -0.15 | |
| WEN | Wendy's Company (The) | -0.15 | |
| GITS | Global Interactive Technologies, Inc. | -0.14 | |
| ED | Consolidated Edison | -0.14 |
ANET vs benchmarks
ANET vs its peers
Get ANET data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/anet.jsonCorrelations, diversifiers, beta and volatility for ANET, plus one endpoint per pair. API documentation.
ANET inside major ETFs
| ETF | ANET weight | |
|---|---|---|
| QUAL | iShares MSCI USA Quality Factor ETF | 1.52% |
| XLK | Technology Select Sector SPDR Fund | 1.4% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.8% |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.58% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.57% |
| VUG | Vanguard Growth ETF | 0.56% |
| IVV | iShares Core S&P 500 ETF | 0.32% |
| SPY | SPDR S&P 500 ETF Trust | 0.32% |
| VOO | Vanguard S&P 500 ETF | 0.29% |
| VTI | Vanguard Total Stock Market ETF | 0.27% |
