ARW vs. GRMN
ARW (Arrow Electronics, Inc.) and GRMN (Garmin Ltd.) are both stocks. Both are in the Technology sector — ARW in Electronics & Computer Distribution, GRMN in Scientific & Technical Instruments. Over the past 10 years, ARW returned 13.12%/yr vs 21.39%/yr for GRMN. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
ARW vs. GRMN - Performance Comparison
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Returns By Period
In the year-to-date period, ARW achieves a 96.56% return, which is significantly higher than GRMN's 46.03% return. Over the past 10 years, ARW has underperformed GRMN with an annualized return of 13.12%, while GRMN has yielded a comparatively higher 21.39% annualized return.
ARW
- 1D
- 1.75%
- 1M
- 9.67%
- 6M
- 63.46%
- YTD
- 96.56%
- 1Y
- 88.88%
- 3Y*
- 14.92%
- 5Y*
- 12.80%
- 10Y*
- 13.12%
- ALL TIME*
- 7.81%
GRMN
- 1D
- -1.27%
- 1M
- 22.40%
- 6M
- 46.90%
- YTD
- 46.03%
- 1Y
- 36.51%
- 3Y*
- 42.87%
- 5Y*
- 15.78%
- 10Y*
- 21.39%
- ALL TIME*
- 17.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $106.05M | $109.62M | $142.74M | |
GRMN Garmin Ltd. | $338.93M | $260.91M | $222.30M |
ARW vs. GRMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARW Arrow Electronics, Inc. | 96.56% | -2.60% | -7.47% | 16.91% | -22.12% | 38.00% | 14.82% | 22.90% | -14.25% | 12.78% |
GRMN Garmin Ltd. | 46.03% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
Correlation
The correlation between ARW and GRMN is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.40 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2000 | 0.42 |
The correlation between ARW and GRMN shifts across timeframes, from 0.34 (1 year) to 0.51 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ARW:
$11.07B
GRMN:
$56.66B
ARW:
$14.00
GRMN:
$9.70
ARW:
15.47
GRMN:
30.29
ARW:
4.93
GRMN:
2.43
ARW:
0.34
GRMN:
7.41
ARW:
1.66
GRMN:
6.30
ARW:
$33.51B
GRMN:
$7.67B
ARW:
$3.75B
GRMN:
$4.61B
ARW:
$1.18B
GRMN:
$2.41B
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Return for Risk
ARW vs. GRMN — Risk / Return Rank
ARW
GRMN
ARW vs. GRMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrow Electronics, Inc. (ARW) and Garmin Ltd. (GRMN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARW | GRMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.24 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.02 | 1.31 | +2.71 |
| Martin ratioReturn relative to average drawdown | 9.54 | 2.78 | +6.76 |
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Drawdowns
ARW vs. GRMN - Drawdown Comparison
The maximum ARW drawdown since its inception was -86.03%, roughly equal to the maximum GRMN drawdown of -87.71%. Use the drawdown chart below to compare losses from any high point for ARW and GRMN.
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Drawdown Indicators
| ARW | GRMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.03% | -87.71% | +1.68% |
Max Drawdown (1Y)Largest decline over 1 year | -21.68% | -27.97% | +6.29% |
Max Drawdown (3Y)Largest decline over 3 years | -34.14% | -27.97% | -6.17% |
Max Drawdown (5Y)Largest decline over 5 years | -38.16% | -54.63% | +16.47% |
Max Drawdown (10Y)Largest decline over 10 years | -52.77% | -54.63% | +1.86% |
Current DrawdownCurrent decline from peak | -7.78% | -1.27% | -6.51% |
Average DrawdownAverage peak-to-trough decline | -29.22% | -31.42% | +2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.12% | 13.16% | -4.04% |
Volatility
ARW vs. GRMN - Volatility Comparison
The current volatility for Arrow Electronics, Inc. (ARW) is 11.62%, while Garmin Ltd. (GRMN) has a volatility of 16.98%. This indicates that ARW experiences smaller price fluctuations and is considered to be less risky than GRMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARW | GRMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.62% | 16.98% | -5.36% |
Volatility (6M)Calculated over the trailing 6-month period | 28.01% | 27.06% | +0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.71% | 33.95% | +2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.70% | 31.45% | -1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.75% | 28.56% | +1.19% |
Dividends
ARW vs. GRMN - Dividend Comparison
ARW has not paid dividends to shareholders, while GRMN's dividend yield for the trailing twelve months is around 1.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARW Arrow Electronics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GRMN Garmin Ltd. | 1.28% | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% |
Financials
ARW vs. GRMN - Financials Comparison
This section allows you to compare key financial metrics between Arrow Electronics, Inc. and Garmin Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ARW vs. GRMN - Profitability Comparison
ARW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Arrow Electronics, Inc. reported a gross profit of 1.09B and revenue of 9.47B. Therefore, the gross margin over that period was 11.5%.
GRMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Garmin Ltd. reported a gross profit of 1.26B and revenue of 2.02B. Therefore, the gross margin over that period was 62.4%.
ARW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Arrow Electronics, Inc. reported an operating income of 361.60M and revenue of 9.47B, resulting in an operating margin of 3.8%.
GRMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Garmin Ltd. reported an operating income of 615.51M and revenue of 2.02B, resulting in an operating margin of 30.4%.
ARW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Arrow Electronics, Inc. reported a net income of 235.11M and revenue of 9.47B, resulting in a net margin of 2.5%.
GRMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Garmin Ltd. reported a net income of 541.92M and revenue of 2.02B, resulting in a net margin of 26.8%.
Frequently Asked Questions
ARW and GRMN have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRMN has higher volatility (16.98%) compared to ARW (11.62%). In terms of maximum drawdown, ARW dropped -86.03% vs GRMN's -87.71%.
ARW currently has the higher Sharpe Ratio (2.49 vs 1.08), 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.
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