GD vs. GRMN
GD (General Dynamics Corporation) and GRMN (Garmin Ltd.) are both stocks. Over the past 10 years, GD returned 11.59%/yr vs 21.88%/yr for GRMN. At a 0.34 correlation, their price movements are largely independent.
Performance
GD vs. GRMN - Performance Comparison
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Returns By Period
In the year-to-date period, GD achieves a 2.13% return, which is significantly lower than GRMN's 16.41% return. Over the past 10 years, GD has underperformed GRMN with an annualized return of 11.59%, while GRMN has yielded a comparatively higher 21.88% annualized return.
GD
- 1D
- -1.61%
- 1M
- -1.64%
- YTD
- 2.13%
- 6M
- 2.33%
- 1Y
- 25.55%
- 3Y*
- 19.52%
- 5Y*
- 14.60%
- 10Y*
- 11.59%
GRMN
- 1D
- -0.57%
- 1M
- -2.02%
- YTD
- 16.41%
- 6M
- 17.82%
- 1Y
- 15.26%
- 3Y*
- 33.20%
- 5Y*
- 13.00%
- 10Y*
- 21.88%
GD vs. GRMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GD General Dynamics Corporation | 2.13% | 30.39% | 3.52% | 7.13% | 21.69% | 43.77% | -13.14% | 14.80% | -21.34% | 19.85% |
GRMN Garmin Ltd. | 16.41% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
Correlation
The correlation between GD and GRMN is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2000 | 0.34 |
Fundamentals
GD:
$93.43B
GRMN:
$45.53B
GD:
$15.92
GRMN:
$8.97
GD:
21.41
GRMN:
26.23
GD:
2.71
GRMN:
2.11
GD:
1.73
GRMN:
6.10
GD:
3.58
GRMN:
4.91
GD:
$53.81B
GRMN:
$7.46B
GD:
$7.48B
GRMN:
$4.41B
GD:
$6.26B
GRMN:
$2.26B
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Return for Risk
GD vs. GRMN — Risk / Return Rank
GD
GRMN
GD vs. GRMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for General Dynamics Corporation (GD) 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.
| GD | GRMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.12 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 0.55 | +1.22 |
| Martin ratioReturn relative to average drawdown | 6.11 | 1.20 | +4.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GD | GRMN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 0.51 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.43 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.78 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.45 | +0.12 |
Drawdowns
GD vs. GRMN - Drawdown Comparison
The maximum GD drawdown since its inception was -75.67%, smaller than the maximum GRMN drawdown of -87.71%. Use the drawdown chart below to compare losses from any high point for GD and GRMN.
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Drawdown Indicators
| GD | GRMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.67% | -87.71% | +12.04% |
Max Drawdown (1Y)Largest decline over 1 year | -14.53% | -27.97% | +13.44% |
Max Drawdown (3Y)Largest decline over 3 years | -22.55% | -27.97% | +5.42% |
Max Drawdown (5Y)Largest decline over 5 years | -22.55% | -54.63% | +32.08% |
Max Drawdown (10Y)Largest decline over 10 years | -51.63% | -54.63% | +3.00% |
Current DrawdownCurrent decline from peak | -6.79% | -12.07% | +5.28% |
Average DrawdownAverage peak-to-trough decline | -15.61% | -31.53% | +15.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 12.71% | -8.52% |
Volatility
GD vs. GRMN - Volatility Comparison
The current volatility for General Dynamics Corporation (GD) is 5.72%, while Garmin Ltd. (GRMN) has a volatility of 7.87%. This indicates that GD 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
| GD | GRMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.72% | 7.87% | -2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 17.14% | 22.18% | -5.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.02% | 30.12% | -9.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.40% | 30.38% | -9.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.71% | 28.34% | -5.63% |
Dividends
GD vs. GRMN - Dividend Comparison
GD's dividend yield for the trailing twelve months is around 1.79%, more than GRMN's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GD General Dynamics Corporation | 1.79% | 1.76% | 2.12% | 2.01% | 2.00% | 2.24% | 2.90% | 2.26% | 2.31% | 1.61% | 1.72% | 1.96% |
GRMN Garmin Ltd. | 1.53% | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% |
Financials
GD vs. GRMN - Financials Comparison
This section allows you to compare key financial metrics between General Dynamics Corporation 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
GD vs. GRMN - Profitability Comparison
GD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, General Dynamics Corporation reported a gross profit of 1.42B and revenue of 13.48B. Therefore, the gross margin over that period was 10.5%.
GRMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Garmin Ltd. reported a gross profit of 1.04B and revenue of 1.75B. Therefore, the gross margin over that period was 59.4%.
GD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, General Dynamics Corporation reported an operating income of 1.42B and revenue of 13.48B, resulting in an operating margin of 10.5%.
GRMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Garmin Ltd. reported an operating income of 431.67M and revenue of 1.75B, resulting in an operating margin of 24.6%.
GD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, General Dynamics Corporation reported a net income of 1.13B and revenue of 13.48B, resulting in a net margin of 8.4%.
GRMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Garmin Ltd. reported a net income of 405.08M and revenue of 1.75B, resulting in a net margin of 23.1%.
Frequently Asked Questions
GD and GRMN have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRMN has higher volatility (7.87%) compared to GD (5.72%). In terms of maximum drawdown, GD dropped -75.67% vs GRMN's -87.71%.
GD currently has the higher Sharpe Ratio (1.22 vs 0.51), 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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