GRMN vs. JNJ
GRMN (Garmin Ltd.) and JNJ (Johnson & Johnson) are both stocks. GRMN operates in Scientific & Technical Instruments (Technology), while JNJ operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, GRMN returned 21.12%/yr vs 10.71%/yr for JNJ. At a 0.25 correlation, their price movements are largely independent.
Performance
GRMN vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, GRMN achieves a 20.80% return, which is significantly lower than JNJ's 28.69% return. Over the past 10 years, GRMN has outperformed JNJ with an annualized return of 21.12%, while JNJ has yielded a comparatively lower 10.71% annualized return.
GRMN
- 1D
- 1.22%
- 1M
- 1.25%
- 6M
- 18.85%
- YTD
- 20.80%
- 1Y
- 6.61%
- 3Y*
- 34.06%
- 5Y*
- 11.91%
- 10Y*
- 21.12%
- ALL TIME*
- 16.29%
JNJ
- 1D
- 1.59%
- 1M
- 9.29%
- 6M
- 20.98%
- YTD
- 28.69%
- 1Y
- 59.22%
- 3Y*
- 18.59%
- 5Y*
- 12.03%
- 10Y*
- 10.71%
- ALL TIME*
- 12.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
GRMN Garmin Ltd. | $211.14M | $200.14M | $201.29M |
| $2.16B | $2.18B | $1.96B |
GRMN vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRMN Garmin Ltd. | 20.80% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
JNJ Johnson & Johnson | 28.69% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between GRMN and JNJ is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2000 | 0.25 |
Over the past year, the correlation between GRMN and JNJ has dropped to 0.04 - well below their long-term average of 0.25, suggesting their price drivers have been diverging.
Fundamentals
GRMN:
$46.88B
JNJ:
$634.06B
GRMN:
$8.97
JNJ:
$8.63
GRMN:
27.10
JNJ:
30.53
GRMN:
2.18
JNJ:
1.02
GRMN:
6.30
JNJ:
6.56
GRMN:
5.07
JNJ:
7.56
GRMN:
$7.46B
JNJ:
$97.93B
GRMN:
$4.41B
JNJ:
$68.99B
GRMN:
$2.26B
JNJ:
$31.92B
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Return for Risk
GRMN vs. JNJ — Risk / Return Rank
GRMN
JNJ
GRMN vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Garmin Ltd. (GRMN) and Johnson & Johnson (JNJ). 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.
| GRMN | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.07 | ||
| Sortino ratioReturn per unit of downside risk | -3.99 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.56 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 5.43 | -5.19 |
| Martin ratioReturn relative to average drawdown | 0.50 | 15.17 | -14.66 |
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Drawdowns
GRMN vs. JNJ - Drawdown Comparison
The maximum GRMN drawdown since its inception was -87.71%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for GRMN and JNJ.
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Drawdown Indicators
| GRMN | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.71% | -50.67% | -37.04% |
Max Drawdown (1Y)Largest decline over 1 year | -27.97% | -10.96% | -17.01% |
Max Drawdown (3Y)Largest decline over 3 years | -27.97% | -15.95% | -12.02% |
Max Drawdown (5Y)Largest decline over 5 years | -54.63% | -18.41% | -36.22% |
Max Drawdown (10Y)Largest decline over 10 years | -54.63% | -27.37% | -27.26% |
Current DrawdownCurrent decline from peak | -8.75% | -1.44% | -7.31% |
Average DrawdownAverage peak-to-trough decline | -31.44% | -11.88% | -19.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.20% | 3.92% | +9.28% |
Volatility
GRMN vs. JNJ - Volatility Comparison
The current volatility for Garmin Ltd. (GRMN) is 7.60%, while Johnson & Johnson (JNJ) has a volatility of 8.75%. This indicates that GRMN experiences smaller price fluctuations and is considered to be less risky than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRMN | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.60% | 8.75% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 22.16% | 14.62% | +7.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.48% | 18.12% | +12.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.55% | 17.37% | +13.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.33% | 18.71% | +9.62% |
Dividends
GRMN vs. JNJ - Dividend Comparison
GRMN's dividend yield for the trailing twelve months is around 1.54%, less than JNJ's 1.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRMN Garmin Ltd. | 1.54% | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% |
JNJ Johnson & Johnson | 1.99% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
GRMN vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between Garmin Ltd. and Johnson & Johnson. 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
GRMN vs. JNJ - Profitability Comparison
GRMN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a gross profit of 18.50B and revenue of 25.31B. Therefore, the gross margin over that period was 73.1%.
GRMN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Garmin Ltd. reported an operating income of 431.67M and revenue of 1.75B, resulting in an operating margin of 24.6%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported an operating income of 7.17B and revenue of 25.31B, resulting in an operating margin of 28.3%.
GRMN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Garmin Ltd. reported a net income of 405.08M and revenue of 1.75B, resulting in a net margin of 23.1%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a net income of 5.53B and revenue of 25.31B, resulting in a net margin of 21.9%.
Frequently Asked Questions
GRMN and JNJ have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNJ has higher volatility (8.75%) compared to GRMN (7.60%). In terms of maximum drawdown, GRMN dropped -87.71% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.28 vs 0.22), 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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