GRMN vs. TREX
GRMN (Garmin Ltd.) and TREX (Trex Company, Inc.) are both stocks. GRMN operates in Scientific & Technical Instruments (Technology), while TREX operates in Building Products & Equipment (Industrials). Over the past 10 years, GRMN returned 22.02%/yr vs 16.02%/yr for TREX. At a 0.35 correlation, their price movements are largely independent.
Performance
GRMN vs. TREX - Performance Comparison
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Returns By Period
In the year-to-date period, GRMN achieves a 17.83% return, which is significantly lower than TREX's 30.07% return. Over the past 10 years, GRMN has outperformed TREX with an annualized return of 22.02%, while TREX has yielded a comparatively lower 16.02% annualized return.
GRMN
- 1D
- -0.20%
- 1M
- 2.62%
- YTD
- 17.83%
- 6M
- 14.71%
- 1Y
- 16.14%
- 3Y*
- 32.81%
- 5Y*
- 12.86%
- 10Y*
- 22.02%
TREX
- 1D
- -1.53%
- 1M
- 20.14%
- YTD
- 30.07%
- 6M
- 30.07%
- 1Y
- -20.07%
- 3Y*
- -8.67%
- 5Y*
- -14.60%
- 10Y*
- 16.02%
GRMN vs. TREX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRMN Garmin Ltd. | 17.83% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
TREX Trex Company, Inc. | 30.07% | -49.18% | -16.62% | 95.58% | -68.65% | 61.29% | 86.29% | 51.42% | 9.53% | 68.31% |
Correlation
The correlation between GRMN and TREX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2000 | 0.35 |
The correlation between GRMN and TREX shifts across timeframes, from 0.35 (all time) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GRMN:
$46.09B
TREX:
$4.80B
GRMN:
$8.97
TREX:
$1.80
GRMN:
26.55
TREX:
25.41
GRMN:
2.13
TREX:
69.84
GRMN:
6.18
TREX:
4.13
GRMN:
4.97
TREX:
4.82
GRMN:
$7.46B
TREX:
$1.18B
GRMN:
$4.41B
TREX:
$461.26M
GRMN:
$2.26B
TREX:
$308.51M
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Return for Risk
GRMN vs. TREX — Risk / Return Rank
GRMN
TREX
GRMN vs. TREX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Garmin Ltd. (GRMN) and Trex Company, Inc. (TREX). 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 | TREX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.93 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.97 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | -0.36 | +0.94 |
| Martin ratioReturn relative to average drawdown | 1.27 | -0.57 | +1.83 |
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Drawdowns
GRMN vs. TREX - Drawdown Comparison
The maximum GRMN drawdown since its inception was -87.71%, roughly equal to the maximum TREX drawdown of -90.53%. Use the drawdown chart below to compare losses from any high point for GRMN and TREX.
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Drawdown Indicators
| GRMN | TREX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.71% | -90.53% | +2.82% |
Max Drawdown (1Y)Largest decline over 1 year | -27.97% | -56.01% | +28.04% |
Max Drawdown (3Y)Largest decline over 3 years | -27.97% | -69.90% | +41.93% |
Max Drawdown (5Y)Largest decline over 5 years | -54.63% | -78.58% | +23.95% |
Max Drawdown (10Y)Largest decline over 10 years | -54.63% | -78.58% | +23.95% |
Current DrawdownCurrent decline from peak | -11.00% | -67.56% | +56.56% |
Average DrawdownAverage peak-to-trough decline | -31.54% | -38.76% | +7.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.79% | 35.58% | -22.79% |
Volatility
GRMN vs. TREX - Volatility Comparison
The current volatility for Garmin Ltd. (GRMN) is 8.24%, while Trex Company, Inc. (TREX) has a volatility of 15.84%. This indicates that GRMN experiences smaller price fluctuations and is considered to be less risky than TREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRMN | TREX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.24% | 15.84% | -7.60% |
Volatility (6M)Calculated over the trailing 6-month period | 22.18% | 28.22% | -6.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.32% | 51.26% | -20.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.41% | 47.34% | -16.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.36% | 46.46% | -18.10% |
Dividends
GRMN vs. TREX - Dividend Comparison
GRMN's dividend yield for the trailing twelve months is around 1.51%, while TREX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRMN Garmin Ltd. | 1.51% | 1.70% | 1.44% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% |
TREX Trex Company, 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% |
Financials
GRMN vs. TREX - Financials Comparison
This section allows you to compare key financial metrics between Garmin Ltd. and Trex Company, Inc.. 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. TREX - Profitability Comparison
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%.
TREX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trex Company, Inc. reported a gross profit of 139.02M and revenue of 343.40M. Therefore, the gross margin over that period was 40.5%.
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%.
TREX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trex Company, Inc. reported an operating income of 83.51M and revenue of 343.40M, resulting in an operating margin of 24.3%.
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%.
TREX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trex Company, Inc. reported a net income of 61.40M and revenue of 343.40M, resulting in a net margin of 17.9%.
Frequently Asked Questions
GRMN and TREX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TREX has higher volatility (15.84%) compared to GRMN (8.24%). In terms of maximum drawdown, GRMN dropped -87.71% vs TREX's -90.53%.
GRMN currently has the higher Sharpe Ratio (0.53 vs -0.39), 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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