GWW vs. GRMN
GWW (W.W. Grainger, Inc.) and GRMN (Garmin Ltd.) are both stocks. GWW operates in Industrial Distribution (Industrials), while GRMN operates in Scientific & Technical Instruments (Technology). Over the past 10 years, GWW returned 21.17%/yr vs 21.88%/yr for GRMN. At a 0.39 correlation, their price movements are largely independent.
Performance
GWW vs. GRMN - Performance Comparison
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Returns By Period
In the year-to-date period, GWW achieves a 29.79% return, which is significantly higher than GRMN's 16.41% return. Both investments have delivered pretty close results over the past 10 years, with GWW having a 21.17% annualized return and GRMN not far ahead at 21.88%.
GWW
- 1D
- 0.35%
- 1M
- 5.96%
- YTD
- 29.79%
- 6M
- 36.56%
- 1Y
- 20.24%
- 3Y*
- 23.74%
- 5Y*
- 24.53%
- 10Y*
- 21.17%
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%
GWW vs. GRMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GWW W.W. Grainger, Inc. | 29.79% | -3.41% | 28.21% | 50.53% | 8.75% | 28.80% | 22.85% | 22.25% | 21.69% | 4.35% |
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 GWW and GRMN is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2000 | 0.39 |
Fundamentals
GWW:
$61.84B
GRMN:
$45.53B
GWW:
$37.26
GRMN:
$8.97
GWW:
35.01
GRMN:
26.23
GWW:
2.02
GRMN:
2.11
GWW:
3.39
GRMN:
6.10
GWW:
15.73
GRMN:
4.91
GWW:
$18.38B
GRMN:
$7.46B
GWW:
$7.20B
GRMN:
$4.41B
GWW:
$2.82B
GRMN:
$2.26B
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Return for Risk
GWW vs. GRMN — Risk / Return Rank
GWW
GRMN
GWW vs. GRMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for W.W. Grainger, Inc. (GWW) 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.
| GWW | GRMN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.12 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 0.55 | +0.81 |
| Martin ratioReturn relative to average drawdown | 2.60 | 1.20 | +1.40 |
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
| GWW | GRMN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.51 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.43 | +0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.78 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.45 | +0.11 |
Drawdowns
GWW vs. GRMN - Drawdown Comparison
The maximum GWW drawdown since its inception was -56.73%, smaller than the maximum GRMN drawdown of -87.71%. Use the drawdown chart below to compare losses from any high point for GWW and GRMN.
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Drawdown Indicators
| GWW | GRMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.73% | -87.71% | +30.98% |
Max Drawdown (1Y)Largest decline over 1 year | -15.00% | -27.97% | +12.97% |
Max Drawdown (3Y)Largest decline over 3 years | -24.50% | -27.97% | +3.47% |
Max Drawdown (5Y)Largest decline over 5 years | -24.50% | -54.63% | +30.13% |
Max Drawdown (10Y)Largest decline over 10 years | -41.60% | -54.63% | +13.03% |
Current DrawdownCurrent decline from peak | 0.00% | -12.07% | +12.07% |
Average DrawdownAverage peak-to-trough decline | -11.01% | -31.53% | +20.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.29% | 12.71% | -4.42% |
Volatility
GWW vs. GRMN - Volatility Comparison
The current volatility for W.W. Grainger, Inc. (GWW) is 4.56%, while Garmin Ltd. (GRMN) has a volatility of 7.87%. This indicates that GWW 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
| GWW | GRMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 7.87% | -3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 18.19% | 22.18% | -3.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.80% | 30.12% | -5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.67% | 30.38% | -5.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.54% | 28.34% | +0.20% |
Dividends
GWW vs. GRMN - Dividend Comparison
GWW's dividend yield for the trailing twelve months is around 0.71%, less than GRMN's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
GWW W.W. Grainger, Inc. | 0.71% | 0.88% | 0.76% | 0.88% | 1.22% | 1.23% | 1.45% | 1.68% | 1.90% | 2.14% | 2.08% | 2.27% |
Financials
GWW vs. GRMN - Financials Comparison
This section allows you to compare key financial metrics between W.W. Grainger, 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
GWW vs. GRMN - Profitability Comparison
GWW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, W.W. Grainger, Inc. reported a gross profit of 1.90B and revenue of 4.74B. Therefore, the gross margin over that period was 40.0%.
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%.
GWW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, W.W. Grainger, Inc. reported an operating income of 793.00M and revenue of 4.74B, resulting in an operating margin of 16.7%.
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%.
GWW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, W.W. Grainger, Inc. reported a net income of 555.00M and revenue of 4.74B, resulting in a net margin of 11.7%.
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
GWW and GRMN have a correlation of 0.36, 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 GWW (4.56%). In terms of maximum drawdown, GWW dropped -56.73% vs GRMN's -87.71%.
GWW currently has the higher Sharpe Ratio (0.82 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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