TREX vs. GRMN
TREX (Trex Company, Inc.) and GRMN (Garmin Ltd.) are both stocks. TREX operates in Building Products & Equipment (Industrials), while GRMN operates in Scientific & Technical Instruments (Technology). Over the past 10 years, TREX returned 16.02%/yr vs 22.02%/yr for GRMN. At a 0.35 correlation, their price movements are largely independent.
Performance
TREX vs. GRMN - Performance Comparison
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Returns By Period
In the year-to-date period, TREX achieves a 30.07% return, which is significantly higher than GRMN's 17.83% return. Over the past 10 years, TREX has underperformed GRMN with an annualized return of 16.02%, while GRMN has yielded a comparatively higher 22.02% annualized return.
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
- 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 vs. GRMN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TREX Trex Company, Inc. | 30.07% | -49.18% | -16.62% | 95.58% | -68.65% | 61.29% | 86.29% | 51.42% | 9.53% | 68.31% |
GRMN Garmin Ltd. | 17.83% | -0.06% | 63.25% | 43.12% | -30.20% | 15.90% | 25.86% | 58.13% | 9.84% | 27.60% |
Correlation
The correlation between TREX and GRMN 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 TREX and GRMN shifts across timeframes, from 0.35 (all time) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TREX:
$4.80B
GRMN:
$46.09B
TREX:
$1.80
GRMN:
$8.97
TREX:
25.41
GRMN:
26.55
TREX:
69.84
GRMN:
2.13
TREX:
4.13
GRMN:
6.18
TREX:
4.82
GRMN:
4.97
TREX:
$1.18B
GRMN:
$7.46B
TREX:
$461.26M
GRMN:
$4.41B
TREX:
$308.51M
GRMN:
$2.26B
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Return for Risk
TREX vs. GRMN — Risk / Return Rank
TREX
GRMN
TREX vs. GRMN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trex Company, Inc. (TREX) 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.
| TREX | GRMN | 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 | 0.97 | 1.12 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | 0.58 | -0.94 |
| Martin ratioReturn relative to average drawdown | -0.57 | 1.27 | -1.83 |
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Drawdowns
TREX vs. GRMN - Drawdown Comparison
The maximum TREX drawdown since its inception was -90.53%, roughly equal to the maximum GRMN drawdown of -87.71%. Use the drawdown chart below to compare losses from any high point for TREX and GRMN.
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Drawdown Indicators
| TREX | GRMN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.53% | -87.71% | -2.82% |
Max Drawdown (1Y)Largest decline over 1 year | -56.01% | -27.97% | -28.04% |
Max Drawdown (3Y)Largest decline over 3 years | -69.90% | -27.97% | -41.93% |
Max Drawdown (5Y)Largest decline over 5 years | -78.58% | -54.63% | -23.95% |
Max Drawdown (10Y)Largest decline over 10 years | -78.58% | -54.63% | -23.95% |
Current DrawdownCurrent decline from peak | -67.56% | -11.00% | -56.56% |
Average DrawdownAverage peak-to-trough decline | -38.76% | -31.54% | -7.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.58% | 12.79% | +22.79% |
Volatility
TREX vs. GRMN - Volatility Comparison
Trex Company, Inc. (TREX) has a higher volatility of 15.84% compared to Garmin Ltd. (GRMN) at 8.24%. This indicates that TREX's price experiences larger fluctuations and is considered to be riskier 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
| TREX | GRMN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.84% | 8.24% | +7.60% |
Volatility (6M)Calculated over the trailing 6-month period | 28.22% | 22.18% | +6.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.26% | 30.32% | +20.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.34% | 30.41% | +16.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.46% | 28.36% | +18.10% |
Dividends
TREX vs. GRMN - Dividend Comparison
TREX has not paid dividends to shareholders, while GRMN's dividend yield for the trailing twelve months is around 1.51%.
| 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
TREX vs. GRMN - Financials Comparison
This section allows you to compare key financial metrics between Trex Company, 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
TREX vs. GRMN - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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
TREX and GRMN 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, TREX dropped -90.53% vs GRMN's -87.71%.
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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