GRMN correlations (Garmin)
GRMN measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Consumer Discretionary · Consumer Electronics
Volatility (ann.)
34.7%
3y weekly
Beta vs S&P 500
1.06
3y weekly
1-year return
+25.1%
price, adjusted
5-year return
+80.9%
price, adjusted
Market cap
$55.9B
latest
P/E ratio
29.9
trailing
Dividend yield
1.45%
trailing
Max drawdown
-28.0%
3y, daily closes
GRMN over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with GRMN
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| ITRI | Itron, Inc. | 0.59 | |
| AXTA | Axalta Coating Systems Ltd. | 0.57 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.52 | |
| CET | Central Securities Corporation | 0.52 | |
| GEHC | GE HealthCare | 0.50 | |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.50 | |
| BLK | BlackRock | 0.49 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.49 | |
| NGVT | Ingevity Corporation | 0.49 | |
| EVT | Eaton Vance Tax Advantaged Dividend Income Fund | 0.49 | |
| CTS | CTS Corporation | 0.49 | |
| IEFA | iShares Core MSCI EAFE ETF | 0.49 | |
| EFA | iShares MSCI EAFE ETF | 0.49 | |
| EXG | Eaton Vance Tax-Managed Global Diversified Equity Income | 0.49 | |
| VT | Vanguard Total World Stock ETF | 0.48 |
Best diversifiers for GRMN
If the goal is offsetting GRMN, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.42 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.38 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.29 | |
| DGZ | DB Gold Short ETN due February 15, 2038 | -0.19 | |
| USO | United States Oil Fund | -0.18 | |
| ANNA | AleAnna, Inc. | -0.17 | |
| NRT | North European Oil Royality Trust | -0.16 | |
| BRN | Barnwell Industries, Inc. | -0.16 | |
| TCRT | Alaunos Therapeutics, Inc. | -0.15 | |
| JDZG | JIADE LIMITED - Class A | -0.15 |
GRMN vs benchmarks
GRMN vs its peers
Get GRMN data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/grmn.jsonCorrelations, diversifiers, beta and volatility for GRMN, plus one endpoint per pair. API documentation.
GRMN inside major ETFs
| ETF | GRMN weight | |
|---|---|---|
| XLY | Consumer Discretionary Select Sector SPDR Fund | 1.18% |
| QUAL | iShares MSCI USA Quality Factor ETF | 0.88% |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.23% |
| VYM | Vanguard High Dividend Yield ETF | 0.2% |
| VTV | Vanguard Value ETF | 0.18% |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.16% |
| DGRO | iShares Core Dividend Growth ETF | 0.15% |
| IVV | iShares Core S&P 500 ETF | 0.07% |
| SPY | SPDR S&P 500 ETF Trust | 0.07% |
| VOO | Vanguard S&P 500 ETF | 0.07% |
