Garmin Ltd. (GRMN) vs State Street SPDR S&P 500 ETF (SPY)

Over the past 10 years, GRMN outperformed SPY — 22.27% vs 15.34% annualized total return (price plus dividends).

A side-by-side comparison of Garmin Ltd. and State Street SPDR S&P 500 ETF across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 27, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnGRMN vs SPY

growth of $100 · dividends reinvested · last 10y
GRMN +663.4% (+22.5%/yr)SPY +311.7% (+15.2%/yr)GRMN compounded faster over this window
200400600800Start $10020182020202220242026$763$412
GRMN SPY

Metrics side by side

Did GRMN beat SPY?

Over the past 10 years, GRMN outperformed SPY — 22.27% vs 15.34% annualized total return (price plus dividends).

Total return (annualized)

MetricGRMNSPY
Total return (1Y)26.32%20.58%
Total return CAGR (3Y)43.40%22.03%
Total return CAGR (5Y)13.23%12.88%
Total return CAGR (10Y)22.27%15.34%

SPY is an index fund, so valuation, profitability, and per-company growth metrics don't apply — the head-to-head here is total return (price plus reinvested dividends).

Frequently asked

Has GRMN beaten SPY?
Over the past 10 years, GRMN outperformed SPY — 22.27% vs 15.34% annualized total return (price plus dividends).

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 27, 2026.