GRMN vs CVE
Comparison between Garmin Ltd (GRMN, Company) and Cenovus Energy Inc (CVE, Company).
GRMN is from the Technology sector, while CVE is from the Energy sector.
5-Year PerformanceCVE has outperformed GRMN, delivering a return of +23.6% compared to +12.4%
GRMN vs CVE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
GRMN vs CVE - Historical Returns
Returns include dividend reinvestment.
GRMN vs CVE - Annual Returns (2000 - 2026)
Returns include dividend reinvestment.
| Year | GRMN | CVE |
|---|---|---|
| 2026 | +15.80% | +43.19% |
| 2025 | +0.77% | +14.53% |
| 2024 | +65.84% | -5.45% |
| 2023 | +41.13% | -6.75% |
| 2022 | -28.81% | +56.46% |
| 2021 | +16.75% | +100.10% |
| 2020 | +24.79% | -39.41% |
| 2019 | +60.15% | +42.28% |
| 2018 | +9.89% | -26.42% |
| 2017 | +25.77% | -38.78% |
| 2016 | +37.97% | +23.43% |
| 2015 | -25.72% | -35.68% |
| 2014 | +21.67% | -23.99% |
| 2013 | +16.24% | -13.39% |
| 2012 | +9.09% | -0.11% |
| 2011 | +39.94% | +1.74% |
| 2010 | +0.27% | +28.53% |
| 2009 | +44.43% | +1.62% |
| 2008 | -78.27% | N/A |
| 2007 | +75.54% | N/A |
| 2006 | +66.91% | N/A |
| 2005 | +13.62% | N/A |
| 2004 | +14.29% | N/A |
| 2003 | +83.34% | N/A |
| 2002 | +37.88% | N/A |
| 2001 | +10.75% | N/A |
| 2000 | -1.25% | N/A |
GRMN vs CVE Drawdown Comparison
The maximum drawdown for GRMN was -87.71%, occurring on Nov 20, 2008. Recovery took 2846 trading sessions.
The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.
The current GRMN drawdown is -12.70%. The current CVE drawdown is -21.56%.
| Rank | GRMN | CVE |
|---|---|---|
| #1 | -87.71% Oct 29, 2007 - Feb 20, 2019 | -94.85% Jul 22, 2011 - Apr 29, 2026 |
| #2 | -54.62% Aug 30, 2021 - May 6, 2024 | -21.94% May 19, 2026 - Jun 25, 2026 |
| #3 | -51.02% Jan 8, 2004 - Nov 26, 2004 | -18.93% Apr 14, 2010 - Oct 13, 2010 |
| #4 | -42.70% Feb 8, 2001 - Dec 2, 2002 | -16.58% Apr 8, 2011 - Jul 22, 2011 |
| #5 | -38.17% Feb 19, 2020 - Aug 5, 2020 | -12.97% Jan 4, 2010 - Apr 1, 2010 |
| #6 | -36.29% Dec 28, 2004 - Sep 9, 2005 | -10.99% Mar 2, 2011 - Apr 1, 2011 |
| #7 | -27.98% Feb 19, 2025 - Aug 28, 2025 | -9.62% Nov 27, 2009 - Jan 4, 2010 |
| #8 | -27.97% Oct 8, 2025 - Apr 13, 2026 | -7.42% Oct 13, 2010 - Nov 11, 2010 |
| #9 | -27.88% Jun 6, 2003 - Oct 29, 2003 | -6.73% May 5, 2026 - May 15, 2026 |
| #10 | -22.40% Oct 3, 2005 - Feb 27, 2006 | -6.40% Nov 11, 2010 - Dec 2, 2010 |
| #11 | -21.56% Jun 29, 2006 - Oct 26, 2006 | -5.81% Jan 4, 2011 - Jan 31, 2011 |
| #12 | -20.32% Sep 27, 2007 - Oct 24, 2007 | -3.73% Dec 6, 2010 - Dec 21, 2010 |
| #13 | -19.77% Dec 11, 2000 - Feb 2, 2001 | -3.53% Apr 5, 2010 - Apr 9, 2010 |
| #14 | -18.02% Oct 26, 2006 - Dec 15, 2006 | -2.66% Apr 1, 2011 - Apr 8, 2011 |
| #15 | -15.61% Apr 20, 2026 - May 15, 2026 | -1.50% Jan 31, 2011 - Feb 10, 2011 |
Correlation
Correlation between GRMN and CVE is -0.07 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (2003 - 2026)
GRMN vs CVE dividend yield comparison.
| Year | GRMN | CVE |
|---|---|---|
| 2026 | 0.84% | 1.23% |
| 2025 | 1.70% | 3.32% |
| 2024 | 1.44% | 3.92% |
| 2023 | 2.27% | 2.33% |
| 2022 | 3.10% | 1.81% |
| 2021 | 1.92% | 0.56% |
| 2020 | 2.01% | 0.75% |
| 2019 | 2.30% | 1.58% |
| 2018 | 3.32% | 2.34% |
| 2017 | 3.42% | 2.19% |
| 2016 | 4.21% | 1.32% |
| 2015 | 5.41% | 6.75% |
| 2014 | 3.58% | 5.16% |
| 2013 | 4.87% | 3.38% |
| 2012 | 6.26% | 2.62% |
| 2011 | 8.04% | 2.41% |
| 2010 | 4.84% | 2.41% |
| 2009 | 2.44% | 0.79% |
| 2008 | 3.91% | 0.00% |
| 2007 | 0.77% | 0.00% |
| 2006 | 0.90% | 0.00% |
| 2005 | 0.75% | 0.00% |
| 2004 | 0.82% | 0.00% |
| 2003 | 0.92% | 0.00% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks