GRND vs. QQQ

In the year-to-date period, GRND achieves a -10.27% return, which is significantly lower than QQQ's -4.65% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Grindr Inc (GRND) and Invesco QQQ ETF (QQQ). 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.

The current GRND Sharpe Ratio is -0.75, which is lower than the QQQ Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of GRND and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The correlation between GRND and QQQ is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

GRND has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.48%.

The maximum GRND drawdown since its inception was -87.26%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for GRND and QQQ.

Grindr Inc (GRND) has a higher volatility of 9.32% compared to Invesco QQQ ETF (QQQ) at 6.38%. This indicates that GRND's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.