CPRX vs. GRID

Last updated Jun 4, 2026

CPRX (Catalyst Pharmaceuticals, Inc.) is a stock, while GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index) is Alternative Energy Equities fund tracking the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index. Over the past 10 years, CPRX returned 48.24%/yr vs 19.76%/yr for GRID. At a 0.24 correlation, their price movements are largely independent.

Performance

CPRX vs. GRID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catalyst Pharmaceuticals, Inc. (CPRX) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CPRX achieves a 34.02% return, which is significantly higher than GRID's 28.91% return. Over the past 10 years, CPRX has outperformed GRID with an annualized return of 48.24%, while GRID has yielded a comparatively lower 19.76% annualized return.

CPRX

• 1D: 0.03%
• 1M: 8.09%
• YTD: 34.02%
• 6M: 35.41%
• 1Y: 25.57%
• 3Y*: 39.39%
• 5Y*: 41.68%
• 10Y*: 48.24%

GRID

• 1D: -0.17%
• 1M: 3.85%
• YTD: 28.91%
• 6M: 29.60%
• 1Y: 51.55%
• 3Y*: 26.27%
• 5Y*: 17.84%
• 10Y*: 19.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CPRX vs. GRID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CPRX Catalyst Pharmaceuticals, Inc.	34.02%	11.84%	24.15%	-9.62%	174.74%	102.69%	-10.93%	95.31%	-50.90%	272.38%
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index	28.91%	29.65%	15.18%	21.57%	-13.89%	27.65%	48.84%	42.80%	-22.69%	27.44%

Correlation

The correlation between CPRX and GRID is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Nov 18, 2009	0.24

The correlation between CPRX and GRID shifts across timeframes, from 0.24 (all time) to 0.36 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CPRX vs. GRID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CPRX

CPRX Risk / Return Rank: 60
CPRX Sharpe Ratio Rank: 65
CPRX Sortino Ratio Rank: 59
CPRX Omega Ratio Rank: 59
CPRX Calmar Ratio Rank: 60
CPRX Martin Ratio Rank: 57

GRID

GRID Risk / Return Rank: 79
GRID Sharpe Ratio Rank: 81
GRID Sortino Ratio Rank: 76
GRID Omega Ratio Rank: 74
GRID Calmar Ratio Rank: 82
GRID Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CPRX vs. GRID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catalyst Pharmaceuticals, Inc. (CPRX) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID). 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.

	CPRX	GRID	Difference
Sharpe ratio: Return per unit of total volatility	0.76	2.67	-1.91
Sortino ratio: Return per unit of downside risk	1.25	3.50	-2.25
Omega ratio: Gain probability vs. loss probability	1.16	1.45	-0.29
Calmar ratio: Return relative to maximum drawdown	0.94	4.42	-3.48
Martin ratio: Return relative to average drawdown	1.71	16.72	-15.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CPRX vs. GRID - Sharpe Ratio Comparison

The current CPRX Sharpe Ratio is 0.76, which is lower than the GRID Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of CPRX and GRID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CPRX	GRID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	2.67	-1.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.85	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.87	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.57	-0.48

Drawdowns

CPRX vs. GRID - Drawdown Comparison

The maximum CPRX drawdown since its inception was -94.25%, which is greater than GRID's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for CPRX and GRID.

Drawdown Indicators

	CPRX	GRID	Difference
Max Drawdown Largest peak-to-trough decline	-94.25%	-40.56%	-53.69%
Max Drawdown (1Y) Largest decline over 1 year	-27.29%	-11.73%	-15.56%
Max Drawdown (3Y) Largest decline over 3 years	-27.29%	-20.77%	-6.52%
Max Drawdown (5Y) Largest decline over 5 years	-45.37%	-29.64%	-15.73%
Max Drawdown (10Y) Largest decline over 10 years	-64.87%	-40.56%	-24.31%
Current Drawdown Current decline from peak	-0.16%	-1.33%	+1.17%
Average Drawdown Average peak-to-trough decline	-52.05%	-8.43%	-43.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.95%	3.09%	+11.86%

Volatility

CPRX vs. GRID - Volatility Comparison

The current volatility for Catalyst Pharmaceuticals, Inc. (CPRX) is 6.81%, while First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) has a volatility of 7.95%. This indicates that CPRX experiences smaller price fluctuations and is considered to be less risky than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CPRX	GRID	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.81%	7.95%	-1.14%
Volatility (6M) Calculated over the trailing 6-month period	23.58%	16.08%	+7.50%
Volatility (1Y) Calculated over the trailing 1-year period	33.60%	19.39%	+14.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.86%	21.00%	+26.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.61%	22.81%	+37.80%

Dividends

CPRX vs. GRID - Dividend Comparison

CPRX has not paid dividends to shareholders, while GRID's dividend yield for the trailing twelve months is around 0.77%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CPRX Catalyst Pharmaceuticals, 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%
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index	0.77%	1.01%	1.06%	1.23%	1.26%	0.63%	0.68%	1.26%	1.28%	1.07%	1.07%	1.23%

Frequently Asked Questions

Can I hold both CPRX and GRID in my portfolio?

CPRX and GRID have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CPRX or GRID?

GRID has higher volatility (7.95%) compared to CPRX (6.81%). In terms of maximum drawdown, CPRX dropped -94.25% vs GRID's -40.56%.

Which has better risk-adjusted returns?

GRID currently has the higher Sharpe Ratio (2.67 vs 0.76), 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.