GDYN vs. BBAI

Last updated Jun 3, 2026

GDYN (Grid Dynamics Holdings, Inc.) and BBAI (BigBear.ai Holdings, Inc.) are both stocks. Both operate in the Information Technology Services industry within the Technology sector. Over the past 3 years, GDYN returned -8.56%/yr vs 36.26%/yr for BBAI. At a 0.20 correlation, their price movements are largely independent.

Performance

GDYN vs. BBAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grid Dynamics Holdings, Inc. (GDYN) and BigBear.ai Holdings, Inc. (BBAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDYN achieves a -16.94% return, which is significantly lower than BBAI's -5.37% return.

GDYN

• 1D: -4.58%
• 1M: 29.09%
• YTD: -16.94%
• 6M: -14.19%
• 1Y: -37.50%
• 3Y*: -8.56%
• 5Y*: -13.37%
• 10Y*: —

BBAI

• 1D: -4.31%
• 1M: 23.43%
• YTD: -5.37%
• 6M: -11.74%
• 1Y: 29.37%
• 3Y*: 36.26%
• 5Y*: —
• 10Y*: —

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

GDYN vs. BBAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GDYN Grid Dynamics Holdings, Inc.	-16.94%	-59.40%	66.84%	18.81%	-70.45%	1.33%
BBAI BigBear.ai Holdings, Inc.	-5.37%	21.35%	107.94%	217.65%	-88.10%	-35.09%

Correlation

The correlation between GDYN and BBAI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (All Time) Calculated using the full available price history since Dec 20, 2021	0.20

Fundamentals

Market Cap GDYN : $635.10M BBAI : $24.17B
EPS GDYN : $0.06 BBAI : -$0.13
PS Ratio GDYN : 1.55 BBAI : 91.16
PB Ratio GDYN : 1.20 BBAI : 30.58
Total Revenue (TTM) GDYN : $415.51M BBAI : $127.35M
Gross Profit (TTM) GDYN : $141.58M BBAI : $32.81M
EBITDA (TTM) GDYN : $14.03M BBAI : -$230.18M

Return for Risk

GDYN vs. BBAI — Risk / Return Rank

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

GDYN

GDYN Risk / Return Rank: 14
GDYN Sharpe Ratio Rank: 12
GDYN Sortino Ratio Rank: 14
GDYN Omega Ratio Rank: 14
GDYN Calmar Ratio Rank: 14
GDYN Martin Ratio Rank: 17

BBAI

BBAI Risk / Return Rank: 52
BBAI Sharpe Ratio Rank: 51
BBAI Sortino Ratio Rank: 59
BBAI Omega Ratio Rank: 54
BBAI Calmar Ratio Rank: 49
BBAI Martin Ratio Rank: 46

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.

GDYN vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grid Dynamics Holdings, Inc. (GDYN) and BigBear.ai Holdings, Inc. (BBAI). 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.

	GDYN	BBAI	Difference
Sharpe ratio Return per unit of total volatility	-0.66	0.30	-0.96
Sortino ratio Return per unit of downside risk	-0.79	1.27	-2.06
Omega ratio Gain probability vs. loss probability	0.90	1.13	-0.23
Calmar ratio Return relative to maximum drawdown	-0.70	0.35	-1.05
Martin ratio Return relative to average drawdown	-1.10	0.60	-1.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GDYN vs. BBAI - Sharpe Ratio Comparison

The current GDYN Sharpe Ratio is -0.66, which is lower than the BBAI Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of GDYN and BBAI, 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

	GDYN	BBAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.66	0.30	-0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	-0.07	+0.01

Drawdowns

GDYN vs. BBAI - Drawdown Comparison

The maximum GDYN drawdown since its inception was -87.45%, smaller than the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for GDYN and BBAI.

Drawdown Indicators

	GDYN	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-87.45%	-95.01%	+7.56%
Max Drawdown (1Y) Largest decline over 1 year	-57.38%	-65.88%	+8.50%
Max Drawdown (3Y) Largest decline over 3 years	-78.05%	-75.56%	-2.49%
Max Drawdown (5Y) Largest decline over 5 years	-87.45%	—	—
Current Drawdown Current decline from peak	-82.18%	-59.73%	-22.45%
Average Drawdown Average peak-to-trough decline	-45.01%	-70.89%	+25.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.40%	38.23%	-1.83%

Volatility

GDYN vs. BBAI - Volatility Comparison

Grid Dynamics Holdings, Inc. (GDYN) and BigBear.ai Holdings, Inc. (BBAI) have volatilities of 20.42% and 20.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDYN	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.42%	20.75%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	40.24%	57.00%	-16.76%
Volatility (1Y) Calculated over the trailing 1-year period	57.35%	97.63%	-40.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.92%	175.10%	-112.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.51%	175.10%	-118.59%

Dividends

GDYN vs. BBAI - Dividend Comparison

Neither GDYN nor BBAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both GDYN and BBAI in my portfolio?

GDYN and BBAI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GDYN or BBAI?

BBAI has higher volatility (20.75%) compared to GDYN (20.42%). In terms of maximum drawdown, GDYN dropped -87.45% vs BBAI's -95.01%.

Which has better risk-adjusted returns?

BBAI currently has the higher Sharpe Ratio (0.30 vs -0.66), 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.