GRND vs. IETC
Compare and contrast key facts about Grindr Inc (GRND) and iShares Evolved U.S. Technology ETF (IETC).
IETC is an actively managed fund by iShares. It was launched on Mar 21, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GRND or IETC.
Correlation
The correlation between GRND and IETC is 0.18, 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.
Performance
GRND vs. IETC - Performance Comparison
Key characteristics
GRND:
2.79
IETC:
1.55
GRND:
3.88
IETC:
2.06
GRND:
1.45
IETC:
1.28
GRND:
1.46
IETC:
2.73
GRND:
18.77
IETC:
9.82
GRND:
6.04%
IETC:
3.19%
GRND:
40.70%
IETC:
20.31%
GRND:
-87.26%
IETC:
-38.48%
GRND:
-50.44%
IETC:
-0.89%
Returns By Period
In the year-to-date period, GRND achieves a 1.40% return, which is significantly lower than IETC's 4.52% return.
GRND
1.40%
5.98%
49.13%
113.58%
N/A
N/A
IETC
4.52%
2.84%
17.49%
34.36%
21.13%
N/A
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Risk-Adjusted Performance
GRND vs. IETC — Risk-Adjusted Performance Rank
GRND
IETC
GRND vs. IETC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grindr Inc (GRND) and iShares Evolved U.S. Technology ETF (IETC). 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.
Dividends
GRND vs. IETC - Dividend Comparison
GRND has not paid dividends to shareholders, while IETC's dividend yield for the trailing twelve months is around 0.50%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
GRND Grindr Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IETC iShares Evolved U.S. Technology ETF | 0.50% | 0.52% | 0.79% | 0.92% | 0.73% | 0.48% | 0.79% | 1.27% |
Drawdowns
GRND vs. IETC - Drawdown Comparison
The maximum GRND drawdown since its inception was -87.26%, which is greater than IETC's maximum drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for GRND and IETC. For additional features, visit the drawdowns tool.
Volatility
GRND vs. IETC - Volatility Comparison
Grindr Inc (GRND) has a higher volatility of 10.04% compared to iShares Evolved U.S. Technology ETF (IETC) at 7.31%. This indicates that GRND's price experiences larger fluctuations and is considered to be riskier than IETC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.