GRND vs. QQQM
Compare and contrast key facts about Grindr Inc (GRND) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GRND or QQQM.
Correlation
The correlation between GRND and QQQM 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. QQQM - Performance Comparison
Key characteristics
GRND:
3.04
QQQM:
1.45
GRND:
4.13
QQQM:
1.96
GRND:
1.48
QQQM:
1.26
GRND:
1.59
QQQM:
1.95
GRND:
20.56
QQQM:
6.75
GRND:
6.03%
QQQM:
3.92%
GRND:
40.89%
QQQM:
18.21%
GRND:
-87.26%
QQQM:
-35.05%
GRND:
-49.97%
QQQM:
0.00%
Returns By Period
In the year-to-date period, GRND achieves a 2.35% return, which is significantly lower than QQQM's 5.28% return.
GRND
2.35%
6.97%
50.91%
114.07%
N/A
N/A
QQQM
5.28%
3.16%
12.19%
25.82%
N/A
N/A
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Risk-Adjusted Performance
GRND vs. QQQM — Risk-Adjusted Performance Rank
GRND
QQQM
GRND vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grindr Inc (GRND) and Invesco NASDAQ 100 ETF (QQQM). 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. QQQM - Dividend Comparison
GRND has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.58%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
GRND Grindr Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.58% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
GRND vs. QQQM - Drawdown Comparison
The maximum GRND drawdown since its inception was -87.26%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for GRND and QQQM. For additional features, visit the drawdowns tool.
Volatility
GRND vs. QQQM - Volatility Comparison
Grindr Inc (GRND) has a higher volatility of 9.58% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.97%. This indicates that GRND's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.