Correlation
The correlation between GRND and SWPPX 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 vs. SWPPX
Compare and contrast key facts about Grindr Inc (GRND) and Schwab S&P 500 Index Fund (SWPPX).
SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GRND or SWPPX.
Performance
GRND vs. SWPPX - Performance Comparison
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Key characteristics
GRND:
3.66
SWPPX:
0.73
GRND:
4.09
SWPPX:
1.04
GRND:
1.59
SWPPX:
1.15
GRND:
2.18
SWPPX:
0.69
GRND:
32.21
SWPPX:
2.62
GRND:
5.08%
SWPPX:
4.92%
GRND:
43.81%
SWPPX:
19.76%
GRND:
-87.26%
SWPPX:
-55.06%
GRND:
-33.10%
SWPPX:
-3.42%
Returns By Period
In the year-to-date period, GRND achieves a 36.88% return, which is significantly higher than SWPPX's 1.05% return.
GRND
36.88%
9.75%
61.83%
157.05%
33.47%
N/A
N/A
SWPPX
1.05%
5.63%
-1.37%
13.49%
14.37%
15.91%
12.80%
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Risk-Adjusted Performance
GRND vs. SWPPX — Risk-Adjusted Performance Rank
GRND
SWPPX
GRND vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grindr Inc (GRND) and Schwab S&P 500 Index Fund (SWPPX). 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.
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Dividends
GRND vs. SWPPX - Dividend Comparison
GRND has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.22%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
GRND Grindr 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% |
SWPPX Schwab S&P 500 Index Fund | 1.22% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% | 1.80% |
Drawdowns
GRND vs. SWPPX - Drawdown Comparison
The maximum GRND drawdown since its inception was -87.26%, which is greater than SWPPX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for GRND and SWPPX.
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Volatility
GRND vs. SWPPX - Volatility Comparison
Grindr Inc (GRND) has a higher volatility of 8.24% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.77%. This indicates that GRND's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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