GRND vs MRK: Correlation
Grindr Inc. (GRND) and Merck & Co. (MRK) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRND and MRK?
Over the past 3 years, GRND and MRK moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. Over 5 years the correlation is 0.03, and the annualized covariance of weekly returns is -241.4 %².
Out of 11 assets tracked against GRND, MRK lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months MRK outperformed by 85.2 percentage points (-1.4% for GRND against +83.8% for MRK). One caveat on sizing: GRND is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
GRND vs MRK: side by side
| GRND (Grindr Inc.) | MRK (Merck & Co.) | |
|---|---|---|
| 1-year return | -1.4% | +83.8% |
| 5-year return | +52.4% | +128.5% |
| Volatility (ann.) | 46.8% | 27.9% |
| Beta vs S&P 500 | 0.69 | 0.28 |
| Max drawdown (3Y) | -60.2% | -43.4% |
| Market cap | $2.7B | $368.9B |
| P/E (trailing) | 33.4 | 121.6 |
| Dividend yield | 0.00% | 2.17% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | GRND | MRK |
|---|---|---|
| 2022 | -54.1% | +49.4% |
| 2023 | +88.8% | +1.0% |
| 2024 | +103.2% | -6.3% |
| 2025 | -24.1% | +9.8% |
| 2026 | +13.4% | +44.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRND and MRK good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GRND and MRK?
The GRND/MRK correlation stands at -0.18 on a 3-year window (1 year: -0.24, 5 years: 0.03), computed from weekly returns as of 2026-08-27.
Is MRK a good diversifier for GRND?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/grnd-vs-mrk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/grnd-vs-mrk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GRND correlations · MRK correlations
