GRND vs RDVT: Correlation
Measured on weekly returns over the past three years, Grindr Inc. (GRND) and Red Violet, Inc. (RDVT) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRND and RDVT?
Across a 3-year window, the weekly returns of GRND and RDVT correlate at 0.46, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.46 over 3. Stretching to 5 years gives 0.12, with an annualized covariance of 963.3 %².
Few assets follow GRND as closely as RDVT, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with RDVT ahead by 47.5 points (-1.4% versus +46.1%).
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 RDVT: side by side
| GRND (Grindr Inc.) | RDVT (Red Violet, Inc.) | |
|---|---|---|
| 1-year return | -1.4% | +46.1% |
| 5-year return | +52.4% | +153.0% |
| Volatility (ann.) | 46.8% | 45.1% |
| Beta vs S&P 500 | 0.69 | 1.12 |
| Max drawdown (3Y) | -60.2% | -42.1% |
| Market cap | $2.7B | $1.2B |
| P/E (trailing) | 33.4 | 63.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRND | RDVT |
|---|---|---|
| 2022 | -54.1% | -42.0% |
| 2023 | +88.8% | -13.2% |
| 2024 | +103.2% | +81.3% |
| 2025 | -24.1% | +58.6% |
| 2026 | +13.4% | +26.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRND and RDVT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GRND and RDVT?
The GRND/RDVT correlation stands at 0.46 on a 3-year window (1 year: 0.48, 5 years: 0.12), computed from weekly returns as of 2026-08-27.
Is RDVT a good diversifier for GRND?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/grnd-vs-rdvt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/grnd-vs-rdvt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GRND correlations · RDVT correlations
