ADAG vs GSRF

Comparison between Adagene Inc (ADAG, Company) and GSR IV Acquisition Corp - Class A (GSRF, Company).

ADAG is from the Healthcare sector, while GSRF is from the Financial Services sector.

ADAG vs GSRF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ADAG(COMPANY)	GSRF(COMPANY)
Market Cap	$233M	$233M
Max Drawdown	97.00%	1.29%
Sharpe Ratio	1.17	-1.97
5Y Beta	0.38	0.01
Industry	Biotechnology	Shell Companies
P/E Ratio	-13.25	46.96
5Y EPS CAGR	-34.96%	N/A
Debt to Equity	5.23%	0.00%
Free Cash Flow Yield	-6.71%	-0.26%

Market Cap

ADAG

$233M

Winner

GSRF

$233M

Max Drawdown

ADAG

97.00%

Winner

GSRF

1.29%

Sharpe Ratio

Winner

ADAG

1.17

GSRF

-1.97

5Y Beta

ADAG

0.38

Winner

GSRF

0.01

Industry

ADAG

Biotechnology

GSRF

Shell Companies

P/E Ratio

Winner

ADAG

-13.25

GSRF

46.96

5Y EPS CAGR

ADAG

-34.96%

GSRF

N/A

Debt to Equity

ADAG

5.23%

Winner

GSRF

0.00%

Free Cash Flow Yield

ADAG

-6.71%

Winner

GSRF

-0.26%

ADAG vs GSRF - Historical Returns

Returns include dividend reinvestment.

Period	ADAG	GSRF
1 month	+16.22%	+0.20%
3 months	+0.00%	+1.20%
6 months	+115.30%	+1.81%
1 year	+102.05%	N/A
5 years(CAGR)	-22.40%	N/A
Max(CAGR)	-31.56%	+0.90%

Winner

ADAG

+16.22%

GSRF

+0.20%

ADAG

+0.00%

Winner

GSRF

+1.20%

Winner

ADAG

+115.30%

GSRF

+1.81%

ADAG

+102.05%

GSRF

N/A

5Y(CAGR)

ADAG

-22.40%

GSRF

N/A

Max(CAGR)

ADAG

-31.56%

Winner

GSRF

+0.90%

ADAG vs GSRF - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	ADAG	GSRF
2026	+114.13%	+1.70%
2025	-8.25%	-0.99%
2024	+1.53%	N/A
2023	+52.08%	N/A
2022	-83.52%	N/A
2021	-73.10%	N/A

ADAG vs GSRF Drawdown Comparison

The maximum drawdown for ADAG was -97.00%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The maximum drawdown for GSRF was -1.29%, occurring on Dec 15, 2025. Recovery took 129 trading sessions.

The current ADAG drawdown is -86.86%. The current GSRF drawdown is -0.10%.

Rank	ADAG	GSRF
#1	-97.00% Feb 9, 2021 - Oct 31, 2022	-1.29% Oct 20, 2025 - Apr 27, 2026
#2	N/A	-0.30% May 20, 2026 - May 26, 2026
#3	N/A	-0.11% Apr 30, 2026 - May 12, 2026
#4	N/A	-0.00% Apr 27, 2026 - Apr 30, 2026