grade vs evaluate

grade is a noun but evaluate is not a noun.

Word	Noun	Adjective	Verb	Adverb
grade	Yes	No	Yes	No
evaluate	No	No	Yes	No

As verbs, evaluate is a hypernym of grade; that is, evaluate is a word with a broader meaning than grade:

Other hypernyms of grade include judge, pass judgment.

As verbs, evaluate is a hypernym of grade; that is, evaluate is a word with a broader meaning than grade:

grade: assign a grade or rank to, according to one's evaluation
evaluate: evaluate or estimate the nature, quality, ability, extent, or significance of

Other hypernyms of grade include appraise, assess, measure, valuate, value.

grade (noun)	evaluate (noun)
a variety of cattle produced by crossbreeding with a superior breed
a position on a scale of intensity or amount or quality
the gradient of a slope or road or other surface
the height of the ground on which something stands
a number or letter indicating quality (especially of a student's performance)
a degree of ablaut
a body of students who are taught together
one-hundredth of a right angle
a relative position or degree of value in a graded group

grade (verb)	evaluate (verb)
determine the grade of or assign a grade to	evaluate or estimate the nature, quality, ability, extent, or significance of
assign a rank or rating to	form a critical opinion of
assign a grade or rank to, according to one's evaluation
level to the right gradient