That’s the HDMI to Component converter (if you use this for input, you probably want to use the version that has a built in scaler). They also make a Component to HDMI converter.
I use both. From what I have seen, the Portta HDMI to Component converter (with scaler) is a bit soft. The Portta Component to HDMI looks good, but I’m only working in PAL.
I’m planning on getting a Retrotink 5X soon for live projections. It’s core purpose is for retro gaming with old SD game consoles on modern TVs which prioritizes low latency and has upscaling capabilities. I know some people on the Discord were discussing there’s recently.
I have a retrotink 2x and it works great for SD to HDMI stuff. FYI The 5x doesn’t support 1080p source resolutions, and is pricey, so I decided against it.