ACB vs. CGC
Compare and contrast key facts about Aurora Cannabis Inc. (ACB) and Canopy Growth Corporation (CGC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACB or CGC.
Correlation
The correlation between ACB and CGC is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ACB vs. CGC - Performance Comparison
Key characteristics
ACB:
0.62
CGC:
-0.36
ACB:
2.10
CGC:
0.23
ACB:
1.24
CGC:
1.03
ACB:
0.70
CGC:
-0.54
ACB:
1.84
CGC:
-0.90
ACB:
37.96%
CGC:
60.27%
ACB:
112.84%
CGC:
150.82%
ACB:
-99.80%
CGC:
-99.72%
ACB:
-99.58%
CGC:
-99.71%
Fundamentals
ACB:
$259.17M
CGC:
$279.78M
ACB:
-$0.46
CGC:
-$3.57
ACB:
$320.17M
CGC:
$288.24M
ACB:
$216.87M
CGC:
$77.23M
ACB:
$16.31M
CGC:
-$348.67M
Returns By Period
In the year-to-date period, ACB achieves a 38.59% return, which is significantly higher than CGC's -40.51% return. Over the past 10 years, ACB has outperformed CGC with an annualized return of -20.01%, while CGC has yielded a comparatively lower -21.38% annualized return.
ACB
38.59%
52.59%
-9.52%
81.79%
-50.69%
-20.01%
CGC
-40.51%
-26.91%
-73.75%
-51.63%
-62.55%
-21.38%
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Risk-Adjusted Performance
ACB vs. CGC — Risk-Adjusted Performance Rank
ACB
CGC
ACB vs. CGC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aurora Cannabis Inc. (ACB) and Canopy Growth Corporation (CGC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ACB vs. CGC - Dividend Comparison
Neither ACB nor CGC has paid dividends to shareholders.
Drawdowns
ACB vs. CGC - Drawdown Comparison
The maximum ACB drawdown since its inception was -99.80%, roughly equal to the maximum CGC drawdown of -99.72%. Use the drawdown chart below to compare losses from any high point for ACB and CGC. For additional features, visit the drawdowns tool.
Volatility
ACB vs. CGC - Volatility Comparison
Aurora Cannabis Inc. (ACB) and Canopy Growth Corporation (CGC) have volatilities of 44.41% and 43.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ACB vs. CGC - Financials Comparison
This section allows you to compare key financial metrics between Aurora Cannabis Inc. and Canopy Growth Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities