CGC vs. EPOL
CGC (Canopy Growth Corporation) is a stock, while EPOL (iShares MSCI Poland ETF) is Europe Equities fund tracking the MSCI Poland Investable Market Index. Over the past 10 years, CGC returned -26.91%/yr vs 11.83%/yr for EPOL. At a 0.22 correlation, their price movements are largely independent.
Performance
CGC vs. EPOL - Performance Comparison
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Returns By Period
In the year-to-date period, CGC achieves a -18.67% return, which is significantly lower than EPOL's 16.35% return. Over the past 10 years, CGC has underperformed EPOL with an annualized return of -26.91%, while EPOL has yielded a comparatively higher 11.83% annualized return.
CGC
- 1D
- -2.71%
- 1M
- -3.22%
- 6M
- -24.00%
- YTD
- -18.67%
- 1Y
- -15.71%
- 3Y*
- -37.17%
- 5Y*
- -65.72%
- 10Y*
- -26.91%
EPOL
- 1D
- -1.00%
- 1M
- -0.12%
- 6M
- 13.26%
- YTD
- 16.35%
- 1Y
- 32.38%
- 3Y*
- 31.03%
- 5Y*
- 17.67%
- 10Y*
- 11.83%
CGC vs. EPOL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGC Canopy Growth Corporation | -18.67% | -58.39% | -46.38% | -77.88% | -73.54% | -64.57% | 16.83% | -21.51% | 13.58% | 246.87% |
EPOL iShares MSCI Poland ETF | 16.35% | 77.34% | -2.61% | 50.70% | -24.62% | 12.21% | -8.38% | -6.13% | -13.76% | 52.43% |
Correlation
The correlation between CGC and EPOL is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2014 | 0.22 |
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Return for Risk
CGC vs. EPOL — Risk / Return Rank
CGC
EPOL
CGC vs. EPOL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canopy Growth Corporation (CGC) and iShares MSCI Poland ETF (EPOL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CGC | EPOL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.56 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.24 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 2.95 | -3.23 |
| Martin ratioReturn relative to average drawdown | -0.42 | 7.84 | -8.26 |
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Drawdowns
CGC vs. EPOL - Drawdown Comparison
The maximum CGC drawdown since its inception was -99.85%, which is greater than EPOL's maximum drawdown of -63.72%. Use the drawdown chart below to compare losses from any high point for CGC and EPOL.
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Drawdown Indicators
| CGC | EPOL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.85% | -63.72% | -36.13% |
Max Drawdown (1Y)Largest decline over 1 year | -55.38% | -11.04% | -44.34% |
Max Drawdown (3Y)Largest decline over 3 years | -95.10% | -21.81% | -73.29% |
Max Drawdown (5Y)Largest decline over 5 years | -99.59% | -54.21% | -45.38% |
Max Drawdown (10Y)Largest decline over 10 years | -99.85% | -61.41% | -38.44% |
Current DrawdownCurrent decline from peak | -99.84% | -1.00% | -98.84% |
Average DrawdownAverage peak-to-trough decline | -62.42% | -26.72% | -35.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.59% | 4.14% | +33.45% |
Volatility
CGC vs. EPOL - Volatility Comparison
Canopy Growth Corporation (CGC) has a higher volatility of 12.10% compared to iShares MSCI Poland ETF (EPOL) at 5.79%. This indicates that CGC's price experiences larger fluctuations and is considered to be riskier than EPOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGC | EPOL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.10% | 5.79% | +6.31% |
Volatility (6M)Calculated over the trailing 6-month period | 41.00% | 18.44% | +22.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 101.97% | 23.24% | +78.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 124.28% | 29.15% | +95.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 103.37% | 27.41% | +75.96% |
Dividends
CGC vs. EPOL - Dividend Comparison
CGC has not paid dividends to shareholders, while EPOL's dividend yield for the trailing twelve months is around 3.62%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGC Canopy Growth Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EPOL iShares MSCI Poland ETF | 3.62% | 4.78% | 6.04% | 2.87% | 2.65% | 1.33% | 1.44% | 2.51% | 1.44% | 1.88% | 2.14% | 2.53% |
Frequently Asked Questions
CGC and EPOL have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGC has higher volatility (12.10%) compared to EPOL (5.79%). In terms of maximum drawdown, CGC dropped -99.85% vs EPOL's -63.72%.
EPOL currently has the higher Sharpe Ratio (1.40 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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