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 -25.70%/yr vs 11.44%/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 -8.77% return, which is significantly lower than EPOL's 14.69% return. Over the past 10 years, CGC has underperformed EPOL with an annualized return of -25.70%, while EPOL has yielded a comparatively higher 11.44% annualized return.
CGC
- 1D
- 0.00%
- 1M
- -3.70%
- YTD
- -8.77%
- 6M
- -14.05%
- 1Y
- -20.00%
- 3Y*
- -48.98%
- 5Y*
- -66.39%
- 10Y*
- -25.70%
EPOL
- 1D
- 0.98%
- 1M
- 3.91%
- YTD
- 14.69%
- 6M
- 24.42%
- 1Y
- 40.46%
- 3Y*
- 36.16%
- 5Y*
- 16.00%
- 10Y*
- 11.44%
CGC vs. EPOL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGC Canopy Growth Corporation | -8.77% | -58.39% | -46.38% | -77.88% | -73.54% | -64.57% | 16.83% | -21.51% | 13.58% | 246.87% |
EPOL iShares MSCI Poland ETF | 14.69% | 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 8, 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.
| CGC | EPOL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.29 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | 3.68 | -4.04 |
| Martin ratioReturn relative to average drawdown | -0.56 | 10.07 | -10.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CGC | EPOL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 1.76 | -1.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | 0.55 | -1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.25 | 0.41 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.25 | 0.22 | -0.47 |
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 | -99.68% | -54.21% | -45.47% |
Max Drawdown (10Y)Largest decline over 10 years | -99.85% | -61.41% | -38.44% |
Current DrawdownCurrent decline from peak | -99.82% | -0.69% | -99.13% |
Average DrawdownAverage peak-to-trough decline | -62.10% | -26.89% | -35.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.91% | 4.03% | +31.88% |
Volatility
CGC vs. EPOL - Volatility Comparison
Canopy Growth Corporation (CGC) has a higher volatility of 13.63% compared to iShares MSCI Poland ETF (EPOL) at 7.61%. 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 | 13.63% | 7.61% | +6.02% |
Volatility (6M)Calculated over the trailing 6-month period | 66.72% | 17.34% | +49.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.19% | 23.12% | +84.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 124.26% | 29.06% | +95.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 103.34% | 27.65% | +75.69% |
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 4.17%.
| 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 | 4.17% | 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 (13.63%) compared to EPOL (7.61%). In terms of maximum drawdown, CGC dropped -99.85% vs EPOL's -63.72%.
EPOL currently has the higher Sharpe Ratio (1.76 vs -0.19), 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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