CRLBF vs. TSNDF
CRLBF (Cresco Labs Inc) and TSNDF (TerrAscend Corp) are both stocks. Both operate in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector. Over the past 5 years, CRLBF returned -41.03%/yr vs -42.10%/yr for TSNDF. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
CRLBF vs. TSNDF - Performance Comparison
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Returns By Period
In the year-to-date period, CRLBF achieves a -37.40% return, which is significantly lower than TSNDF's -10.97% return.
CRLBF
- 1D
- -4.94%
- 1M
- -10.48%
- YTD
- -37.40%
- 6M
- -34.36%
- 1Y
- 78.41%
- 3Y*
- -21.63%
- 5Y*
- -41.03%
- 10Y*
- —
TSNDF
- 1D
- -7.10%
- 1M
- -1.38%
- YTD
- -10.97%
- 6M
- -11.76%
- 1Y
- 156.40%
- 3Y*
- -26.98%
- 5Y*
- -42.10%
- 10Y*
- —
CRLBF vs. TSNDF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CRLBF Cresco Labs Inc | -37.40% | 34.61% | -32.61% | -24.68% | -73.01% | -32.39% | 43.85% | 1.66% | 27.28% |
TSNDF TerrAscend Corp | -10.97% | 10.77% | -60.12% | 44.25% | -81.52% | -39.15% | 358.90% | -48.83% | -18.12% |
Correlation
The correlation between CRLBF and TSNDF is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2018 | 0.54 |
Over the past year, CRLBF and TSNDF have become more correlated (0.80) than their long-term average of 0.54, meaning their price movements have been converging.
Fundamentals
CRLBF:
$280.46M
TSNDF:
$197.77M
CRLBF:
-$0.39
TSNDF:
-$0.27
CRLBF:
0.42
TSNDF:
0.76
CRLBF:
0.83
TSNDF:
2.17
CRLBF:
$641.80M
TSNDF:
$255.10M
CRLBF:
$311.73M
TSNDF:
$134.12M
CRLBF:
$108.21M
TSNDF:
$40.73M
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Return for Risk
CRLBF vs. TSNDF — Risk / Return Rank
CRLBF
TSNDF
CRLBF vs. TSNDF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cresco Labs Inc (CRLBF) and TerrAscend Corp (TSNDF). 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.
| CRLBF | TSNDF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 2.35 | -1.03 |
| Martin ratioReturn relative to average drawdown | 2.10 | 3.88 | -1.78 |
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Drawdowns
CRLBF vs. TSNDF - Drawdown Comparison
The maximum CRLBF drawdown since its inception was -97.45%, roughly equal to the maximum TSNDF drawdown of -98.47%. Use the drawdown chart below to compare losses from any high point for CRLBF and TSNDF.
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Drawdown Indicators
| CRLBF | TSNDF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.45% | -98.47% | +1.02% |
Max Drawdown (1Y)Largest decline over 1 year | -59.81% | -66.96% | +7.15% |
Max Drawdown (3Y)Largest decline over 3 years | -83.90% | -89.57% | +5.67% |
Max Drawdown (5Y)Largest decline over 5 years | -96.28% | -97.90% | +1.62% |
Current DrawdownCurrent decline from peak | -95.44% | -95.91% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -67.74% | -66.79% | -0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.45% | 40.47% | -3.02% |
Volatility
CRLBF vs. TSNDF - Volatility Comparison
The current volatility for Cresco Labs Inc (CRLBF) is 18.20%, while TerrAscend Corp (TSNDF) has a volatility of 19.75%. This indicates that CRLBF experiences smaller price fluctuations and is considered to be less risky than TSNDF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRLBF | TSNDF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.20% | 19.75% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 84.29% | 100.58% | -16.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 150.14% | 171.48% | -21.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 98.30% | 107.16% | -8.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.27% | 94.95% | -5.68% |
Dividends
CRLBF vs. TSNDF - Dividend Comparison
Neither CRLBF nor TSNDF has paid dividends to shareholders.
Financials
CRLBF vs. TSNDF - Financials Comparison
This section allows you to compare key financial metrics between Cresco Labs Inc and TerrAscend Corp. 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
CRLBF vs. TSNDF - Profitability Comparison
CRLBF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cresco Labs Inc reported a gross profit of 69.55M and revenue of 149.23M. Therefore, the gross margin over that period was 46.6%.
TSNDF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TerrAscend Corp reported a gross profit of 34.60M and revenue of 65.54M. Therefore, the gross margin over that period was 52.8%.
CRLBF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cresco Labs Inc reported an operating income of 14.63M and revenue of 149.23M, resulting in an operating margin of 9.8%.
TSNDF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TerrAscend Corp reported an operating income of 11.52M and revenue of 65.54M, resulting in an operating margin of 17.6%.
CRLBF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cresco Labs Inc reported a net income of -12.89M and revenue of 149.23M, resulting in a net margin of -8.6%.
TSNDF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TerrAscend Corp reported a net income of -8.00M and revenue of 65.54M, resulting in a net margin of -12.2%.
Frequently Asked Questions
CRLBF and TSNDF have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSNDF has higher volatility (19.75%) compared to CRLBF (18.20%). In terms of maximum drawdown, CRLBF dropped -97.45% vs TSNDF's -98.47%.
TSNDF currently has the higher Sharpe Ratio (0.92 vs 0.53), 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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