GTBIF vs. TCNNF
GTBIF (Green Thumb Industries Inc) and TCNNF (Trulieve Cannabis Corp) are both stocks. Both operate in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector. Over the past 5 years, GTBIF returned -23.25%/yr vs -24.52%/yr for TCNNF. A 0.68 correlation means they provide meaningful diversification when combined.
Performance
GTBIF vs. TCNNF - Performance Comparison
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Returns By Period
In the year-to-date period, GTBIF achieves a -0.20% return, which is significantly lower than TCNNF's 7.25% return.
GTBIF
- 1D
- -2.55%
- 1M
- 0.12%
- YTD
- -0.20%
- 6M
- 25.90%
- 1Y
- 48.52%
- 3Y*
- 2.49%
- 5Y*
- -23.25%
- 10Y*
- 84.66%
TCNNF
- 1D
- -1.58%
- 1M
- -2.82%
- YTD
- 7.25%
- 6M
- 54.56%
- 1Y
- 127.32%
- 3Y*
- 34.04%
- 5Y*
- -24.52%
- 10Y*
- —
GTBIF vs. TCNNF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GTBIF Green Thumb Industries Inc | -0.20% | -1.64% | -27.64% | 30.67% | -61.01% | -9.55% | 151.28% | 21.42% | -55.34% |
TCNNF Trulieve Cannabis Corp | 7.25% | 67.65% | -0.51% | -31.18% | -70.90% | -17.74% | 167.07% | 46.53% | -23.10% |
Correlation
The correlation between GTBIF and TCNNF is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2018 | 0.68 |
The correlation between GTBIF and TCNNF shifts across timeframes, from 0.68 (all time) to 0.86 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
GTBIF:
$1.86B
TCNNF:
$1.84B
GTBIF:
$0.52
TCNNF:
-$0.42
GTBIF:
1.57
TCNNF:
1.53
GTBIF:
0.98
TCNNF:
1.60
GTBIF:
$1.20B
TCNNF:
$1.17B
GTBIF:
$575.26M
TCNNF:
$670.85M
GTBIF:
$438.97M
TCNNF:
$276.20M
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Return for Risk
GTBIF vs. TCNNF — Risk / Return Rank
GTBIF
TCNNF
GTBIF vs. TCNNF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Green Thumb Industries Inc (GTBIF) and Trulieve Cannabis Corp (TCNNF). 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.
| GTBIF | TCNNF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.51 | 1.06 | -0.56 |
Sortino ratioReturn per unit of downside risk | 1.56 | 2.42 | -0.87 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.26 | 2.44 | -1.19 |
Martin ratioReturn relative to average drawdown | 2.47 | 4.87 | -2.40 |
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
| GTBIF | TCNNF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | 1.06 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.33 | -0.28 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | -0.02 | +0.02 |
Drawdowns
GTBIF vs. TCNNF - Drawdown Comparison
The maximum GTBIF drawdown since its inception was -99.97%, which is greater than TCNNF's maximum drawdown of -93.88%. Use the drawdown chart below to compare losses from any high point for GTBIF and TCNNF.
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Drawdown Indicators
| GTBIF | TCNNF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.97% | -93.88% | -6.09% |
Max Drawdown (1Y)Largest decline over 1 year | -42.24% | -54.42% | +12.18% |
Max Drawdown (3Y)Largest decline over 3 years | -68.66% | -77.52% | +8.86% |
Max Drawdown (5Y)Largest decline over 5 years | -85.71% | -91.77% | +6.06% |
Max Drawdown (10Y)Largest decline over 10 years | -92.86% | — | — |
Current DrawdownCurrent decline from peak | -79.14% | -82.34% | +3.20% |
Average DrawdownAverage peak-to-trough decline | -78.99% | -61.16% | -17.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.45% | 27.32% | -5.87% |
Volatility
GTBIF vs. TCNNF - Volatility Comparison
The current volatility for Green Thumb Industries Inc (GTBIF) is 15.17%, while Trulieve Cannabis Corp (TCNNF) has a volatility of 28.20%. This indicates that GTBIF experiences smaller price fluctuations and is considered to be less risky than TCNNF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GTBIF | TCNNF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.17% | 28.20% | -13.03% |
Volatility (6M)Calculated over the trailing 6-month period | 69.64% | 84.17% | -14.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.46% | 120.44% | -23.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.81% | 87.73% | -15.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46,691.27% | 81.80% | +46,609.47% |
Dividends
GTBIF vs. TCNNF - Dividend Comparison
Neither GTBIF nor TCNNF has paid dividends to shareholders.
Financials
GTBIF vs. TCNNF - Financials Comparison
This section allows you to compare key financial metrics between Green Thumb Industries Inc and Trulieve Cannabis 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
GTBIF vs. TCNNF - Profitability Comparison
GTBIF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Green Thumb Industries Inc reported a gross profit of 143.65M and revenue of 300.19M. Therefore, the gross margin over that period was 47.9%.
TCNNF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported a gross profit of 170.08M and revenue of 286.75M. Therefore, the gross margin over that period was 59.3%.
GTBIF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Green Thumb Industries Inc reported an operating income of 40.73M and revenue of 300.19M, resulting in an operating margin of 13.6%.
TCNNF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported an operating income of 35.73M and revenue of 286.75M, resulting in an operating margin of 12.5%.
GTBIF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Green Thumb Industries Inc reported a net income of 15.40M and revenue of 300.19M, resulting in a net margin of 5.1%.
TCNNF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported a net income of 2.41M and revenue of 286.75M, resulting in a net margin of 0.8%.
Frequently Asked Questions
GTBIF and TCNNF have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TCNNF has higher volatility (28.20%) compared to GTBIF (15.17%). In terms of maximum drawdown, GTBIF dropped -99.97% vs TCNNF's -93.88%.
TCNNF currently has the higher Sharpe Ratio (1.06 vs 0.51), 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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