OGI vs. ACB

Last updated Jun 23, 2026

OGI (OrganiGram Holdings Inc.) and ACB (Aurora Cannabis Inc.) are both stocks. Both operate in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector. Over the past 10 years, OGI returned -11.33%/yr vs -23.86%/yr for ACB. A 0.60 correlation means they provide meaningful diversification when combined.

Performance

OGI vs. ACB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OrganiGram Holdings Inc. (OGI) and Aurora Cannabis Inc. (ACB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OGI achieves a -42.86% return, which is significantly lower than ACB's -31.99% return. Over the past 10 years, OGI has outperformed ACB with an annualized return of -11.33%, while ACB has yielded a comparatively lower -23.86% annualized return.

OGI

• 1D: -0.49%
• 1M: -14.29%
• YTD: -42.86%
• 6M: -50.00%
• 1Y: -25.58%
• 3Y*: -15.66%
• 5Y*: -39.54%
• 10Y*: -11.33%

ACB

• 1D: -2.05%
• 1M: -17.05%
• YTD: -31.99%
• 6M: -38.81%
• 1Y: -29.66%
• 3Y*: -19.55%
• 5Y*: -49.82%
• 10Y*: -23.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OGI vs. ACB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OGI OrganiGram Holdings Inc.	-42.86%	4.35%	22.90%	-59.06%	-54.29%	31.58%	-45.71%	-31.34%	10.26%	50.59%
ACB Aurora Cannabis Inc.	-31.99%	-0.71%	-10.75%	-48.38%	-82.95%	-34.90%	-67.94%	-56.45%	-34.99%	343.60%

Correlation

The correlation between OGI and ACB is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Aug 27, 2014	0.60

The correlation between OGI and ACB shifts across timeframes, from 0.60 (all time) to 0.72 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap OGI : $126.31M ACB : $164.94M
EPS OGI : -CA$0.19 ACB : -CA$1.33
PS Ratio OGI : 0.67 ACB : 0.74
PB Ratio OGI : 0.48 ACB : 0.46
Total Revenue (TTM) OGI : CA$274.29M ACB : CA$310.87M
Gross Profit (TTM) OGI : CA$72.27M ACB : CA$176.08M
EBITDA (TTM) OGI : -CA$17.68M ACB : CA$10.48M

Return for Risk

OGI vs. ACB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OGI

OGI Risk / Return Rank: 24
OGI Sharpe Ratio Rank: 23
OGI Sortino Ratio Rank: 25
OGI Omega Ratio Rank: 25
OGI Calmar Ratio Rank: 26
OGI Martin Ratio Rank: 22

ACB

ACB Risk / Return Rank: 23
ACB Sharpe Ratio Rank: 22
ACB Sortino Ratio Rank: 24
ACB Omega Ratio Rank: 24
ACB Calmar Ratio Rank: 22
ACB Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OGI vs. ACB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OrganiGram Holdings Inc. (OGI) and Aurora Cannabis Inc. (ACB). 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.

	OGI	ACB	Difference
Sharpe ratio: Return per unit of total volatility	-0.42	-0.46	+0.03
Sortino ratio: Return per unit of downside risk	-0.28	-0.35	+0.07
Omega ratio: Gain probability vs. loss probability	0.97	0.96	+0.01
Calmar ratio: Return relative to maximum drawdown	-0.47	-0.55	+0.08
Martin ratio: Return relative to average drawdown	-0.97	-0.94	-0.03

OGI vs. ACB - Sharpe Ratio Comparison

The current OGI Sharpe Ratio is -0.42, which is comparable to the ACB Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of OGI and ACB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OGI vs. ACB - Drawdown Comparison

The maximum OGI drawdown since its inception was -97.37%, roughly equal to the maximum ACB drawdown of -99.80%. Use the drawdown chart below to compare losses from any high point for OGI and ACB.

Drawdown Indicators

	OGI	ACB	Difference
Max Drawdown Largest peak-to-trough decline	-97.37%	-99.80%	+2.43%
Max Drawdown (1Y) Largest decline over 1 year	-54.50%	-53.93%	-0.57%
Max Drawdown (3Y) Largest decline over 3 years	-67.65%	-70.80%	+3.15%
Max Drawdown (5Y) Largest decline over 5 years	-92.83%	-96.93%	+4.10%
Max Drawdown (10Y) Largest decline over 10 years	-97.37%	-99.80%	+2.43%
Current Drawdown Current decline from peak	-97.13%	-99.80%	+2.67%
Average Drawdown Average peak-to-trough decline	-67.04%	-70.71%	+3.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.42%	31.63%	-5.21%

Volatility

OGI vs. ACB - Volatility Comparison

The current volatility for OrganiGram Holdings Inc. (OGI) is 10.07%, while Aurora Cannabis Inc. (ACB) has a volatility of 12.65%. This indicates that OGI experiences smaller price fluctuations and is considered to be less risky than ACB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OGI	ACB	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.07%	12.65%	-2.58%
Volatility (6M) Calculated over the trailing 6-month period	40.55%	37.60%	+2.95%
Volatility (1Y) Calculated over the trailing 1-year period	61.01%	65.40%	-4.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.67%	89.74%	-21.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.19%	97.78%	-17.59%

Dividends

OGI vs. ACB - Dividend Comparison

Neither OGI nor ACB has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both OGI and ACB in my portfolio?

OGI and ACB have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OGI or ACB?

ACB has higher volatility (12.65%) compared to OGI (10.07%). In terms of maximum drawdown, OGI dropped -97.37% vs ACB's -99.80%.

Which has better risk-adjusted returns?

OGI currently has the higher Sharpe Ratio (-0.42 vs -0.46), 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.