TCNNF vs. GTBIF

Last updated Jun 24, 2026

TCNNF (Trulieve Cannabis Corp) and GTBIF (Green Thumb Industries Inc) are both stocks. Both operate in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector. At a 0.20 correlation, their price movements are largely independent.

Performance

TCNNF vs. GTBIF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trulieve Cannabis Corp (TCNNF) and Green Thumb Industries Inc (GTBIF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TCNNF

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GTBIF

• 1D: -1.64%
• 1M: 0.84%
• YTD: -10.41%
• 6M: -7.10%
• 1Y: 49.69%
• 3Y*: -1.85%
• 5Y*: -25.77%
• 10Y*: 82.57%

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

TCNNF vs. GTBIF - Yearly Performance Comparison

	2026 (YTD)
TCNNF Trulieve Cannabis Corp	-5.71%
GTBIF Green Thumb Industries Inc	-12.20%

Correlation

The correlation between TCNNF and GTBIF is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 8, 2026	0.20

Fundamentals

Market Cap TCNNF : $2.28B GTBIF : $1.67B
EPS TCNNF : -$0.42 GTBIF : $0.52
PS Ratio TCNNF : 1.90 GTBIF : 1.41
PB Ratio TCNNF : 1.99 GTBIF : 0.88
Total Revenue (TTM) TCNNF : $1.17B GTBIF : $1.20B
Gross Profit (TTM) TCNNF : $670.85M GTBIF : $575.26M
EBITDA (TTM) TCNNF : $276.20M GTBIF : $438.97M

Return for Risk

TCNNF vs. GTBIF — Risk / Return Rank

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

TCNNF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GTBIF

GTBIF Risk / Return Rank: 65
GTBIF Sharpe Ratio Rank: 60
GTBIF Sortino Ratio Rank: 69
GTBIF Omega Ratio Rank: 64
GTBIF Calmar Ratio Rank: 66
GTBIF Martin Ratio Rank: 64

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.

TCNNF vs. GTBIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trulieve Cannabis Corp (TCNNF) and Green Thumb Industries Inc (GTBIF). 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.

	TCNNF	GTBIF	Difference
Sharpe ratio: Return per unit of total volatility	—	0.51	—
Sortino ratio: Return per unit of downside risk	—	1.57	—
Omega ratio: Gain probability vs. loss probability	—	1.18	—
Calmar ratio: Return relative to maximum drawdown	—	1.18	—
Martin ratio: Return relative to average drawdown	—	2.28	—

Drawdowns

TCNNF vs. GTBIF - Drawdown Comparison

The maximum TCNNF drawdown since its inception was -11.15%, smaller than the maximum GTBIF drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for TCNNF and GTBIF.

Drawdown Indicators

	TCNNF	GTBIF	Difference
Max Drawdown Largest peak-to-trough decline	-11.15%	-99.97%	+88.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-68.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-85.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-92.86%	—
Current Drawdown Current decline from peak	-11.15%	-81.27%	+70.12%
Average Drawdown Average peak-to-trough decline	-10.14%	-78.97%	+68.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	21.82%	—

Volatility

Volatility by Period

	TCNNF	GTBIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	47.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	63.42%	97.08%	-33.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.42%	71.99%	-8.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.42%	46,700.56%	-46,637.14%

Dividends

TCNNF vs. GTBIF - Dividend Comparison

Neither TCNNF nor GTBIF has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

TCNNF vs. GTBIF - Profitability Comparison

The chart below illustrates the profitability comparison between Trulieve Cannabis Corp and Green Thumb Industries Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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 - 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 - 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 - 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 - 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%.

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%.

Frequently Asked Questions

Can I hold both TCNNF and GTBIF in my portfolio?

TCNNF and GTBIF have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.