TCNNF vs. TLRY

Last updated Aug 1, 2026

TCNNF (Trulieve Cannabis Corp) and TLRY (Tilray Brands, Inc.) are both stocks. Both operate in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector. Their 0.13 correlation means their historical movements had little consistent relationship.

Performance

TCNNF vs. TLRY - Performance Comparison

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

Returns By Period

TCNNF

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

TLRY

• 1D: 8.10%
• 1M: -1.73%
• 6M: -39.14%
• YTD: -49.72%
• 1Y: -20.17%
• 3Y*: -42.43%
• 5Y*: -50.06%
• 10Y*: —
• ALL TIME*: -38.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TCNNF Trulieve Cannabis Corp	$0.00	$2.71K	$993.73K
TLRY Tilray Brands, Inc.	$22.99M	$19.43M	$19.08M

TCNNF vs. TLRY - Yearly Performance Comparison

	2026 (YTD)
TCNNF Trulieve Cannabis Corp	-3.18%
TLRY Tilray Brands, Inc.	-8.10%

Correlation

The correlation between TCNNF and TLRY is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 8, 2026	0.13

Fundamentals

Market Cap TCNNF : $1.56B TLRY : $544.81M
EPS TCNNF : -$0.42 TLRY : -$0.95
PS Ratio TCNNF : 1.95 TLRY : 0.55
PB Ratio TCNNF : 2.04 TLRY : 0.31
Total Revenue (TTM) TCNNF : $1.17B TLRY : $915.45M
Gross Profit (TTM) TCNNF : $670.85M TLRY : $260.44M
EBITDA (TTM) TCNNF : $276.20M TLRY : -$41.47M

Return for Risk

TCNNF vs. TLRY — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

TLRY

TLRY Risk / Return Rank: 42
TLRY Sharpe Ratio Rank: 37
TLRY Sortino Ratio Rank: 52
TLRY Omega Ratio Rank: 49
TLRY Calmar Ratio Rank: 36
TLRY Martin Ratio Rank: 37

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TCNNF vs. TLRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trulieve Cannabis Corp (TCNNF) and Tilray Brands, Inc. (TLRY). 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	TLRY	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.18	—
Sortino ratio: Return per unit of downside risk	—	0.71	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	-0.27	—
Martin ratio: Return relative to average drawdown	—	-0.38	—

Drawdowns

TCNNF vs. TLRY - Drawdown Comparison

The maximum TCNNF drawdown since its inception was -11.15%, smaller than the maximum TLRY drawdown of -99.83%. Use the drawdown chart below to compare losses from any high point for TCNNF and TLRY.

Drawdown Indicators

	TCNNF	TLRY	Difference
Max Drawdown Largest peak-to-trough decline	-11.15%	-99.83%	+88.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-81.52%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-89.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-97.57%	—
Current Drawdown Current decline from peak	-8.77%	-99.79%	+91.02%
Average Drawdown Average peak-to-trough decline	-9.54%	-91.53%	+81.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	57.91%	—

Volatility

Volatility by Period

	TCNNF	TLRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	33.92%	123.40%	-89.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.92%	94.05%	-60.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.92%	111.08%	-77.16%

Dividends

TCNNF vs. TLRY - Dividend Comparison

Neither TCNNF nor TLRY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TCNNF and TLRY in my portfolio?

TCNNF and TLRY have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.