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TLRY vs. IWM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TLRY and IWM is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

TLRY vs. IWM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tilray, Inc. (TLRY) and iShares Russell 2000 ETF (IWM). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
-94.37%
42.65%
TLRY
IWM

Key characteristics

Sharpe Ratio

TLRY:

-0.47

IWM:

0.69

Sortino Ratio

TLRY:

-0.36

IWM:

1.10

Omega Ratio

TLRY:

0.96

IWM:

1.13

Calmar Ratio

TLRY:

-0.37

IWM:

0.74

Martin Ratio

TLRY:

-1.03

IWM:

3.63

Ulcer Index

TLRY:

36.00%

IWM:

3.97%

Daily Std Dev

TLRY:

78.39%

IWM:

20.85%

Max Drawdown

TLRY:

-99.46%

IWM:

-59.05%

Current Drawdown

TLRY:

-99.41%

IWM:

-8.18%

Returns By Period

In the year-to-date period, TLRY achieves a -45.22% return, which is significantly lower than IWM's 11.87% return.


TLRY

YTD

-45.22%

1M

-3.82%

6M

-24.10%

1Y

-42.47%

5Y*

-40.67%

10Y*

N/A

IWM

YTD

11.87%

1M

-3.62%

6M

11.47%

1Y

12.48%

5Y*

7.37%

10Y*

7.83%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TLRY vs. IWM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tilray, Inc. (TLRY) and iShares Russell 2000 ETF (IWM). 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.


Sharpe ratio
The chart of Sharpe ratio for TLRY, currently valued at -0.47, compared to the broader market-4.00-2.000.002.00-0.470.69
The chart of Sortino ratio for TLRY, currently valued at -0.36, compared to the broader market-4.00-2.000.002.004.00-0.361.10
The chart of Omega ratio for TLRY, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.13
The chart of Calmar ratio for TLRY, currently valued at -0.37, compared to the broader market0.002.004.006.00-0.370.74
The chart of Martin ratio for TLRY, currently valued at -1.03, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.033.63
TLRY
IWM

The current TLRY Sharpe Ratio is -0.47, which is lower than the IWM Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of TLRY and IWM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.47
0.69
TLRY
IWM

Dividends

TLRY vs. IWM - Dividend Comparison

TLRY has not paid dividends to shareholders, while IWM's dividend yield for the trailing twelve months is around 1.14%.


TTM20232022202120202019201820172016201520142013
TLRY
Tilray, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IWM
iShares Russell 2000 ETF
1.14%1.35%1.48%0.94%1.04%1.26%1.40%1.26%1.38%1.54%1.26%1.23%

Drawdowns

TLRY vs. IWM - Drawdown Comparison

The maximum TLRY drawdown since its inception was -99.46%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for TLRY and IWM. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.41%
-8.18%
TLRY
IWM

Volatility

TLRY vs. IWM - Volatility Comparison

Tilray, Inc. (TLRY) has a higher volatility of 15.81% compared to iShares Russell 2000 ETF (IWM) at 6.16%. This indicates that TLRY's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
15.81%
6.16%
TLRY
IWM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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