TLRY vs. IWM
Compare and contrast key facts about Tilray, Inc. (TLRY) and iShares Russell 2000 ETF (IWM).
IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLRY or IWM.
Correlation
The correlation between TLRY and IWM is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TLRY vs. IWM - Performance Comparison
Key characteristics
TLRY:
-0.94
IWM:
-0.05
TLRY:
-1.98
IWM:
0.10
TLRY:
0.77
IWM:
1.01
TLRY:
-0.74
IWM:
-0.04
TLRY:
-1.59
IWM:
-0.13
TLRY:
46.20%
IWM:
8.67%
TLRY:
78.65%
IWM:
24.06%
TLRY:
-99.79%
IWM:
-59.05%
TLRY:
-99.77%
IWM:
-19.50%
Returns By Period
In the year-to-date period, TLRY achieves a -63.38% return, which is significantly lower than IWM's -11.95% return.
TLRY
-63.38%
-25.66%
-71.18%
-72.17%
-43.04%
N/A
IWM
-11.95%
-5.58%
-10.85%
-0.07%
11.07%
5.89%
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Risk-Adjusted Performance
TLRY vs. IWM — Risk-Adjusted Performance Rank
TLRY
IWM
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.
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 1.27%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1.27% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% |
Drawdowns
TLRY vs. IWM - Drawdown Comparison
The maximum TLRY drawdown since its inception was -99.79%, 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.
Volatility
TLRY vs. IWM - Volatility Comparison
Tilray, Inc. (TLRY) has a higher volatility of 34.84% compared to iShares Russell 2000 ETF (IWM) at 13.94%. 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.