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TOKE vs. POTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


TOKEPOTX

Correlation

0.83
-1.001.00

The correlation between TOKE and POTX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

TOKE vs. POTX - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-74.00%-72.00%-70.00%-68.00%-66.00%-64.00%OctoberNovemberDecember2024FebruaryMarch
-64.24%
-74.09%
TOKE
POTX

Compare stocks, funds, or ETFs


Cambria Cannabis ETF

Global X Cannabis ETF

TOKE vs. POTX - Expense Ratio Comparison

TOKE has a 0.42% expense ratio, which is lower than POTX's 0.51% expense ratio.

POTX
Global X Cannabis ETF
0.50%1.00%1.50%2.00%0.51%
0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

TOKE vs. POTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Cannabis ETF (TOKE) and Global X Cannabis ETF (POTX). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
TOKE
Cambria Cannabis ETF
0.45
POTX
Global X Cannabis ETF
-0.87

TOKE vs. POTX - Sharpe Ratio Comparison

The current TOKE Sharpe Ratio is 0.45, which is higher than the POTX Sharpe Ratio of -0.87. The chart below compares the 12-month rolling Sharpe Ratio of TOKE and POTX.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50OctoberNovemberDecember2024FebruaryMarch
0.45
-0.87
TOKE
POTX

Dividends

TOKE vs. POTX - Dividend Comparison

TOKE's dividend yield for the trailing twelve months is around 3.55%, while POTX has not paid dividends to shareholders.


TTM20232022202120202019
TOKE
Cambria Cannabis ETF
3.55%4.20%2.11%3.54%4.33%2.21%
POTX
Global X Cannabis ETF
107.82%6.37%3.27%4.28%5.47%1.43%

Drawdowns

TOKE vs. POTX - Drawdown Comparison


-95.00%-90.00%-85.00%-80.00%-75.00%OctoberNovemberDecember2024FebruaryMarch
-73.40%
-96.64%
TOKE
POTX

Volatility

TOKE vs. POTX - Volatility Comparison

Cambria Cannabis ETF (TOKE) has a higher volatility of 7.20% compared to Global X Cannabis ETF (POTX) at 0.00%. This indicates that TOKE's price experiences larger fluctuations and is considered to be riskier than POTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%OctoberNovemberDecember2024FebruaryMarch
7.20%
0
TOKE
POTX