TPB vs. HOOD

Last updated Jun 3, 2026

TPB (Turning Point Brands, Inc.) and HOOD (Robinhood Markets, Inc.) are both stocks. TPB operates in Tobacco (Consumer Defensive), while HOOD operates in Software - Infrastructure (Technology). Over the past 3 years, TPB returned 56.13%/yr vs 111.34%/yr for HOOD. At a 0.22 correlation, their price movements are largely independent.

Performance

TPB vs. HOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Turning Point Brands, Inc. (TPB) and Robinhood Markets, Inc. (HOOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TPB achieves a -23.87% return, which is significantly lower than HOOD's -22.05% return.

TPB

• 1D: 0.46%
• 1M: -0.18%
• YTD: -23.87%
• 6M: -15.64%
• 1Y: 9.63%
• 3Y*: 56.13%
• 5Y*: 14.86%
• 10Y*: 23.53%

HOOD

• 1D: -2.83%
• 1M: 19.69%
• YTD: -22.05%
• 6M: -30.00%
• 1Y: 29.69%
• 3Y*: 111.34%
• 5Y*: —
• 10Y*: —

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

TPB vs. HOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TPB Turning Point Brands, Inc.	-23.87%	81.04%	130.09%	23.06%	-42.19%	-26.88%
HOOD Robinhood Markets, Inc.	-22.05%	203.54%	192.46%	56.51%	-54.17%	-48.99%

Correlation

The correlation between TPB and HOOD is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 30, 2021	0.22

The correlation between TPB and HOOD shifts across timeframes, from 0.05 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TPB : $1.61B HOOD : $80.67B
EPS TPB : $3.04 HOOD : $2.07
PE Ratio TPB : 27.16 HOOD : 42.61
PEG Ratio TPB : 0.49 HOOD : 0.00
PS Ratio TPB : 3.26 HOOD : 20.66
PB Ratio TPB : 4.17 HOOD : 8.33
Total Revenue (TTM) TPB : $480.90M HOOD : $3.91B
Gross Profit (TTM) TPB : $273.00M HOOD : $2.86B
EBITDA (TTM) TPB : $102.45M HOOD : $1.80B

Return for Risk

TPB vs. HOOD — Risk / Return Rank

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

TPB

TPB Risk / Return Rank: 46
TPB Sharpe Ratio Rank: 47
TPB Sortino Ratio Rank: 44
TPB Omega Ratio Rank: 47
TPB Calmar Ratio Rank: 45
TPB Martin Ratio Rank: 47

HOOD

HOOD Risk / Return Rank: 54
HOOD Sharpe Ratio Rank: 55
HOOD Sortino Ratio Rank: 56
HOOD Omega Ratio Rank: 53
HOOD Calmar Ratio Rank: 54
HOOD Martin Ratio Rank: 51

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.

TPB vs. HOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Turning Point Brands, Inc. (TPB) and Robinhood Markets, Inc. (HOOD). 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.

	TPB	HOOD	Difference
Sharpe ratio Return per unit of total volatility	0.19	0.44	-0.25
Sortino ratio Return per unit of downside risk	0.58	1.10	-0.52
Omega ratio Gain probability vs. loss probability	1.10	1.13	-0.04
Calmar ratio Return relative to maximum drawdown	0.22	0.58	-0.36
Martin ratio Return relative to average drawdown	0.54	1.08	-0.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPB vs. HOOD - Sharpe Ratio Comparison

The current TPB Sharpe Ratio is 0.19, which is lower than the HOOD Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of TPB and HOOD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TPB	HOOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.19	0.44	-0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.29	+0.21

Drawdowns

TPB vs. HOOD - Drawdown Comparison

The maximum TPB drawdown since its inception was -72.75%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for TPB and HOOD.

Drawdown Indicators

	TPB	HOOD	Difference
Max Drawdown Largest peak-to-trough decline	-72.75%	-90.21%	+17.46%
Max Drawdown (1Y) Largest decline over 1 year	-50.58%	-57.26%	+6.68%
Max Drawdown (3Y) Largest decline over 3 years	-50.58%	-57.26%	+6.68%
Max Drawdown (5Y) Largest decline over 5 years	-63.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-72.75%	—	—
Current Drawdown Current decline from peak	-42.28%	-42.17%	-0.11%
Average Drawdown Average peak-to-trough decline	-28.69%	-61.00%	+32.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.99%	30.74%	-9.75%

Volatility

TPB vs. HOOD - Volatility Comparison

The current volatility for Turning Point Brands, Inc. (TPB) is 13.84%, while Robinhood Markets, Inc. (HOOD) has a volatility of 20.23%. This indicates that TPB experiences smaller price fluctuations and is considered to be less risky than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPB	HOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.84%	20.23%	-6.39%
Volatility (6M) Calculated over the trailing 6-month period	44.93%	49.83%	-4.90%
Volatility (1Y) Calculated over the trailing 1-year period	50.61%	68.38%	-17.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.21%	73.97%	-31.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.17%	73.97%	-25.80%

Dividends

TPB vs. HOOD - Dividend Comparison

TPB's dividend yield for the trailing twelve months is around 0.37%, while HOOD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOOD Robinhood Markets, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TPB Turning Point Brands, Inc.	0.37%	0.28%	0.47%	0.99%	1.11%	0.58%	0.45%	0.63%	0.61%	0.19%

Financials

TPB vs. HOOD - Profitability Comparison

The chart below illustrates the profitability comparison between Turning Point Brands, Inc. and Robinhood Markets, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TPB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Turning Point Brands, Inc. reported a gross profit of 68.30M and revenue of 124.28M. Therefore, the gross margin over that period was 55.0%.

HOOD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a gross profit of 0.00 and revenue of 359.00M. Therefore, the gross margin over that period was 0.0%.

TPB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Turning Point Brands, Inc. reported an operating income of 12.48M and revenue of 124.28M, resulting in an operating margin of 10.1%.

HOOD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported an operating income of 0.00 and revenue of 359.00M, resulting in an operating margin of 0.0%.

TPB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Turning Point Brands, Inc. reported a net income of 13.94M and revenue of 124.28M, resulting in a net margin of 11.2%.

HOOD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Robinhood Markets, Inc. reported a net income of 346.00M and revenue of 359.00M, resulting in a net margin of 96.4%.

Frequently Asked Questions

Can I hold both TPB and HOOD in my portfolio?

TPB and HOOD have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TPB or HOOD?

HOOD has higher volatility (20.23%) compared to TPB (13.84%). In terms of maximum drawdown, TPB dropped -72.75% vs HOOD's -90.21%.

Which has better risk-adjusted returns?

HOOD currently has the higher Sharpe Ratio (0.44 vs 0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.