TSNDF vs. CURLF

Last updated Jun 23, 2026

TSNDF (TerrAscend Corp) and CURLF (Curaleaf Holdings, Inc.) are both stocks. Both operate in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector. At a correlation of -0.40, they often move in opposite directions.

Performance

TSNDF vs. CURLF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TerrAscend Corp (TSNDF) and Curaleaf Holdings, Inc. (CURLF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TSNDF

• 1D: -7.10%
• 1M: -1.38%
• YTD: -10.97%
• 6M: -11.76%
• 1Y: 156.40%
• 3Y*: -26.98%
• 5Y*: -42.10%
• 10Y*: —

CURLF

• 1D: -66.67%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSNDF vs. CURLF - Yearly Performance Comparison

	2026 (YTD)
TSNDF TerrAscend Corp	-10.84%
CURLF Curaleaf Holdings, Inc.	-66.67%

Correlation

The correlation between TSNDF and CURLF is -0.40, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2026	-0.40

Fundamentals

Market Cap TSNDF : $197.77M CURLF : $2.82B
EPS TSNDF : -$0.27 CURLF : -$0.13
PS Ratio TSNDF : 0.76 CURLF : 2.15
PB Ratio TSNDF : 2.17 CURLF : 3.43
Total Revenue (TTM) TSNDF : $255.10M CURLF : $1.30B
Gross Profit (TTM) TSNDF : $134.12M CURLF : $528.91M
EBITDA (TTM) TSNDF : $40.73M CURLF : $188.46M

Return for Risk

TSNDF vs. CURLF — Risk / Return Rank

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

TSNDF

TSNDF Risk / Return Rank: 77
TSNDF Sharpe Ratio Rank: 71
TSNDF Sortino Ratio Rank: 83
TSNDF Omega Ratio Rank: 80
TSNDF Calmar Ratio Rank: 79
TSNDF Martin Ratio Rank: 72

CURLF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

TSNDF vs. CURLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TerrAscend Corp (TSNDF) and Curaleaf Holdings, Inc. (CURLF). 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.

	TSNDF	CURLF	Difference
Sharpe ratio: Return per unit of total volatility	0.92	—	—
Sortino ratio: Return per unit of downside risk	2.44	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.35	—	—
Martin ratio: Return relative to average drawdown	3.88	—	—

Drawdowns

TSNDF vs. CURLF - Drawdown Comparison

The maximum TSNDF drawdown since its inception was -98.47%, which is greater than CURLF's maximum drawdown of -66.67%. Use the drawdown chart below to compare losses from any high point for TSNDF and CURLF.

Drawdown Indicators

	TSNDF	CURLF	Difference
Max Drawdown Largest peak-to-trough decline	-98.47%	-66.67%	-31.80%
Max Drawdown (1Y) Largest decline over 1 year	-66.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-89.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-97.90%	—	—
Current Drawdown Current decline from peak	-95.91%	-66.67%	-29.24%
Average Drawdown Average peak-to-trough decline	-66.79%	-66.67%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.47%	—	—

Volatility

Volatility by Period

	TSNDF	CURLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	100.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	171.48%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.16%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.95%	—	—

Dividends

TSNDF vs. CURLF - Dividend Comparison

Neither TSNDF nor CURLF has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

TSNDF vs. CURLF - Profitability Comparison

The chart below illustrates the profitability comparison between TerrAscend Corp and Curaleaf Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TSNDF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TerrAscend Corp reported a gross profit of 34.60M and revenue of 65.54M. Therefore, the gross margin over that period was 52.8%.

CURLF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Curaleaf Holdings, Inc. reported a gross profit of 121.91M and revenue of 319.74M. Therefore, the gross margin over that period was 38.1%.

TSNDF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TerrAscend Corp reported an operating income of 11.52M and revenue of 65.54M, resulting in an operating margin of 17.6%.

CURLF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Curaleaf Holdings, Inc. reported an operating income of 742.57K and revenue of 319.74M, resulting in an operating margin of 0.2%.

TSNDF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TerrAscend Corp reported a net income of -8.00M and revenue of 65.54M, resulting in a net margin of -12.2%.

CURLF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Curaleaf Holdings, Inc. reported a net income of 68.83M and revenue of 319.74M, resulting in a net margin of 21.5%.

Frequently Asked Questions

Can I hold both TSNDF and CURLF in my portfolio?

TSNDF and CURLF have a correlation of -0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.