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TSNDF vs. TCNNF
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

TSNDF vs. TCNNF - Performance Comparison

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

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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*

TCNNF

1D
0.00%
1M
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

TSNDF vs. TCNNF - Yearly Performance Comparison


2026 (YTD)
TSNDF
TerrAscend Corp
-14.35%
TCNNF
Trulieve Cannabis Corp
-5.71%

Correlation

The correlation between TSNDF and TCNNF is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 8, 2026

0.34

Fundamentals

Market Cap

TSNDF:

$197.77M

TCNNF:

$2.28B

EPS

TSNDF:

-$0.27

TCNNF:

-$0.42

PS Ratio

TSNDF:

0.76

TCNNF:

1.90

PB Ratio

TSNDF:

2.17

TCNNF:

1.99

Total Revenue (TTM)

TSNDF:

$255.10M

TCNNF:

$1.17B

Gross Profit (TTM)

TSNDF:

$134.12M

TCNNF:

$670.85M

EBITDA (TTM)

TSNDF:

$40.73M

TCNNF:

$276.20M

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Return for Risk

TSNDF vs. TCNNF — Risk / Return Rank

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

TSNDF
TSNDF Risk / Return Rank: 7777
Overall Rank
TSNDF Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
TSNDF Sortino Ratio Rank: 8383
Sortino Ratio Rank
TSNDF Omega Ratio Rank: 8080
Omega Ratio Rank
TSNDF Calmar Ratio Rank: 7979
Calmar Ratio Rank
TSNDF Martin Ratio Rank: 7272
Martin Ratio Rank

TCNNF

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. TCNNF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TerrAscend Corp (TSNDF) and Trulieve Cannabis Corp (TCNNF). 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.


TSNDFTCNNFDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.30

Calmar ratioReturn relative to maximum drawdown

2.35

Martin ratioReturn relative to average drawdown

3.88

TSNDF vs. TCNNF - Sharpe Ratio Comparison


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Drawdowns

TSNDF vs. TCNNF - Drawdown Comparison

The maximum TSNDF drawdown since its inception was -98.47%, which is greater than TCNNF's maximum drawdown of -11.15%. Use the drawdown chart below to compare losses from any high point for TSNDF and TCNNF.


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Drawdown Indicators


TSNDFTCNNFDifference

Max Drawdown

Largest peak-to-trough decline

-98.47%

-11.15%

-87.32%

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%

-11.15%

-84.76%

Average Drawdown

Average peak-to-trough decline

-66.79%

-10.14%

-56.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

40.47%

Volatility

TSNDF vs. TCNNF - Volatility Comparison


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Volatility by Period


TSNDFTCNNFDifference

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%

63.42%

+108.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

107.16%

63.42%

+43.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

94.95%

63.42%

+31.53%

Dividends

TSNDF vs. TCNNF - Dividend Comparison

Neither TSNDF nor TCNNF has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

TSNDF vs. TCNNF - Financials Comparison

This section allows you to compare key financial metrics between TerrAscend Corp and Trulieve Cannabis Corp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00M100.00M150.00M200.00M250.00M300.00M350.00M20222023202420252026
65.54M
286.75M
(TSNDF) Total Revenue
(TCNNF) Total Revenue
Values in USD except per share items

TSNDF vs. TCNNF - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%20222023202420252026
52.8%
59.3%
Portfolio components
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%.

TCNNF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported a gross profit of 170.08M and revenue of 286.75M. Therefore, the gross margin over that period was 59.3%.

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%.

TCNNF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported an operating income of 35.73M and revenue of 286.75M, resulting in an operating margin of 12.5%.

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%.

TCNNF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trulieve Cannabis Corp reported a net income of 2.41M and revenue of 286.75M, resulting in a net margin of 0.8%.


Frequently Asked Questions


TSNDF and TCNNF have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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