WEED.TO vs. YOLO

Last updated Jun 5, 2026

WEED.TO (Canopy Growth Corporation) is a stock, while YOLO (AdvisorShares Pure Cannabis ETF) is Cannabis fund actively managed by AdvisorShares. Over the past 5 years, WEED.TO returned -65.32%/yr vs -28.57%/yr for YOLO. A 0.67 correlation means they provide meaningful diversification when combined.

Performance

WEED.TO vs. YOLO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Canopy Growth Corporation (WEED.TO) and AdvisorShares Pure Cannabis ETF (YOLO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WEED.TO is traded in CAD, while YOLO is traded in USD. To make them comparable, the YOLO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, WEED.TO achieves a -5.77% return, which is significantly lower than YOLO's -3.66% return.

WEED.TO

• 1D: 2.80%
• 1M: -7.55%
• YTD: -5.77%
• 6M: -8.13%
• 1Y: -20.97%
• 3Y*: -48.08%
• 5Y*: -65.32%
• 10Y*: -25.00%

YOLO

• 1D: 3.02%
• 1M: -1.32%
• YTD: -3.66%
• 6M: 8.15%
• 1Y: 64.46%
• 3Y*: 8.78%
• 5Y*: -28.57%
• 10Y*: —

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

WEED.TO vs. YOLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WEED.TO Canopy Growth Corporation	-5.77%	-60.41%	-41.72%	-78.47%	-71.56%	-64.75%	14.68%	-54.21%
YOLO AdvisorShares Pure Cannabis ETF	-3.66%	30.11%	-10.75%	-16.97%	-70.23%	-21.20%	44.68%	-51.51%

Correlation

The correlation between WEED.TO and YOLO is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Apr 22, 2019	0.67

The correlation between WEED.TO and YOLO has been stable across timeframes, ranging from 0.62 to 0.70 - a consistent structural relationship.

Return for Risk

WEED.TO vs. YOLO — Risk / Return Rank

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

WEED.TO

WEED.TO Risk / Return Rank: 37
WEED.TO Sharpe Ratio Rank: 34
WEED.TO Sortino Ratio Rank: 44
WEED.TO Omega Ratio Rank: 42
WEED.TO Calmar Ratio Rank: 31
WEED.TO Martin Ratio Rank: 33

YOLO

YOLO Risk / Return Rank: 30
YOLO Sharpe Ratio Rank: 24
YOLO Sortino Ratio Rank: 36
YOLO Omega Ratio Rank: 33
YOLO Calmar Ratio Rank: 32
YOLO Martin Ratio Rank: 23

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.

WEED.TO vs. YOLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canopy Growth Corporation (WEED.TO) and AdvisorShares Pure Cannabis ETF (YOLO). 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.

	WEED.TO	YOLO	Difference
Sharpe ratio: Return per unit of total volatility	-0.16	0.87	-1.04
Sortino ratio: Return per unit of downside risk	0.55	1.87	-1.32
Omega ratio: Gain probability vs. loss probability	1.06	1.22	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.31	1.60	-1.91
Martin ratio: Return relative to average drawdown	-0.48	2.92	-3.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WEED.TO vs. YOLO - Sharpe Ratio Comparison

The current WEED.TO Sharpe Ratio is -0.16, which is lower than the YOLO Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of WEED.TO and YOLO, 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

	WEED.TO	YOLO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.16	0.87	-1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.54	-0.54	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	-0.46	+0.46

Drawdowns

WEED.TO vs. YOLO - Drawdown Comparison

The maximum WEED.TO drawdown since its inception was -99.84%, which is greater than YOLO's maximum drawdown of -94.03%. Use the drawdown chart below to compare losses from any high point for WEED.TO and YOLO.

Drawdown Indicators

	WEED.TO	YOLO	Difference
Max Drawdown Largest peak-to-trough decline	-99.84%	-94.03%	-5.81%
Max Drawdown (1Y) Largest decline over 1 year	-54.72%	-40.50%	-14.22%
Max Drawdown (3Y) Largest decline over 3 years	-94.91%	-65.27%	-29.64%
Max Drawdown (5Y) Largest decline over 5 years	-99.63%	-91.22%	-8.41%
Max Drawdown (10Y) Largest decline over 10 years	-99.84%	—	—
Current Drawdown Current decline from peak	-99.80%	-87.82%	-11.98%
Average Drawdown Average peak-to-trough decline	-60.10%	-68.86%	+8.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.40%	22.11%	+13.29%

Volatility

WEED.TO vs. YOLO - Volatility Comparison

Canopy Growth Corporation (WEED.TO) has a higher volatility of 14.65% compared to AdvisorShares Pure Cannabis ETF (YOLO) at 12.94%. This indicates that WEED.TO's price experiences larger fluctuations and is considered to be riskier than YOLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEED.TO	YOLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.65%	12.94%	+1.71%
Volatility (6M) Calculated over the trailing 6-month period	65.53%	52.26%	+13.27%
Volatility (1Y) Calculated over the trailing 1-year period	104.58%	74.18%	+30.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	122.27%	52.75%	+69.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.20%	50.04%	+52.16%

Dividends

WEED.TO vs. YOLO - Dividend Comparison

Neither WEED.TO nor YOLO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
WEED.TO Canopy Growth Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YOLO AdvisorShares Pure Cannabis ETF	0.00%	0.00%	3.57%	1.17%	0.55%	3.93%	2.03%	4.52%

Frequently Asked Questions

Can I hold both WEED.TO and YOLO in my portfolio?

WEED.TO and YOLO have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.