WEED vs. CURLF

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill Cannabis ETF (WEED) and Curaleaf Holdings, Inc. (CURLF).

WEED is an actively managed fund by Roundhill. It was launched on Apr 19, 2022.

Performance

WEED vs. CURLF - Performance Comparison

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

WEED vs. CURLF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WEED Roundhill Cannabis ETF	-23.72%	19.40%	-44.93%	0.87%	-60.22%
CURLF Curaleaf Holdings, Inc.	-15.08%	61.54%	-61.58%	-5.52%	-30.01%

Returns By Period

In the year-to-date period, WEED achieves a -23.72% return, which is significantly lower than CURLF's -15.08% return.

WEED

• 1D: 12.68%
• 1M: -7.71%
• YTD: -23.72%
• 6M: -26.88%
• 1Y: 37.27%
• 3Y*: -13.04%
• 5Y*: —
• 10Y*: —

CURLF

• 1D: 13.23%
• 1M: -8.15%
• YTD: -15.08%
• 6M: -23.30%
• 1Y: 135.16%
• 3Y*: -8.68%
• 5Y*: -32.38%
• 10Y*: —

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

Return for Risk

WEED vs. CURLF — Risk / Return Rank

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

WEED

WEED Risk / Return Rank: 33
WEED Sharpe Ratio Rank: 21
WEED Sortino Ratio Rank: 55
WEED Omega Ratio Rank: 42
WEED Calmar Ratio Rank: 27
WEED Martin Ratio Rank: 20

CURLF

CURLF Risk / Return Rank: 77
CURLF Sharpe Ratio Rank: 77
CURLF Sortino Ratio Rank: 83
CURLF Omega Ratio Rank: 78
CURLF Calmar Ratio Rank: 77
CURLF Martin Ratio Rank: 72

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 vs. CURLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Cannabis ETF (WEED) 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.

	WEED	CURLF	Difference
Sharpe ratio Return per unit of total volatility	0.34	1.10	-0.76
Sortino ratio Return per unit of downside risk	1.46	2.24	-0.78
Omega ratio Gain probability vs. loss probability	1.17	1.27	-0.10
Calmar ratio Return relative to maximum drawdown	0.65	1.91	-1.26
Martin ratio Return relative to average drawdown	1.28	3.80	-2.52
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 vs. CURLF - Sharpe Ratio Comparison

The current WEED Sharpe Ratio is 0.34, which is lower than the CURLF Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of WEED and CURLF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WEED	CURLF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	1.10	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.41	-0.15	-0.26

Correlation

The correlation between WEED and CURLF is 0.86, 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.

Dividends

WEED vs. CURLF - Dividend Comparison

Neither WEED nor CURLF has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

WEED vs. CURLF - Drawdown Comparison

The maximum WEED drawdown since its inception was -88.07%, smaller than the maximum CURLF drawdown of -95.70%. Use the drawdown chart below to compare losses from any high point for WEED and CURLF.

Drawdown Indicators

	WEED	CURLF	Difference
Max Drawdown Largest peak-to-trough decline	-88.07%	-95.70%	+7.63%
Max Drawdown (1Y) Largest decline over 1 year	-54.01%	-59.79%	+5.78%
Max Drawdown (5Y) Largest decline over 5 years	—	-95.16%	—
Current Drawdown Current decline from peak	-79.88%	-87.49%	+7.61%
Average Drawdown Average peak-to-trough decline	-62.26%	-57.72%	-4.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.38%	30.01%	-2.63%

Volatility

WEED vs. CURLF - Volatility Comparison

Roundhill Cannabis ETF (WEED) and Curaleaf Holdings, Inc. (CURLF) have volatilities of 22.82% and 22.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEED	CURLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.82%	22.79%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	79.66%	83.75%	-4.09%
Volatility (1Y) Calculated over the trailing 1-year period	109.98%	124.40%	-14.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.88%	85.28%	-3.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.88%	83.15%	-1.27%