CGC vs SPY

Comparison between Canopy Growth Corporation (CGC, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed CGC, delivering a return of +13.3% compared to -66.4%

CGC vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CGC(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$394M	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	99.85%	56.47%
Sharpe Ratio	0.23	1.62
5Y Beta	1.68	1.00
Industry	Drug Manufacturers - Specialty & Generic	N/A
P/E Ratio	-0.96	28.99
Forward P/E	20.37	22.37
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	26.05%
Debt to Equity	29.68%	32.40%
Free Cash Flow Yield	-15.59%	N/A
P/S Ratio	1.76	3.74
P/B Ratio	0.84	5.61

Market Cap / Net Assets

CGC

$394M

Winner

SPY

$735B

Expense Ratio

CGC

N/A

SPY

0.09%

Max Drawdown

CGC

99.85%

Winner

SPY

56.47%

Sharpe Ratio

CGC

0.23

Winner

SPY

1.62

5Y Beta

CGC

1.68

Winner

SPY

1.00

Industry

CGC

Drug Manufacturers - Specialty & Generic

SPY

N/A

P/E Ratio

Winner

CGC

-0.96

SPY

28.99

Forward P/E

Winner

CGC

20.37

SPY

22.37

5Y Dividends CAGR

CGC

N/A

SPY

5.43%

5Y EPS CAGR

CGC

N/A

SPY

26.05%

Debt to Equity

Winner

CGC

29.68%

SPY

32.40%

Free Cash Flow Yield

CGC

-15.59%

SPY

N/A

P/S Ratio

Winner

CGC

1.76

SPY

3.74

P/B Ratio

Winner

CGC

0.84

SPY

5.61

CGC vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	CGC	SPY
1 month	-4.63%	+1.90%
3 months	-0.96%	+8.55%
6 months	-10.43%	+8.18%
1 year	-24.82%	+25.79%
5 years(CAGR)	-66.44%	+13.32%
10 years(CAGR)	-25.78%	+15.19%
Max(CAGR)	-24.80%	+8.47%

CGC

-4.63%

Winner

SPY

+1.90%

CGC

-0.96%

Winner

SPY

+8.55%

CGC

-10.43%

Winner

SPY

+8.18%

CGC

-24.82%

Winner

SPY

+25.79%

5Y(CAGR)

CGC

-66.44%

Winner

SPY

+13.32%

10Y(CAGR)

CGC

-25.78%

Winner

SPY

+15.19%

Max(CAGR)

CGC

-24.80%

Winner

SPY

+8.47%

CGC vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CGC	SPY
2026	-13.45%	+8.26%
2025	-60.42%	+18.00%
2024	-42.80%	+25.59%
2023	-77.88%	+26.72%
2022	-75.16%	-18.64%
2021	-66.58%	+30.52%
2020	+22.40%	+17.28%
2019	-27.07%	+31.09%
2018	+3.83%	-5.24%
2017	+237.95%	+20.78%
2016	+226.32%	+13.59%
2015	+24.70%	+1.31%
2014	-46.82%	+14.56%
2013	N/A	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

CGC vs SPY Drawdown Comparison

The maximum drawdown for CGC was -99.85%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current CGC drawdown is -99.82%. The current SPY drawdown is -2.90%.

Rank	CGC	SPY
#1	-99.85% Oct 15, 2018 - Apr 8, 2025	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-68.59% Apr 8, 2014 - Oct 5, 2016	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-49.32% Nov 15, 2016 - Oct 5, 2017	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-42.88% Jan 9, 2018 - Jun 20, 2018	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-32.40% Jun 21, 2018 - Aug 20, 2018	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-18.95% Oct 20, 2016 - Nov 8, 2016	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-15.90% Sep 4, 2018 - Sep 24, 2018	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-15.47% Nov 13, 2017 - Dec 18, 2017	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-13.34% Oct 11, 2017 - Oct 30, 2017	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-13.27% Sep 25, 2018 - Oct 15, 2018	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-9.63% Jan 3, 2018 - Jan 8, 2018	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-6.74% Aug 27, 2018 - Aug 29, 2018	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-4.14% Aug 29, 2018 - Sep 4, 2018	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-3.18% Dec 19, 2017 - Dec 21, 2017	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.79% Oct 11, 2016 - Oct 17, 2016	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between CGC and SPY is -0.29 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.29

-101

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CGC vs SPY

CGC vs SPY - Performance Comparison

Key Characteristics

CGC vs SPY - Historical Returns

CGC vs SPY - Annual Returns (1999 - 2026)

CGC vs SPY Drawdown Comparison

Correlation

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