Roundhill Cannabis ETF (WEED) Performance
WEED total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.2% since Dec 31, 2025
- 1 year
- −6.3% total return
- 3 years
- −11.3% a year
- Since first price
- −26.6% a year since 2022
WEED trailing returns vs SPY, QQQ, AGG
| Period | WEED total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −24.3% | −24.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.5% | −2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.3% | +0.3% | +7.8% | +8.4% | −1.5% |
| YTD | −6.2% | −6.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −6.3% | −6.3% | +14.4% | +15.9% | −1.1% |
| 3 years | −30.2%−11.3%/yr | −30.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionApr 20, 2022 | −75.2%−26.6%/yr | −75.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: WEED vs SPY
From Apr 20, 2022: WEED grew to $2,475, SPY to $18,151.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
WEED returns by calendar year
2 of 3 full years positive. Best 2025 (+19.4%), worst 2024 (−44.9%). 2026 is year to date.
WEED annual returns table
| Year | WEED | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.2% | −37.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +19.4% | −48.2% | +17.7% | +20.8% | +7.2% |
| 2024 | −44.9% | −68.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +0.9% | −46.0% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
WEED largest drawdowns
Now 75.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 20, 2022 | −88.1% | Jun 23, 2025 | not yet | 3.2 years | 4.5 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
WEED risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | −14.1% | −22.8% |
| Volatility (annualized) | 88.5% | 79.7% |
| Sharpe ratio | 0.14 | -0.03 |
| Sortino ratio | 0.27 | -0.05 |
| Best month | +99.0% | +99.0% |
| Worst month | −32.7% | −38.5% |
| Best 12 months | +119.5% | +122.7% |
| Worst 12 months | −74.8% | −74.8% |
| Positive months | 39% | 43% |
| Beta vs S&P 500 | 1.22 | — |
| Correlation with S&P 500 | 0.17 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
WEED rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 43 | −74.8% | −10.0% | +122.7% | 42% |
| 3-year (a year) | 19 | −44.3% | −14.9% | +1.3% | 5% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
WEED performance overview
Roundhill Cannabis ETF (WEED) returned −6.3% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned −26.6% a year, turning $10,000 into about $2,475. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −88.1%, from Apr 20, 2022 to Jun 23, 2025; the fund has not yet regained that high. WEED finished 2 of its 3 full calendar years with a gain; the best year was 2025 (+19.4%) and the worst 2024 (−44.9%). Volatility has been 79.7% a year.
Related: WEED chart. See the WEED overview for the latest quote and fund facts.
WEED performance FAQ
What is the WEED return over the past year?
WEED returned −6.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.3%.
How much would $10,000 invested in WEED be worth?
$10,000 invested in WEED at its first recorded close on April 20, 2022 would be worth about $2,475 on October 23, 2026 with distributions reinvested.
What was the worst year for WEED?
The worst calendar year was 2024, with a total return of −44.9%. The best was 2025 at +19.4%.
What is the biggest drawdown of WEED?
The largest peak-to-trough decline was −88.1% between April 20, 2022 and June 23, 2025. It has not yet recovered to that high; it is 75.2% below its peak.
How volatile is WEED?
Over the past 3 years WEED had an annualized volatility of 88.5% and a Sharpe ratio of 0.14 (excess return over 1–3 month T-bills per unit of risk).