ALMU vs. IREN

Last updated Aug 1, 2026

ALMU (Aeluma, Inc) and IREN (IREN Limited) are both stocks. ALMU operates in Semiconductors (Technology), while IREN operates in Capital Markets (Financial Services). Over the past 3 years, ALMU returned 61.16%/yr vs 80.67%/yr for IREN. Their 0.15 correlation means their historical movements had little consistent relationship.

Performance

ALMU vs. IREN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aeluma, Inc (ALMU) and IREN Limited (IREN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALMU achieves a -5.65% return, which is significantly lower than IREN's -2.57% return.

ALMU

• 1D: 5.68%
• 1M: -14.06%
• 6M: 2.60%
• YTD: -5.65%
• 1Y: -22.19%
• 3Y*: 61.16%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 75.89%

IREN

• 1D: -3.82%
• 1M: -5.20%
• 6M: -31.52%
• YTD: -2.57%
• 1Y: 138.96%
• 3Y*: 80.67%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.99%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ALMU Aeluma, Inc	$7.67M	$8.40M	$26.37M
IREN IREN Limited	$2.07B	$1.84B	$2.53B

ALMU vs. IREN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ALMU Aeluma, Inc	-5.65%	124.44%	163.79%	38.10%	5.00%
IREN IREN Limited	-2.57%	284.62%	37.34%	472.00%	-48.13%

Correlation

The correlation between ALMU and IREN is 0.29, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.29
Correlation (3Y) Balances recent behavior with more history.	0.17
Correlation (All Time) Calculated using the full available price history since Nov 16, 2022	0.15

The correlation between ALMU and IREN shifts across timeframes, from 0.15 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ALMU : $296.55M IREN : $13.13B
EPS ALMU : -$0.35 IREN : $0.51
PS Ratio ALMU : 53.39 IREN : 7.33
Total Revenue (TTM) ALMU : $5.20M IREN : $757.07M
Gross Profit (TTM) ALMU : $2.17M IREN : $433.88M
EBITDA (TTM) ALMU : -$6.01M IREN : -$173.05M

Return for Risk

ALMU vs. IREN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ALMU

ALMU Risk / Return Rank: 36
ALMU Sharpe Ratio Rank: 34
ALMU Sortino Ratio Rank: 48
ALMU Omega Ratio Rank: 46
ALMU Calmar Ratio Rank: 27
ALMU Martin Ratio Rank: 26

IREN

IREN Risk / Return Rank: 78
IREN Sharpe Ratio Rank: 79
IREN Sortino Ratio Rank: 81
IREN Omega Ratio Rank: 75
IREN Calmar Ratio Rank: 80
IREN Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ALMU vs. IREN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aeluma, Inc (ALMU) and IREN Limited (IREN). 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.

	ALMU	IREN	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	1.15	-1.37
Sortino ratio: Return per unit of downside risk	0.56	2.11	-1.56
Omega ratio: Gain probability vs. loss probability	1.06	1.23	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.49	2.10	-2.58
Martin ratio: Return relative to average drawdown	-0.89	3.73	-4.62

ALMU vs. IREN - Sharpe Ratio Comparison

The current ALMU Sharpe Ratio is -0.22, which is lower than the IREN Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of ALMU and IREN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ALMU vs. IREN - Drawdown Comparison

The maximum ALMU drawdown since its inception was -55.37%, smaller than the maximum IREN drawdown of -96.21%. Use the drawdown chart below to compare losses from any high point for ALMU and IREN.

Drawdown Indicators

	ALMU	IREN	Difference
Max Drawdown Largest peak-to-trough decline	-55.37%	-96.21%	+40.84%
Max Drawdown (1Y) Largest decline over 1 year	-54.94%	-61.64%	+6.70%
Max Drawdown (3Y) Largest decline over 3 years	-55.37%	-65.56%	+10.19%
Current Drawdown Current decline from peak	-48.56%	-51.84%	+3.28%
Average Drawdown Average peak-to-trough decline	-24.13%	-64.79%	+40.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.32%	34.57%	-4.25%

Volatility

ALMU vs. IREN - Volatility Comparison

The current volatility for Aeluma, Inc (ALMU) is 27.00%, while IREN Limited (IREN) has a volatility of 45.35%. This indicates that ALMU experiences smaller price fluctuations and is considered to be less risky than IREN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALMU	IREN	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.00%	45.35%	-18.35%
Volatility (6M) Calculated over the trailing 6-month period	94.94%	79.91%	+15.03%
Volatility (1Y) Calculated over the trailing 1-year period	124.20%	111.95%	+12.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	122.72%	119.14%	+3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	122.72%	119.14%	+3.58%

Dividends

ALMU vs. IREN - Dividend Comparison

Neither ALMU nor IREN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ALMU and IREN in my portfolio?

ALMU and IREN have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALMU or IREN?

IREN has higher volatility (45.35%) compared to ALMU (27.00%). In terms of maximum drawdown, ALMU dropped -55.37% vs IREN's -96.21%.

Which has better risk-adjusted returns?

IREN currently has the higher Sharpe Ratio (1.15 vs -0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.