AXP vs. IREN

Last updated Jun 9, 2026

AXP (American Express Company) and IREN (IREN Limited) are both stocks. Both are in the Financial Services sector — AXP in Credit Services, IREN in Capital Markets. Over the past 3 years, AXP returned 23.52%/yr vs 153.35%/yr for IREN. At a 0.29 correlation, their price movements are largely independent.

Performance

AXP vs. IREN - Performance Comparison

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

Returns By Period

In the year-to-date period, AXP achieves a -15.13% return, which is significantly lower than IREN's 56.71% return.

AXP

• 1D: 0.53%
• 1M: -1.18%
• YTD: -15.13%
• 6M: -13.33%
• 1Y: 4.33%
• 3Y*: 23.52%
• 5Y*: 15.12%
• 10Y*: 18.65%

IREN

• 1D: 8.91%
• 1M: -3.28%
• YTD: 56.71%
• 6M: 27.73%
• 1Y: 507.08%
• 3Y*: 153.35%
• 5Y*: —
• 10Y*: —

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

AXP vs. IREN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AXP American Express Company	-15.13%	25.99%	60.32%	28.67%	-8.52%	-9.57%
IREN IREN Limited	56.71%	284.62%	37.34%	472.00%	-92.27%	-42.25%

Correlation

The correlation between AXP and IREN is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021	0.29

Fundamentals

EPS AXP : $16.23 IREN : $0.45
PE Ratio AXP : 19.25 IREN : 130.53
PS Ratio AXP : 2.62 IREN : 13.26
Total Revenue (TTM) AXP : $82.41B IREN : $757.07M
Gross Profit (TTM) AXP : $68.81B IREN : $433.88M
EBITDA (TTM) AXP : $18.41B IREN : -$173.05M

Return for Risk

AXP vs. IREN — Risk / Return Rank

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

AXP

AXP Risk / Return Rank: 44
AXP Sharpe Ratio Rank: 48
AXP Sortino Ratio Rank: 40
AXP Omega Ratio Rank: 41
AXP Calmar Ratio Rank: 47
AXP Martin Ratio Rank: 47

IREN

IREN Risk / Return Rank: 95
IREN Sharpe Ratio Rank: 99
IREN Sortino Ratio Rank: 94
IREN Omega Ratio Rank: 91
IREN Calmar Ratio Rank: 97
IREN Martin Ratio Rank: 94

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.

AXP vs. IREN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Express Company (AXP) 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.

	AXP	IREN	Difference
Sharpe ratio: Return per unit of total volatility	0.17	5.00	-4.83
Sortino ratio: Return per unit of downside risk	0.40	3.74	-3.34
Omega ratio: Gain probability vs. loss probability	1.05	1.43	-0.38
Calmar ratio: Return relative to maximum drawdown	0.18	8.73	-8.54
Martin ratio: Return relative to average drawdown	0.40	16.71	-16.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AXP vs. IREN - Sharpe Ratio Comparison

The current AXP Sharpe Ratio is 0.17, which is lower than the IREN Sharpe Ratio of 5.00. The chart below compares the historical Sharpe Ratios of AXP 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.

Sharpe Ratios by Period

	AXP	IREN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.17	5.00	-4.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.18	+0.10

Drawdowns

AXP vs. IREN - Drawdown Comparison

The maximum AXP drawdown since its inception was -83.91%, smaller than the maximum IREN drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for AXP and IREN.

Drawdown Indicators

	AXP	IREN	Difference
Max Drawdown Largest peak-to-trough decline	-83.91%	-95.73%	+11.82%
Max Drawdown (1Y) Largest decline over 1 year	-23.90%	-58.62%	+34.72%
Max Drawdown (3Y) Largest decline over 3 years	-28.76%	-65.56%	+36.80%
Max Drawdown (5Y) Largest decline over 5 years	-31.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.64%	—	—
Current Drawdown Current decline from peak	-18.42%	-22.54%	+4.12%
Average Drawdown Average peak-to-trough decline	-22.05%	-62.69%	+40.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.96%	30.55%	-19.59%

Volatility

AXP vs. IREN - Volatility Comparison

The current volatility for American Express Company (AXP) is 6.27%, while IREN Limited (IREN) has a volatility of 33.35%. This indicates that AXP 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

	AXP	IREN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.27%	33.35%	-27.08%
Volatility (6M) Calculated over the trailing 6-month period	20.03%	74.76%	-54.73%
Volatility (1Y) Calculated over the trailing 1-year period	26.27%	102.51%	-76.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.49%	118.50%	-89.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.83%	118.50%	-86.67%

Dividends

AXP vs. IREN - Dividend Comparison

AXP's dividend yield for the trailing twelve months is around 1.09%, while IREN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AXP American Express Company	1.09%	0.85%	0.91%	1.24%	1.35%	1.05%	1.42%	1.29%	1.51%	1.32%	1.61%	1.58%
IREN IREN Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both AXP and IREN in my portfolio?

AXP and IREN have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AXP or IREN?

IREN has higher volatility (33.35%) compared to AXP (6.27%). In terms of maximum drawdown, AXP dropped -83.91% vs IREN's -95.73%.

Which has better risk-adjusted returns?

IREN currently has the higher Sharpe Ratio (5.00 vs 0.17), 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.