BE vs. IREN
BE (Bloom Energy Corporation) and IREN (IREN Limited) are both stocks. BE operates in Electrical Equipment & Parts (Industrials), while IREN operates in Capital Markets (Financial Services). Over the past 3 years, BE returned 145.16%/yr vs 155.58%/yr for IREN. At a 0.39 correlation, their price movements are largely independent.
Performance
BE vs. IREN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BE achieves a 199.48% return, which is significantly higher than IREN's 58.25% return.
BE
- 1D
- 4.56%
- 1M
- -10.19%
- YTD
- 199.48%
- 6M
- 173.97%
- 1Y
- 1,069.53%
- 3Y*
- 145.16%
- 5Y*
- 59.08%
- 10Y*
- —
IREN
- 1D
- 5.40%
- 1M
- 8.34%
- YTD
- 58.25%
- 6M
- 48.94%
- 1Y
- 487.71%
- 3Y*
- 155.58%
- 5Y*
- —
- 10Y*
- —
BE vs. IREN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BE Bloom Energy Corporation | 199.48% | 291.22% | 50.07% | -22.59% | -12.81% | -29.17% |
IREN IREN Limited | 58.25% | 284.62% | 37.34% | 472.00% | -92.27% | -42.25% |
Correlation
The correlation between BE and IREN is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021 | 0.39 |
Fundamentals
BE:
$0.02
IREN:
$0.45
BE:
11.33K
IREN:
131.80
BE:
27.91
IREN:
13.39
BE:
$2.45B
IREN:
$757.07M
BE:
$761.91M
IREN:
$433.88M
BE:
$88.83M
IREN:
-$173.05M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BE vs. IREN — Risk / Return Rank
BE
IREN
BE vs. IREN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bloom Energy Corporation (BE) 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.
| BE | IREN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.28 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.42 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 23.53 | 8.39 | +15.14 |
| Martin ratioReturn relative to average drawdown | 73.01 | 15.97 | +57.04 |
Loading charts...
Drawdowns
BE vs. IREN - Drawdown Comparison
The maximum BE drawdown since its inception was -92.54%, roughly equal to the maximum IREN drawdown of -96.21%. Use the drawdown chart below to compare losses from any high point for BE and IREN.
Loading charts...
Drawdown Indicators
| BE | IREN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.54% | -96.21% | +3.67% |
Max Drawdown (1Y)Largest decline over 1 year | -45.94% | -58.62% | +12.68% |
Max Drawdown (3Y)Largest decline over 3 years | -53.42% | -65.56% | +12.14% |
Max Drawdown (5Y)Largest decline over 5 years | -75.87% | — | — |
Current DrawdownCurrent decline from peak | -15.48% | -21.78% | +6.30% |
Average DrawdownAverage peak-to-trough decline | -51.91% | -65.42% | +13.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.78% | 30.74% | -15.96% |
Volatility
BE vs. IREN - Volatility Comparison
The current volatility for Bloom Energy Corporation (BE) is 27.74%, while IREN Limited (IREN) has a volatility of 34.10%. This indicates that BE 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.
Loading charts...
Volatility by Period
| BE | IREN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.74% | 34.10% | -6.36% |
Volatility (6M)Calculated over the trailing 6-month period | 75.65% | 75.79% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 107.62% | 103.25% | +4.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.95% | 118.61% | -32.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.68% | 118.61% | -22.93% |
Dividends
BE vs. IREN - Dividend Comparison
Neither BE nor IREN has paid dividends to shareholders.
Financials
BE vs. IREN - Financials Comparison
This section allows you to compare key financial metrics between Bloom Energy Corporation and IREN Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BE and IREN have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IREN has higher volatility (34.10%) compared to BE (27.74%). In terms of maximum drawdown, BE dropped -92.54% vs IREN's -96.21%.
BE currently has the higher Sharpe Ratio (10.05 vs 4.76), 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.
Find the right allocation for BE and IREN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer