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BITF vs. CLSK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BITF and CLSK is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

BITF vs. CLSK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitfarms Ltd. (BITF) and CleanSpark, Inc. (CLSK). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BITF:

-0.38

CLSK:

-0.41

Sortino Ratio

BITF:

0.14

CLSK:

0.05

Omega Ratio

BITF:

1.01

CLSK:

1.00

Calmar Ratio

BITF:

-0.31

CLSK:

-0.41

Martin Ratio

BITF:

-0.64

CLSK:

-0.85

Ulcer Index

BITF:

44.93%

CLSK:

43.83%

Daily Std Dev

BITF:

91.60%

CLSK:

100.74%

Max Drawdown

BITF:

-95.72%

CLSK:

-98.56%

Current Drawdown

BITF:

-87.03%

CLSK:

-86.52%

Fundamentals

Market Cap

BITF:

$639.36M

CLSK:

$2.75B

EPS

BITF:

-$0.13

CLSK:

-$1.11

PS Ratio

BITF:

3.05

CLSK:

5.11

PB Ratio

BITF:

1.05

CLSK:

1.45

Total Revenue (TTM)

BITF:

$198.73M

CLSK:

$537.40M

Gross Profit (TTM)

BITF:

-$20.29M

CLSK:

$216.54M

EBITDA (TTM)

BITF:

$46.39M

CLSK:

$45.48M

Returns By Period

In the year-to-date period, BITF achieves a -22.82% return, which is significantly lower than CLSK's 6.19% return.


BITF

YTD

-22.82%

1M

37.61%

6M

-48.89%

1Y

-34.29%

5Y*

25.55%

10Y*

N/A

CLSK

YTD

6.19%

1M

30.23%

6M

-30.29%

1Y

-38.99%

5Y*

42.28%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

BITF vs. CLSK — Risk-Adjusted Performance Rank

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

BITF
The Risk-Adjusted Performance Rank of BITF is 3535
Overall Rank
The Sharpe Ratio Rank of BITF is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of BITF is 3939
Sortino Ratio Rank
The Omega Ratio Rank of BITF is 3939
Omega Ratio Rank
The Calmar Ratio Rank of BITF is 3030
Calmar Ratio Rank
The Martin Ratio Rank of BITF is 3636
Martin Ratio Rank

CLSK
The Risk-Adjusted Performance Rank of CLSK is 3131
Overall Rank
The Sharpe Ratio Rank of CLSK is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of CLSK is 3737
Sortino Ratio Rank
The Omega Ratio Rank of CLSK is 3636
Omega Ratio Rank
The Calmar Ratio Rank of CLSK is 2424
Calmar Ratio Rank
The Martin Ratio Rank of CLSK is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BITF vs. CLSK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitfarms Ltd. (BITF) and CleanSpark, Inc. (CLSK). 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.


The current BITF Sharpe Ratio is -0.38, which is comparable to the CLSK Sharpe Ratio of -0.41. The chart below compares the historical Sharpe Ratios of BITF and CLSK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BITF vs. CLSK - Dividend Comparison

Neither BITF nor CLSK has paid dividends to shareholders.


TTM2024202320222021
BITF
Bitfarms Ltd.
0.00%0.00%0.00%0.00%0.00%
CLSK
CleanSpark, Inc.
0.00%0.00%0.00%0.00%1.26%

Drawdowns

BITF vs. CLSK - Drawdown Comparison

The maximum BITF drawdown since its inception was -95.72%, roughly equal to the maximum CLSK drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for BITF and CLSK. For additional features, visit the drawdowns tool.


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Volatility

BITF vs. CLSK - Volatility Comparison

The current volatility for Bitfarms Ltd. (BITF) is 19.13%, while CleanSpark, Inc. (CLSK) has a volatility of 24.04%. This indicates that BITF experiences smaller price fluctuations and is considered to be less risky than CLSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

BITF vs. CLSK - Financials Comparison

This section allows you to compare key financial metrics between Bitfarms Ltd. and CleanSpark, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00M100.00M150.00M200.00M20212022202320242025
56.16M
181.71M
(BITF) Total Revenue
(CLSK) Total Revenue
Values in USD except per share items

BITF vs. CLSK - Profitability Comparison

The chart below illustrates the profitability comparison between Bitfarms Ltd. and CleanSpark, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-40.0%-20.0%0.0%20.0%40.0%60.0%80.0%20212022202320242025
2.5%
53.0%
(BITF) Gross Margin
(CLSK) Gross Margin
BITF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Bitfarms Ltd. reported a gross profit of 1.39M and revenue of 56.16M. Therefore, the gross margin over that period was 2.5%.

CLSK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, CleanSpark, Inc. reported a gross profit of 96.29M and revenue of 181.71M. Therefore, the gross margin over that period was 53.0%.

BITF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Bitfarms Ltd. reported an operating income of -16.39M and revenue of 56.16M, resulting in an operating margin of -29.2%.

CLSK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, CleanSpark, Inc. reported an operating income of -138.02M and revenue of 181.71M, resulting in an operating margin of -76.0%.

BITF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Bitfarms Ltd. reported a net income of 15.17M and revenue of 56.16M, resulting in a net margin of 27.0%.

CLSK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, CleanSpark, Inc. reported a net income of -138.79M and revenue of 181.71M, resulting in a net margin of -76.4%.