BITF vs. IREN
Compare and contrast key facts about Bitfarms Ltd. (BITF) and Iris Energy Limited (IREN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITF or IREN.
Correlation
The correlation between BITF and IREN is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BITF vs. IREN - Performance Comparison
Loading data...
Key characteristics
BITF:
-0.38
IREN:
0.40
BITF:
0.14
IREN:
1.64
BITF:
1.01
IREN:
1.18
BITF:
-0.31
IREN:
0.92
BITF:
-0.64
IREN:
1.86
BITF:
44.93%
IREN:
39.11%
BITF:
91.60%
IREN:
111.90%
BITF:
-95.72%
IREN:
-95.73%
BITF:
-87.03%
IREN:
-66.09%
Fundamentals
BITF:
$639.36M
IREN:
$2.03B
BITF:
-$0.13
IREN:
-$0.30
BITF:
3.05
IREN:
5.38
BITF:
1.05
IREN:
1.58
BITF:
$198.73M
IREN:
$228.74M
BITF:
-$20.29M
IREN:
$204.67M
BITF:
$46.39M
IREN:
$47.97M
Returns By Period
In the year-to-date period, BITF achieves a -22.82% return, which is significantly lower than IREN's -14.36% return.
BITF
-22.82%
37.61%
-48.89%
-34.29%
25.55%
N/A
IREN
-14.36%
50.45%
-21.18%
39.70%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BITF vs. IREN — Risk-Adjusted Performance Rank
BITF
IREN
BITF vs. IREN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitfarms Ltd. (BITF) and Iris Energy 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.
Loading data...
Dividends
BITF vs. IREN - Dividend Comparison
Neither BITF nor IREN has paid dividends to shareholders.
Drawdowns
BITF vs. IREN - Drawdown Comparison
The maximum BITF drawdown since its inception was -95.72%, roughly equal to the maximum IREN drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for BITF and IREN. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BITF vs. IREN - Volatility Comparison
Bitfarms Ltd. (BITF) and Iris Energy Limited (IREN) have volatilities of 19.13% and 18.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
BITF vs. IREN - Financials Comparison
This section allows you to compare key financial metrics between Bitfarms Ltd. and Iris Energy 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
BITF vs. IREN - Profitability Comparison
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%.
IREN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Iris Energy Limited reported a gross profit of 110.56M and revenue of 117.55M. Therefore, the gross margin over that period was 94.1%.
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%.
IREN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Iris Energy Limited reported an operating income of 31.10M and revenue of 117.55M, resulting in an operating margin of 26.5%.
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%.
IREN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Iris Energy Limited reported a net income of 18.88M and revenue of 117.55M, resulting in a net margin of 16.1%.