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

Correlation

The correlation between CLSK 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

CLSK vs. IREN - Performance Comparison

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

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Key characteristics

Sharpe Ratio

CLSK:

-0.41

IREN:

0.40

Sortino Ratio

CLSK:

0.05

IREN:

1.64

Omega Ratio

CLSK:

1.00

IREN:

1.18

Calmar Ratio

CLSK:

-0.41

IREN:

0.92

Martin Ratio

CLSK:

-0.85

IREN:

1.86

Ulcer Index

CLSK:

43.83%

IREN:

39.11%

Daily Std Dev

CLSK:

100.74%

IREN:

111.90%

Max Drawdown

CLSK:

-98.56%

IREN:

-95.73%

Current Drawdown

CLSK:

-86.52%

IREN:

-66.09%

Fundamentals

Market Cap

CLSK:

$2.75B

IREN:

$2.03B

EPS

CLSK:

-$1.11

IREN:

-$0.30

PEG Ratio

CLSK:

0.00

IREN:

4.05

PS Ratio

CLSK:

5.11

IREN:

5.38

PB Ratio

CLSK:

1.45

IREN:

1.58

Total Revenue (TTM)

CLSK:

$537.40M

IREN:

$228.74M

Gross Profit (TTM)

CLSK:

$216.54M

IREN:

$204.67M

EBITDA (TTM)

CLSK:

$45.48M

IREN:

$47.97M

Returns By Period

In the year-to-date period, CLSK achieves a 6.19% return, which is significantly higher than IREN's -14.36% return.


CLSK

YTD

6.19%

1M

30.23%

6M

-30.29%

1Y

-38.99%

5Y*

41.01%

10Y*

N/A

IREN

YTD

-14.36%

1M

50.45%

6M

-21.18%

1Y

39.70%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CLSK vs. IREN — Risk-Adjusted Performance Rank

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

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 3030
Martin Ratio Rank

IREN
The Risk-Adjusted Performance Rank of IREN is 7575
Overall Rank
The Sharpe Ratio Rank of IREN is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of IREN is 8080
Sortino Ratio Rank
The Omega Ratio Rank of IREN is 7474
Omega Ratio Rank
The Calmar Ratio Rank of IREN is 8282
Calmar Ratio Rank
The Martin Ratio Rank of IREN is 7171
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.

CLSK vs. IREN - Risk-Adjusted Performance Comparison

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


The current CLSK Sharpe Ratio is -0.41, which is lower than the IREN Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of CLSK and IREN, 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

CLSK vs. IREN - Dividend Comparison

Neither CLSK nor IREN has paid dividends to shareholders.


TTM2024202320222021
CLSK
CleanSpark, Inc.
0.00%0.00%0.00%0.00%1.26%
IREN
Iris Energy Limited
0.00%0.00%0.00%0.00%0.00%

Drawdowns

CLSK vs. IREN - Drawdown Comparison

The maximum CLSK drawdown since its inception was -98.56%, roughly equal to the maximum IREN drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for CLSK and IREN. For additional features, visit the drawdowns tool.


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Volatility

CLSK vs. IREN - Volatility Comparison

CleanSpark, Inc. (CLSK) has a higher volatility of 24.04% compared to Iris Energy Limited (IREN) at 18.75%. This indicates that CLSK's price experiences larger fluctuations and is considered to be riskier than IREN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

CLSK vs. IREN - Financials Comparison

This section allows you to compare key financial metrics between CleanSpark, Inc. 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.


Quarterly
Annual

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


0.0050.00M100.00M150.00M200.00M20212022202320242025
181.71M
117.55M
(CLSK) Total Revenue
(IREN) Total Revenue
Values in USD except per share items

CLSK vs. IREN - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%20212022202320242025
53.0%
94.1%
(CLSK) Gross Margin
(IREN) Gross Margin
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%.

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%.

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%.

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%.

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%.

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%.