HUT vs. IREN
Compare and contrast key facts about Hut 8 Corp. Common Stock (HUT) and Iris Energy Limited (IREN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HUT or IREN.
Correlation
The correlation between HUT 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
HUT vs. IREN - Performance Comparison
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Key characteristics
HUT:
0.69
IREN:
0.34
HUT:
1.59
IREN:
1.32
HUT:
1.19
IREN:
1.15
HUT:
0.77
IREN:
0.48
HUT:
1.90
IREN:
1.01
HUT:
36.69%
IREN:
38.52%
HUT:
103.04%
IREN:
111.48%
HUT:
-95.04%
IREN:
-95.73%
HUT:
-82.53%
IREN:
-71.61%
Fundamentals
HUT:
$1.33B
IREN:
$1.47B
HUT:
$3.40
IREN:
-$0.30
HUT:
8.19
IREN:
5.13
HUT:
1.36
IREN:
1.14
HUT:
$430.22M
IREN:
$228.74M
HUT:
$348.33M
IREN:
$204.67M
HUT:
$15.64M
IREN:
$47.97M
Returns By Period
In the year-to-date period, HUT achieves a -32.21% return, which is significantly lower than IREN's -28.31% return.
HUT
-32.21%
10.33%
-29.08%
70.43%
19.34%
N/A
IREN
-28.31%
19.32%
-35.94%
37.77%
N/A
N/A
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Risk-Adjusted Performance
HUT vs. IREN — Risk-Adjusted Performance Rank
HUT
IREN
HUT vs. IREN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hut 8 Corp. Common Stock (HUT) 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.
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Dividends
HUT vs. IREN - Dividend Comparison
Neither HUT nor IREN has paid dividends to shareholders.
Drawdowns
HUT vs. IREN - Drawdown Comparison
The maximum HUT drawdown since its inception was -95.04%, roughly equal to the maximum IREN drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for HUT and IREN. For additional features, visit the drawdowns tool.
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Volatility
HUT vs. IREN - Volatility Comparison
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Financials
HUT vs. IREN - Financials Comparison
This section allows you to compare key financial metrics between Hut 8 Corp. Common Stock 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
HUT vs. IREN - Profitability Comparison
HUT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Hut 8 Corp. Common Stock reported a gross profit of 319.54M and revenue of 339.85M. Therefore, the gross margin over that period was 94.0%.
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%.
HUT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Hut 8 Corp. Common Stock reported an operating income of 286.39M and revenue of 339.85M, resulting in an operating margin of 84.3%.
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%.
HUT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Hut 8 Corp. Common Stock reported a net income of 152.23M and revenue of 339.85M, resulting in a net margin of 44.8%.
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%.