IREN vs. CLSK
Compare and contrast key facts about Iris Energy Limited (IREN) and CleanSpark, Inc. (CLSK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IREN or CLSK.
Correlation
The correlation between IREN and CLSK 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
IREN vs. CLSK - Performance Comparison
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Key characteristics
IREN:
0.40
CLSK:
-0.41
IREN:
1.64
CLSK:
0.05
IREN:
1.18
CLSK:
1.00
IREN:
0.92
CLSK:
-0.41
IREN:
1.86
CLSK:
-0.85
IREN:
39.11%
CLSK:
43.83%
IREN:
111.90%
CLSK:
100.74%
IREN:
-95.73%
CLSK:
-98.56%
IREN:
-66.09%
CLSK:
-86.52%
Fundamentals
IREN:
$2.03B
CLSK:
$2.75B
IREN:
-$0.30
CLSK:
-$1.11
IREN:
4.05
CLSK:
0.00
IREN:
5.38
CLSK:
5.11
IREN:
1.58
CLSK:
1.45
IREN:
$228.74M
CLSK:
$537.40M
IREN:
$204.67M
CLSK:
$216.54M
IREN:
$47.97M
CLSK:
$45.48M
Returns By Period
In the year-to-date period, IREN achieves a -14.36% return, which is significantly lower than CLSK's 6.19% return.
IREN
-14.36%
50.45%
-21.18%
39.70%
N/A
N/A
CLSK
6.19%
30.23%
-30.29%
-38.99%
41.01%
N/A
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Risk-Adjusted Performance
IREN vs. CLSK — Risk-Adjusted Performance Rank
IREN
CLSK
IREN vs. CLSK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Iris Energy Limited (IREN) 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.
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Dividends
IREN vs. CLSK - Dividend Comparison
Neither IREN nor CLSK has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
IREN Iris Energy Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CLSK CleanSpark, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 1.26% |
Drawdowns
IREN vs. CLSK - Drawdown Comparison
The maximum IREN drawdown since its inception was -95.73%, roughly equal to the maximum CLSK drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for IREN and CLSK. For additional features, visit the drawdowns tool.
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Volatility
IREN vs. CLSK - Volatility Comparison
The current volatility for Iris Energy Limited (IREN) is 18.75%, while CleanSpark, Inc. (CLSK) has a volatility of 24.04%. This indicates that IREN 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
IREN vs. CLSK - Financials Comparison
This section allows you to compare key financial metrics between Iris Energy Limited 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.
Total Revenue: Total amount of money received from sales and other business activities
IREN vs. CLSK - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.