IREN vs. COIN
Compare and contrast key facts about Iris Energy Limited (IREN) and Coinbase Global, Inc. (COIN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IREN or COIN.
Key characteristics
| IREN | COIN | |
|---|---|---|
| YTD Return | 53.71% | 55.67% |
| 1Y Return | 270.03% | 191.56% |
| Sharpe Ratio | 2.07 | 2.49 |
| Sortino Ratio | 2.91 | 3.01 |
| Omega Ratio | 1.32 | 1.34 |
| Calmar Ratio | 2.90 | 2.78 |
| Martin Ratio | 6.76 | 8.97 |
| Ulcer Index | 37.99% | 23.03% |
| Daily Std Dev | 123.82% | 83.10% |
| Max Drawdown | -95.73% | -90.90% |
| Current Drawdown | -55.69% | -24.25% |
Fundamentals
| IREN | COIN | |
|---|---|---|
| Market Cap | $1.69B | $48.56B |
| EPS | -$0.29 | $5.90 |
| PEG Ratio | 4.05 | 0.79 |
| Total Revenue (TTM) | $152.80M | $5.15B |
| Gross Profit (TTM) | $12.81M | $4.16B |
| EBITDA (TTM) | $24.75M | $1.04B |
Correlation
The correlation between IREN and COIN is 0.54, 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. COIN - Performance Comparison
The year-to-date returns for both investments are quite close, with IREN having a 53.71% return and COIN slightly higher at 55.67%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IREN vs. COIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Iris Energy Limited (IREN) and Coinbase Global, Inc. (COIN). 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.
Dividends
IREN vs. COIN - Dividend Comparison
Neither IREN nor COIN has paid dividends to shareholders.
Drawdowns
IREN vs. COIN - Drawdown Comparison
The maximum IREN drawdown since its inception was -95.73%, which is greater than COIN's maximum drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for IREN and COIN. For additional features, visit the drawdowns tool.
Volatility
IREN vs. COIN - Volatility Comparison
The current volatility for Iris Energy Limited (IREN) is 35.53%, while Coinbase Global, Inc. (COIN) has a volatility of 37.61%. This indicates that IREN experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IREN vs. COIN - Financials Comparison
This section allows you to compare key financial metrics between Iris Energy Limited and Coinbase Global, 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