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.
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
Key characteristics
IREN:
1.00
COIN:
1.23
IREN:
2.25
COIN:
2.12
IREN:
1.24
COIN:
1.23
IREN:
1.48
COIN:
1.58
IREN:
3.28
COIN:
4.60
IREN:
38.58%
COIN:
23.14%
IREN:
126.38%
COIN:
86.63%
IREN:
-95.73%
COIN:
-90.90%
IREN:
-47.14%
COIN:
-13.10%
Fundamentals
IREN:
$2.92B
COIN:
$78.56B
IREN:
-$0.48
COIN:
$5.88
IREN:
4.05
COIN:
0.92
IREN:
$207.19M
COIN:
$5.15B
IREN:
$120.70M
COIN:
$4.16B
IREN:
$9.43M
COIN:
$1.04B
Returns By Period
In the year-to-date period, IREN achieves a 83.36% return, which is significantly higher than COIN's 78.58% return.
IREN
83.36%
22.87%
-0.83%
118.14%
N/A
N/A
COIN
78.58%
1.55%
27.03%
109.99%
N/A
N/A
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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
Iris Energy Limited (IREN) has a higher volatility of 37.51% compared to Coinbase Global, Inc. (COIN) at 23.85%. This indicates that IREN's price experiences larger fluctuations and is considered to be riskier 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