IREN vs. ETH-USD

In the year-to-date period, IREN achieves a -35.85% return, which is significantly higher than ETH-USD's -46.10% return.

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This table presents a comparison of risk-adjusted performance metrics for Iris Energy Limited (IREN) and Ethereum (ETH-USD). 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 IREN Sharpe Ratio is 0.13, which is higher than the ETH-USD Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of IREN and ETH-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum IREN drawdown since its inception was -95.73%, roughly equal to the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for IREN and ETH-USD. For additional features, visit the drawdowns tool.

Iris Energy Limited (IREN) and Ethereum (ETH-USD) have volatilities of 28.25% and 27.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.