IREN vs. FIVE

Last updated Jul 11, 2026

IREN (IREN Limited) and FIVE (Five Below, Inc.) are both stocks. IREN operates in Capital Markets (Financial Services), while FIVE operates in Specialty Retail (Consumer Cyclical). Over the past 3 years, IREN returned 82.66%/yr vs -1.42%/yr for FIVE. At a 0.26 correlation, their price movements are largely independent.

Performance

IREN vs. FIVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IREN Limited (IREN) and Five Below, Inc. (FIVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IREN achieves a 8.92% return, which is significantly higher than FIVE's 0.55% return.

IREN

• 1D: -1.39%
• 1M: -27.46%
• 6M: -10.62%
• YTD: 8.92%
• 1Y: 153.48%
• 3Y*: 82.66%
• 5Y*: —
• 10Y*: —

FIVE

• 1D: 2.80%
• 1M: -6.23%
• 6M: -3.16%
• YTD: 0.55%
• 1Y: 46.29%
• 3Y*: -1.42%
• 5Y*: -0.50%
• 10Y*: 14.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IREN vs. FIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IREN IREN Limited	8.92%	284.62%	37.34%	472.00%	-92.27%	-42.25%
FIVE Five Below, Inc.	0.55%	79.46%	-50.76%	20.52%	-14.51%	-5.43%

Correlation

The correlation between IREN and FIVE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021	0.26

The correlation between IREN and FIVE shifts across timeframes, from 0.14 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap IREN : $14.68B FIVE : $10.47B
EPS IREN : $0.51 FIVE : $7.93
PE Ratio IREN : 80.64 FIVE : 23.88
PS Ratio IREN : 8.19 FIVE : 2.07
Total Revenue (TTM) IREN : $757.07M FIVE : $5.08B
Gross Profit (TTM) IREN : $433.88M FIVE : $1.77B
EBITDA (TTM) IREN : -$173.05M FIVE : $757.48M

Return for Risk

IREN vs. FIVE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IREN

IREN Risk / Return Rank: 80
IREN Sharpe Ratio Rank: 83
IREN Sortino Ratio Rank: 82
IREN Omega Ratio Rank: 77
IREN Calmar Ratio Rank: 82
IREN Martin Ratio Rank: 77

FIVE

FIVE Risk / Return Rank: 76
FIVE Sharpe Ratio Rank: 79
FIVE Sortino Ratio Rank: 74
FIVE Omega Ratio Rank: 75
FIVE Calmar Ratio Rank: 74
FIVE Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IREN vs. FIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IREN Limited (IREN) and Five Below, Inc. (FIVE). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IREN	FIVE	Difference
Sharpe ratio: Return per unit of total volatility	1.36	1.15	+0.21
Sortino ratio: Return per unit of downside risk	2.17	1.66	+0.51
Omega ratio: Gain probability vs. loss probability	1.24	1.22	+0.02
Calmar ratio: Return relative to maximum drawdown	2.43	1.58	+0.85
Martin ratio: Return relative to average drawdown	4.40	5.04	-0.64

IREN vs. FIVE - Sharpe Ratio Comparison

The current IREN Sharpe Ratio is 1.36, which is comparable to the FIVE Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of IREN and FIVE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IREN vs. FIVE - Drawdown Comparison

The maximum IREN drawdown since its inception was -96.21%, which is greater than FIVE's maximum drawdown of -76.40%. Use the drawdown chart below to compare losses from any high point for IREN and FIVE.

Drawdown Indicators

	IREN	FIVE	Difference
Max Drawdown Largest peak-to-trough decline	-96.21%	-76.40%	-19.81%
Max Drawdown (1Y) Largest decline over 1 year	-58.62%	-28.85%	-29.77%
Max Drawdown (3Y) Largest decline over 3 years	-65.56%	-74.13%	+8.57%
Max Drawdown (5Y) Largest decline over 5 years	—	-76.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-76.40%	—
Current Drawdown Current decline from peak	-46.16%	-23.54%	-22.62%
Average Drawdown Average peak-to-trough decline	-64.97%	-23.20%	-41.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.32%	9.05%	+23.27%

Volatility

IREN vs. FIVE - Volatility Comparison

IREN Limited (IREN) has a higher volatility of 28.04% compared to Five Below, Inc. (FIVE) at 10.94%. This indicates that IREN's price experiences larger fluctuations and is considered to be riskier than FIVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IREN	FIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.04%	10.94%	+17.10%
Volatility (6M) Calculated over the trailing 6-month period	74.32%	30.52%	+43.80%
Volatility (1Y) Calculated over the trailing 1-year period	104.68%	39.69%	+64.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	118.30%	48.06%	+70.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	118.30%	46.21%	+72.09%

Dividends

IREN vs. FIVE - Dividend Comparison

Neither IREN nor FIVE has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both IREN and FIVE in my portfolio?

IREN and FIVE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IREN or FIVE?

IREN has higher volatility (28.04%) compared to FIVE (10.94%). In terms of maximum drawdown, IREN dropped -96.21% vs FIVE's -76.40%.

Which has better risk-adjusted returns?

IREN currently has the higher Sharpe Ratio (1.36 vs 1.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.