IREN vs. INBX
IREN (IREN Limited) and INBX (Inhibrx, Inc.) are both stocks. IREN operates in Capital Markets (Financial Services), while INBX operates in Biotechnology (Healthcare). Over the past year, IREN returned 507.08% vs 540.30% for INBX. At a 0.18 correlation, their price movements are largely independent.
Performance
IREN vs. INBX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IREN achieves a 56.71% return, which is significantly higher than INBX's 12.82% return.
IREN
- 1D
- 8.91%
- 1M
- -3.28%
- YTD
- 56.71%
- 6M
- 27.73%
- 1Y
- 507.08%
- 3Y*
- 153.35%
- 5Y*
- —
- 10Y*
- —
INBX
- 1D
- 2.44%
- 1M
- -33.66%
- YTD
- 12.82%
- 6M
- -4.68%
- 1Y
- 540.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IREN vs. INBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IREN IREN Limited | 56.71% | 284.62% | 26.87% |
INBX Inhibrx, Inc. | 12.82% | 412.99% | 10.63% |
Correlation
The correlation between IREN and INBX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since May 30, 2024 | 0.18 |
Fundamentals
IREN:
$0.45
INBX:
-$8.40
IREN:
13.26
INBX:
1.06K
IREN:
$757.07M
INBX:
$1.30M
IREN:
$433.88M
INBX:
-$508.00K
IREN:
-$173.05M
INBX:
-$117.63M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IREN vs. INBX — Risk / Return Rank
IREN
INBX
IREN vs. INBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IREN Limited (IREN) and Inhibrx, Inc. (INBX). 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.
| IREN | INBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.67 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 8.73 | 14.10 | -5.37 |
| Martin ratioReturn relative to average drawdown | 16.71 | 36.07 | -19.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IREN | INBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.00 | 4.21 | +0.79 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 1.51 | -1.33 |
Drawdowns
IREN vs. INBX - Drawdown Comparison
The maximum IREN drawdown since its inception was -95.73%, which is greater than INBX's maximum drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for IREN and INBX.
Loading charts...
Drawdown Indicators
| IREN | INBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.73% | -39.84% | -55.89% |
Max Drawdown (1Y)Largest decline over 1 year | -58.62% | -38.66% | -19.96% |
Max Drawdown (3Y)Largest decline over 3 years | -65.56% | — | — |
Current DrawdownCurrent decline from peak | -22.54% | -37.16% | +14.62% |
Average DrawdownAverage peak-to-trough decline | -62.69% | -16.96% | -45.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.55% | 15.08% | +15.47% |
Volatility
IREN vs. INBX - Volatility Comparison
IREN Limited (IREN) has a higher volatility of 33.35% compared to Inhibrx, Inc. (INBX) at 26.07%. This indicates that IREN's price experiences larger fluctuations and is considered to be riskier than INBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IREN | INBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.35% | 26.07% | +7.28% |
Volatility (6M)Calculated over the trailing 6-month period | 74.76% | 62.17% | +12.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.51% | 129.72% | -27.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 118.50% | 100.66% | +17.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 118.50% | 100.66% | +17.84% |
Dividends
IREN vs. INBX - Dividend Comparison
Neither IREN nor INBX has paid dividends to shareholders.
Financials
IREN vs. INBX - Financials Comparison
This section allows you to compare key financial metrics between IREN Limited and Inhibrx, 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
Frequently Asked Questions
IREN and INBX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IREN has higher volatility (33.35%) compared to INBX (26.07%). In terms of maximum drawdown, IREN dropped -95.73% vs INBX's -39.84%.
IREN currently has the higher Sharpe Ratio (5.00 vs 4.21), 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.
Find the right allocation for IREN and INBX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer