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IREN vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

IREN vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IREN Limited (IREN) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


IREN

1D
8.91%
1M
-3.28%
YTD
56.71%
6M
27.73%
1Y
507.08%
3Y*
153.35%
5Y*
10Y*

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IREN vs. USD=X - Yearly Performance Comparison


2026 (YTD)20252024202320222021
IREN
IREN Limited
56.71%284.62%37.34%472.00%-92.27%-42.25%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

IREN vs. USD=X — Risk / Return Rank

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

IREN
IREN Risk / Return Rank: 9595
Overall Rank
IREN Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
IREN Sortino Ratio Rank: 9494
Sortino Ratio Rank
IREN Omega Ratio Rank: 9191
Omega Ratio Rank
IREN Calmar Ratio Rank: 9797
Calmar Ratio Rank
IREN Martin Ratio Rank: 9494
Martin Ratio Rank

USD=X
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. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IREN Limited (IREN) and USD Cash (USD=X). 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.


IRENUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.43

Calmar ratioReturn relative to maximum drawdown

8.73

Martin ratioReturn relative to average drawdown

16.71

IREN vs. USD=X - Sharpe Ratio Comparison


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Sharpe Ratios by Period


IRENUSD=XDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.18

Drawdowns

IREN vs. USD=X - Drawdown Comparison

The maximum IREN drawdown since its inception was -95.73%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IREN and USD=X.


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Drawdown Indicators


IRENUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-95.73%

0.00%

-95.73%

Max Drawdown (1Y)

Largest decline over 1 year

-58.62%

0.00%

-58.62%

Max Drawdown (3Y)

Largest decline over 3 years

-65.56%

0.00%

-65.56%

Max Drawdown (5Y)

Largest decline over 5 years

0.00%

Max Drawdown (10Y)

Largest decline over 10 years

0.00%

Current Drawdown

Current decline from peak

-22.54%

0.00%

-22.54%

Average Drawdown

Average peak-to-trough decline

-62.69%

0.00%

-62.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

30.55%

0.00%

+30.55%

Volatility

IREN vs. USD=X - Volatility Comparison

IREN Limited (IREN) has a higher volatility of 33.35% compared to USD Cash (USD=X) at 0.00%. This indicates that IREN's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IRENUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

33.35%

0.00%

+33.35%

Volatility (6M)

Calculated over the trailing 6-month period

74.76%

0.00%

+74.76%

Volatility (1Y)

Calculated over the trailing 1-year period

102.51%

0.00%

+102.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

118.50%

0.00%

+118.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

118.50%

0.00%

+118.50%

Frequently Asked Questions


IREN has higher volatility (33.35%) compared to USD=X (0.00%). In terms of maximum drawdown, IREN dropped -95.73% vs USD=X's 0.00%.

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