LUG.TO vs. IREN
LUG.TO (Lundin Gold Inc.) and IREN (IREN Limited) are both stocks. LUG.TO operates in Gold (Basic Materials), while IREN operates in Capital Markets (Financial Services). Over the past 3 years, LUG.TO returned 79.74%/yr vs 159.41%/yr for IREN. At a 0.18 correlation, their price movements are largely independent.
Performance
LUG.TO vs. IREN - Performance Comparison
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Different Trading Currencies
LUG.TO is traded in CAD, while IREN is traded in USD. To make them comparable, the IREN values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LUG.TO achieves a -26.40% return, which is significantly lower than IREN's 61.46% return.
LUG.TO
- 1D
- 1.08%
- 1M
- -4.54%
- YTD
- -26.40%
- 6M
- -24.67%
- 1Y
- 16.11%
- 3Y*
- 79.74%
- 5Y*
- 53.19%
- 10Y*
- 32.69%
IREN
- 1D
- 5.59%
- 1M
- 4.35%
- YTD
- 61.46%
- 6M
- 51.07%
- 1Y
- 524.85%
- 3Y*
- 159.41%
- 5Y*
- —
- 10Y*
- —
LUG.TO vs. IREN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LUG.TO Lundin Gold Inc. | -26.40% | 291.22% | 91.60% | 29.55% | 30.60% | -11.32% |
IREN IREN Limited | 61.46% | 267.06% | 48.97% | 458.39% | -91.78% | -41.43% |
Correlation
The correlation between LUG.TO and IREN is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021 | 0.18 |
Fundamentals
LUG.TO:
$3.77
IREN:
$0.45
LUG.TO:
14.57
IREN:
131.80
LUG.TO:
6.66
IREN:
13.39
LUG.TO:
$2.00B
IREN:
$757.07M
LUG.TO:
$1.41B
IREN:
$433.88M
LUG.TO:
$1.43B
IREN:
-$173.05M
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Return for Risk
LUG.TO vs. IREN — Risk / Return Rank
LUG.TO
IREN
LUG.TO vs. IREN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lundin Gold Inc. (LUG.TO) and IREN Limited (IREN). 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.
| LUG.TO | IREN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.43 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 8.53 | -8.07 |
| Martin ratioReturn relative to average drawdown | 1.23 | 15.89 | -14.66 |
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Drawdowns
LUG.TO vs. IREN - Drawdown Comparison
The maximum LUG.TO drawdown since its inception was -94.74%, roughly equal to the maximum IREN drawdown of -95.93%. Use the drawdown chart below to compare losses from any high point for LUG.TO and IREN.
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Drawdown Indicators
| LUG.TO | IREN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.74% | -95.93% | +1.19% |
Max Drawdown (1Y)Largest decline over 1 year | -37.89% | -59.21% | +21.32% |
Max Drawdown (3Y)Largest decline over 3 years | -37.89% | -65.03% | +27.14% |
Max Drawdown (5Y)Largest decline over 5 years | -37.89% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.84% | — | — |
Current DrawdownCurrent decline from peak | -34.73% | -22.49% | -12.24% |
Average DrawdownAverage peak-to-trough decline | -67.67% | -63.99% | -3.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.24% | 31.72% | -17.48% |
Volatility
LUG.TO vs. IREN - Volatility Comparison
The current volatility for Lundin Gold Inc. (LUG.TO) is 17.86%, while IREN Limited (IREN) has a volatility of 34.05%. This indicates that LUG.TO experiences smaller price fluctuations and is considered to be less risky than IREN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LUG.TO | IREN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.86% | 34.05% | -16.19% |
Volatility (6M)Calculated over the trailing 6-month period | 42.07% | 76.02% | -33.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.97% | 103.22% | -47.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.54% | 118.46% | -71.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.40% | 118.46% | -75.06% |
Dividends
LUG.TO vs. IREN - Dividend Comparison
LUG.TO's dividend yield for the trailing twelve months is around 6.79%, while IREN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IREN IREN Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LUG.TO Lundin Gold Inc. | 6.79% | 3.35% | 2.69% | 3.26% | 1.97% |
Financials
LUG.TO vs. IREN - Financials Comparison
This section allows you to compare key financial metrics between Lundin Gold Inc. and IREN Limited. 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
LUG.TO and IREN have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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