VELO vs. IREN

Last updated Jun 4, 2026

VELO (Velo3D, Inc) and IREN (IREN Limited) are both stocks. VELO operates in Computer Hardware (Technology), while IREN operates in Capital Markets (Financial Services). At a 0.28 correlation, their price movements are largely independent.

Performance

VELO vs. IREN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Velo3D, Inc (VELO) and IREN Limited (IREN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VELO achieves a 42.72% return, which is significantly lower than IREN's 73.37% return.

VELO

• 1D: -11.39%
• 1M: 52.37%
• YTD: 42.72%
• 6M: 240.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IREN

• 1D: -1.68%
• 1M: 32.34%
• YTD: 73.37%
• 6M: 48.95%
• 1Y: 636.56%
• 3Y*: 165.47%
• 5Y*: —
• 10Y*: —

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

VELO vs. IREN - Yearly Performance Comparison

	2026 (YTD)	2025
VELO Velo3D, Inc	42.72%	308.93%
IREN IREN Limited	73.37%	101.66%

Correlation

The correlation between VELO and IREN is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.28

Fundamentals

EPS VELO : -$1.12 IREN : $0.45
PS Ratio VELO : 8.87 IREN : 14.67
Total Revenue (TTM) VELO : $13.85B IREN : $757.07M
Gross Profit (TTM) VELO : $2.37B IREN : $433.88M
EBITDA (TTM) VELO : -$6.98B IREN : -$173.05M

Return for Risk

VELO vs. IREN — Risk / Return Rank

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

IREN

IREN Risk / Return Rank: 96
IREN Sharpe Ratio Rank: 99
IREN Sortino Ratio Rank: 95
IREN Omega Ratio Rank: 92
IREN Calmar Ratio Rank: 98
IREN Martin Ratio Rank: 95

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.

VELO vs. IREN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Velo3D, Inc (VELO) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VELO	IREN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	6.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.43	0.21	+4.23

Drawdowns

VELO vs. IREN - Drawdown Comparison

The maximum VELO drawdown since its inception was -60.84%, smaller than the maximum IREN drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for VELO and IREN.

Drawdown Indicators

	VELO	IREN	Difference
Max Drawdown Largest peak-to-trough decline	-60.84%	-95.73%	+34.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-58.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-65.56%	—
Current Drawdown Current decline from peak	-23.99%	-14.30%	-9.69%
Average Drawdown Average peak-to-trough decline	-27.41%	-62.79%	+35.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.44%	—

Volatility

Volatility by Period

	VELO	IREN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	32.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	75.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	190.95%	101.57%	+89.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	190.95%	118.41%	+72.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	190.95%	118.41%	+72.54%

Dividends

VELO vs. IREN - Dividend Comparison

Neither VELO nor IREN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both VELO and IREN in my portfolio?

VELO and IREN have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.