AQNB vs IREN
Comparison between Algonquin Power & Utilities Corp (AQNB, Company) and Iris Energy Ltd (IREN, Company).
5-Year PerformanceIREN has outperformed AQNB, delivering a return of +21.6% compared to +5.3%
AQNB vs IREN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
AQNB
$20B
Winner
IREN
$20B
Max Drawdown
Winner
AQNB
43.48%
IREN
95.73%
Sharpe Ratio
AQNB
0.81
Winner
IREN
2.25
5Y Beta
Winner
AQNB
0.07
IREN
2.73
Industry
AQNB
N/A
IREN
Capital Markets
P/E Ratio
Winner
AQNB
110.49
IREN
722.87
Forward P/E
AQNB
N/A
IREN
136.99
Dividend Yield
AQNB
5.50%
IREN
N/A
5Y Dividends CAGR
AQNB
5.98%
IREN
N/A
5Y EPS CAGR
AQNB
-9.80%
IREN
N/A
Debt to Equity
AQNB
140.76%
Winner
IREN
0.00%
Free Cash Flow Yield
Winner
AQNB
2.97%
IREN
-7.30%
AQNB vs IREN - Historical Returns
Returns include dividend reinvestment.
1M
AQNB
-0.17%
Winner
IREN
+18.83%
3M
AQNB
+1.11%
Winner
IREN
+42.05%
6M
AQNB
+3.68%
Winner
IREN
+67.49%
1Y
AQNB
+9.48%
Winner
IREN
+511.84%
5Y(CAGR)
AQNB
+5.27%
Winner
IREN
+21.62%
Max(CAGR)
AQNB
+6.97%
Winner
IREN
+21.62%
AQNB vs IREN - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | AQNB | IREN |
|---|---|---|
| 2026 | +3.64% | +40.42% |
| 2025 | +9.53% | +261.09% |
| 2024 | +12.34% | +44.41% |
| 2023 | +19.23% | +500.84% |
| 2022 | -16.25% | -91.79% |
| 2021 | +3.22% | -33.87% |
| 2020 | +5.60% | N/A |
| 2019 | +14.34% | N/A |
AQNB vs IREN Drawdown Comparison
The maximum drawdown for AQNB was -42.58%, occurring on Mar 18, 2020. Recovery took 161 trading sessions.
The maximum drawdown for IREN was -95.73%, occurring on Dec 28, 2022. Recovery took 946 trading sessions.
The current AQNB drawdown is -1.15%. The current IREN drawdown is -21.53%.
| Rank | AQNB | IREN |
|---|---|---|
| #1 | -42.58% Feb 7, 2020 - Sep 28, 2020 | -95.73% Nov 19, 2021 - Aug 29, 2025 |
| #2 | -18.66% Jul 8, 2021 - Nov 29, 2023 | -58.62% Nov 5, 2025 - Mar 30, 2026 |
| #3 | -5.05% Sep 29, 2020 - Nov 10, 2020 | -25.49% Oct 14, 2025 - Nov 5, 2025 |
| #4 | -4.86% Feb 9, 2021 - May 3, 2021 | -11.20% Sep 24, 2025 - Oct 3, 2025 |
| #5 | -4.18% Oct 25, 2019 - Dec 23, 2019 | -10.24% Sep 2, 2025 - Sep 9, 2025 |
| #6 | -3.82% Mar 21, 2025 - Jun 16, 2025 | -6.39% Oct 9, 2025 - Oct 13, 2025 |
| #7 | -3.63% Sep 27, 2024 - Feb 26, 2025 | -4.29% Nov 17, 2021 - Nov 19, 2021 |
| #8 | -3.62% Sep 4, 2019 - Oct 1, 2019 | -4.17% Sep 17, 2025 - Sep 19, 2025 |
| #9 | -3.15% Nov 17, 2020 - Feb 4, 2021 | -2.58% Oct 7, 2025 - Oct 9, 2025 |
| #10 | -2.90% Dec 27, 2023 - Jan 24, 2024 | -2.32% Sep 10, 2025 - Sep 12, 2025 |
| #11 | -2.78% May 3, 2021 - May 20, 2021 | -1.86% Sep 15, 2025 - Sep 17, 2025 |
| #12 | -2.72% Jul 3, 2025 - Sep 19, 2025 | -0.31% Sep 22, 2025 - Sep 24, 2025 |
| #13 | -2.33% Jul 12, 2024 - Sep 5, 2024 | N/A |
| #14 | -1.80% Jun 14, 2021 - Jul 8, 2021 | N/A |
| #15 | -1.65% Feb 26, 2025 - Mar 14, 2025 | N/A |
Correlation
Correlation between AQNB and IREN is 0.77 which considered as a strong positive correlation - the stocks tend to move together.
0.77
-101
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