CLSK vs SPY

Comparison between Cleanspark Inc (CLSK, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed CLSK, delivering a return of +14.0% compared to +0.8%

CLSK vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CLSK(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$3.95B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	98.56%	56.47%
Sharpe Ratio	0.91	1.91
5Y Beta	N/A	1.00
Industry	Capital Markets	N/A
P/E Ratio	-7.54	28.68
Forward P/E	13.19	22.19
PEG Ratio	-0.05	N/A
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	14.99%	26.37%
Debt to Equity	181.33%	34.04%
Free Cash Flow Yield	-13.32%	N/A
P/S Ratio	N/A	3.76
P/B Ratio	N/A	5.55

Market Cap / Net Assets

CLSK

$3.95B

Winner

SPY

$735B

Expense Ratio

CLSK

N/A

SPY

0.09%

Max Drawdown

CLSK

98.56%

Winner

SPY

56.47%

Sharpe Ratio

CLSK

0.91

Winner

SPY

1.91

5Y Beta

CLSK

N/A

SPY

1.00

Industry

CLSK

Capital Markets

SPY

N/A

P/E Ratio

Winner

CLSK

-7.54

SPY

28.68

Forward P/E

Winner

CLSK

13.19

SPY

22.19

PEG Ratio

CLSK

-0.05

SPY

N/A

5Y Dividends CAGR

CLSK

N/A

SPY

5.43%

5Y EPS CAGR

CLSK

14.99%

Winner

SPY

26.37%

Debt to Equity

CLSK

181.33%

Winner

SPY

34.04%

Free Cash Flow Yield

CLSK

-13.32%

SPY

N/A

P/S Ratio

CLSK

N/A

SPY

3.76

P/B Ratio

CLSK

N/A

SPY

5.55

CLSK vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	CLSK	SPY
1 month	+30.79%	+4.84%
3 months	+62.63%	+9.57%
6 months	+64.13%	+13.79%
1 year	+61.80%	+29.34%
5 years(CAGR)	+0.83%	+13.98%
10 years(CAGR)	-6.11%	+15.66%
Max(CAGR)	-5.93%	+8.53%

Winner

CLSK

+30.79%

SPY

+4.84%

Winner

CLSK

+62.63%

SPY

+9.57%

Winner

CLSK

+64.13%

SPY

+13.79%

Winner

CLSK

+61.80%

SPY

+29.34%

5Y(CAGR)

CLSK

+0.83%

Winner

SPY

+13.98%

10Y(CAGR)

CLSK

-6.11%

Winner

SPY

+15.66%

Max(CAGR)

CLSK

-5.93%

Winner

SPY

+8.53%

CLSK vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CLSK	SPY
2026	+38.27%	+9.45%
2025	+7.09%	+18.00%
2024	-15.35%	+25.59%
2023	+448.76%	+26.72%
2022	-78.73%	-18.64%
2021	-64.29%	+30.52%
2020	+437.96%	+17.28%
2019	-76.54%	+31.09%
2018	-15.98%	-5.24%
2017	-31.27%	+20.78%
2016	+16.67%	+13.59%
2015	N/A	+1.31%
2014	N/A	+14.56%
2013	N/A	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

CLSK vs SPY Drawdown Comparison

The maximum drawdown for CLSK was -98.56%, occurring on Apr 2, 2020. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current CLSK drawdown is -78.12%. The current SPY drawdown is -0.34%.

Rank	CLSK	SPY
#1	-98.56% Sep 19, 2018 - Apr 2, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-82.00% Mar 24, 2017 - Sep 19, 2018	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-46.67% Apr 29, 2016 - Oct 10, 2016	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-33.33% Nov 22, 2016 - Mar 24, 2017	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-25.00% Jan 29, 2016 - Apr 12, 2016	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-20.25% Oct 10, 2016 - Nov 22, 2016	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	N/A	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	N/A	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	N/A	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between CLSK and SPY is -0.50 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.50

-101