ELAN vs IREN
Comparison between Elanco Animal Health Inc (ELAN, Company) and Iris Energy Ltd (IREN, Company).
ELAN is from the Healthcare sector, while IREN is from the Financial Services sector.
5-Year PerformanceIREN has outperformed ELAN, delivering a return of +7.1% compared to -5.5%
ELAN vs IREN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ELAN vs IREN - Historical Returns
Returns include dividend reinvestment.
ELAN vs IREN - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | ELAN | IREN |
|---|---|---|
| 2026 | +14.79% | -21.26% |
| 2025 | +87.80% | +261.09% |
| 2024 | -17.28% | +44.41% |
| 2023 | +20.65% | +500.84% |
| 2022 | -56.74% | -91.79% |
| 2021 | -6.95% | -33.87% |
| 2020 | +4.07% | N/A |
| 2019 | -7.39% | N/A |
| 2018 | -12.42% | N/A |
ELAN vs IREN Drawdown Comparison
The maximum drawdown for ELAN was -78.00%, occurring on May 30, 2023. This drawdown has not yet recovered.
The maximum drawdown for IREN was -95.73%, occurring on Dec 28, 2022. Recovery took 946 trading sessions.
The current ELAN drawdown is -29.60%. The current IREN drawdown is -56.00%.
| Rank | ELAN | IREN |
|---|---|---|
| #1 | -78.00% Aug 3, 2021 - May 30, 2023 | -95.73% Nov 19, 2021 - Aug 29, 2025 |
| #2 | -53.91% Sep 27, 2018 - Jul 23, 2021 | -58.62% Nov 5, 2025 - Mar 30, 2026 |
| #3 | -5.28% Sep 20, 2018 - Sep 27, 2018 | -25.49% Oct 14, 2025 - Nov 5, 2025 |
| #4 | -1.89% Jul 23, 2021 - Jul 28, 2021 | -11.20% Sep 24, 2025 - Oct 3, 2025 |
| #5 | -0.46% Jul 28, 2021 - Aug 3, 2021 | -10.24% Sep 2, 2025 - Sep 9, 2025 |
| #6 | N/A | -6.39% Oct 9, 2025 - Oct 13, 2025 |
| #7 | N/A | -4.29% Nov 17, 2021 - Nov 19, 2021 |
| #8 | N/A | -4.17% Sep 17, 2025 - Sep 19, 2025 |
| #9 | N/A | -2.58% Oct 7, 2025 - Oct 9, 2025 |
| #10 | N/A | -2.32% Sep 10, 2025 - Sep 12, 2025 |
| #11 | N/A | -1.86% Sep 15, 2025 - Sep 17, 2025 |
| #12 | N/A | -0.31% Sep 22, 2025 - Sep 24, 2025 |
Correlation
Correlation between ELAN and IREN is 0.62 which considered as a moderate positive correlation - the stocks show some tendency to move together.
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