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