IREN vs LI

Comparison between Iris Energy Ltd (IREN, Company) and Li Auto Inc (LI, Company).

IREN is from the Financial Services sector, while LI is from the Consumer Cyclical sector.

5-Year PerformanceIREN has outperformed LI, delivering a return of +9.8% compared to -16.0%

IREN vs LI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IREN(COMPANY)	LI(COMPANY)
Market Cap	$13B	$13B
Max Drawdown	95.73%	74.83%
Sharpe Ratio	1.26	-1.69
5Y Beta	2.73	0.66
Industry	Capital Markets	Auto Manufacturers
P/E Ratio	468.85	79.72
Forward P/E	136.99	53.19
PEG Ratio	4.05	0.82
Debt to Equity	0.00%	13.11%
Free Cash Flow Yield	-11.26%	-9.48%
P/S Ratio	18.36	0.12
P/B Ratio	4.94	1.30

Market Cap

IREN

$13B

Winner

$13B

Max Drawdown

IREN

95.73%

Winner

74.83%

Sharpe Ratio

Winner

IREN

1.26

-1.69

5Y Beta

IREN

2.73

Winner

0.66

Industry

IREN

Capital Markets

Auto Manufacturers

P/E Ratio

IREN

468.85

Winner

79.72

Forward P/E

IREN

136.99

Winner

53.19

PEG Ratio

IREN

4.05

Winner

0.82

Debt to Equity

Winner

IREN

0.00%

13.11%

Free Cash Flow Yield

IREN

-11.26%

Winner

-9.48%

P/S Ratio

IREN

18.36

Winner

0.12

P/B Ratio

IREN

4.94

Winner

1.30

IREN vs LI - Historical Returns

Returns include dividend reinvestment.

Period	IREN	LI
1 month	-13.62%	+5.57%
3 months	-37.80%	-28.39%
6 months	-9.32%	-33.10%
1 year	+107.04%	-47.56%
5 years(CAGR)	+9.76%	-16.01%
Max(CAGR)	+9.76%	-4.23%

IREN

-13.62%

Winner

+5.57%

IREN

-37.80%

Winner

-28.39%

Winner

IREN

-9.32%

-33.10%

Winner

IREN

+107.04%

-47.56%

5Y(CAGR)

Winner

IREN

+9.76%

-16.01%

Max(CAGR)

Winner

IREN

+9.76%

-4.23%

IREN vs LI - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	IREN	LI
2026	-11.17%	-26.43%
2025	+261.09%	-29.52%
2024	+44.41%	-30.64%
2023	+500.84%	+78.41%
2022	-91.79%	-36.92%
2021	-33.87%	-1.11%
2020	N/A	+75.15%

IREN vs LI Drawdown Comparison

The maximum drawdown for IREN was -95.73%, occurring on Dec 28, 2022. Recovery took 946 trading sessions.

The maximum drawdown for LI was -74.83%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The current IREN drawdown is -50.36%. The current LI drawdown is -72.80%.

Rank	IREN	LI
#1	-95.73% Nov 19, 2021 - Aug 29, 2025	-74.83% Aug 7, 2023 - Jun 30, 2026
#2	-61.64% Nov 5, 2025 - Jul 29, 2026	-69.02% Nov 24, 2020 - Aug 1, 2023
#3	-25.49% Oct 14, 2025 - Nov 5, 2025	-35.46% Aug 26, 2020 - Nov 3, 2020
#4	-11.20% Sep 24, 2025 - Oct 3, 2025	-21.08% Aug 6, 2020 - Aug 26, 2020
#5	-10.24% Sep 2, 2025 - Sep 9, 2025	-11.11% Nov 5, 2020 - Nov 12, 2020
#6	-6.39% Oct 9, 2025 - Oct 13, 2025	-2.79% Jul 30, 2020 - Aug 4, 2020
#7	-4.29% Nov 17, 2021 - Nov 19, 2021	-1.83% Nov 12, 2020 - Nov 16, 2020
#8	-4.17% Sep 17, 2025 - Sep 19, 2025	-1.50% Aug 3, 2023 - Aug 7, 2023
#9	-2.58% Oct 7, 2025 - Oct 9, 2025	-1.41% Nov 16, 2020 - Nov 19, 2020
#10	-2.32% Sep 10, 2025 - Sep 12, 2025	N/A
#11	-1.86% Sep 15, 2025 - Sep 17, 2025	N/A
#12	-0.31% Sep 22, 2025 - Sep 24, 2025	N/A

Correlation

Correlation between IREN and LI is -0.54 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.54

-101