IREN

IREN · Information Technology · United States

IREN (IREN) is a company in the Information Technology sector, based in United States. The stock is held in 2 ETFs we track – with its largest weight of 0.02 % in EUNL (msci-world). Anyone holding one of these ETFs also owns a small indirect stake in IREN.

Below-average ETF coverage: 2 of the 95 ETFs we cover hold IREN, spread across 2 indices. That puts the stock in more ETFs than 22.3 % of the 4,334 stocks we cover.

Held in2 ETFs

Highest weight0.02 %

Indices2

SectorInformation Technology

CountryUnited States

Data note 1

Price chart

Data note 2

Performance

Performance
Year to date	+12.8 %	1 year	+16.9 %
1 month	-5.1 %	3 months	-26.7 %
Calendar year 2025	+284.6 %

52W

Data note 3

Measured in euros, IREN returned +14.9 % year to date and +19.7 % over one year. The gap to the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.

Data note 4

Risk metrics

Max drawdown-65.6 %

Volatility p.a.105.4 %

Data note 5

Below peak-44.2 %

Beta to S&P 5003.81

Correlation to S&P 5000.45

The close on Sep 16, 2026 was 44.2 % below the highest close since Aug 12, 2024, reached on Nov 5, 2025. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, IREN moved on average 3.81 % in the same direction. The correlation of 0.45 shows how reliable that average is: the broad market explained part of the daily moves, but far from all.

Data note 6

Correlated with

The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.

Correlated with
Instrument	r	−1 … +1
CoreWeave Inc. Class A	+0.66
S&P 500 Informationstechnologie	+0.64
MSCI Emerging Markets	+0.62
MSCI EM IMI	+0.62
Nasdaq 100	+0.61
EMCOR Group Inc.	+0.61
Waste Connections Inc.	-0.54
Waste Management Inc.	-0.52
Republic Services Inc.	-0.51

Data note 7

Key financials

Latest reported fiscal year (FY2025, period end 2025-06-30) as filed with the SEC.

Revenue0.5 bn $

Net income0.1 bn $

Diluted EPS0.39 $

Net margin17.4 %

Return on equity3.5 %

Equity ratio35.7 %

Revenue growth+167.7 %

Revenue and profit by fiscal year
Fiscal year	Revenue	Net income	Margin
FY2023	0.1	-0.2	-227.6 %
FY2024	0.2	-0.0	-15.4 %
FY2025	0.5	0.1	17.4 %

Data note 8

Held in these ETFs

Held in these ETFs
ETF	Index	Weight	per €1,000 in the ETF
EUNL	msci-world	0.02 %	€0.20
IUSQ	msci-acwi	0.01 %	€0.10

Data note 9

The last column turns the weight into euros: this much of €1,000 invested in one of these funds is allocated to IREN as of the fund's latest holdings list.

How much IREN overlaps with other holdings in a portfolio is shown by the Portfolio X-Ray and the ETF overlap check.