IREN vs NBIS: returns, Sharpe ratio and drawdown

Over the past year, NBIS returned +70.61% against -41.12% for IREN. Over five years, NBIS averaged +245.36% a year, compared with +7.42% for IREN. NBIS had the higher Sharpe ratio over the past year (0.98 vs -0.02), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -48.30% for NBIS and -61.64% for IREN.