Iris Energy Limited vs YieldMax Universe Fund of Option Income ETFs — how do they compare? Iris Energy Limited trades at $35.18 (market cap $14.07B), while YieldMax Universe Fund of Option Income ETFs trades at $7.58 (market cap $364M). The key difference: Iris Energy Limited is far larger — about 38.7× YieldMax Universe Fund of Option Income ETFs's market cap, and Iris Energy Limited is more actively traded (54,492,460 versus 1,181,378). Which is the better fit depends on your goals — on Pluang, investors hold Iris Energy Limited for 28 Days and YieldMax Universe Fund of Option Income ETFs for 55 Days on average.
| IREN | YMAX | |
|---|---|---|
Market Cap | $14.07B | $364M |
Volume | 54,492,460 | 1,181,378 |
Sector | Technology | Income / Options Overlay |
52-Week High | $76.41 | $12.98 |
52-Week Low | $29.31 | $7.27 |
Typical Hold Time | 28 Days | 55 Days |
Enterprise Value | $16.02B | — |
Signals from Pluang's Aura AI — not financial advice
IREN stock trades at $35.15, down 9.15% in the last 24 hours, reflecting bearish technical signals despite strong analyst buy ratings. The company reported revenue of $501.02M in 2025 with a net income of $86.94M, but recent quarterly EPS misses and a projected net loss of -$703M for 2026 highlight profitability challenges. Key developments include a $9.7 billion deal with Microsoft and a strategic pivot from Bitcoin mining to AI cloud services, positioning IREN in the high-growth AI infrastructure sector.
The outlook for IREN is mixed: significant upside exists from analyst price targets averaging $81.00, driven by AI demand and contracted revenue, but risks include execution on massive capital expenditure, intense competition, and current negative profitability. Investors face high volatility amid transformative growth ambitions versus near-term financial strain.
YMAX trades at $7.53, down 1.83% on the day, with a bearish technical signal from moving averages. The ETF maintains weekly dividend distributions but faces concerns about NAV erosion and sustainability. Recent portfolio adjustments aim to address performance issues, though the fund's structure as a fund-of-funds adds additional cost layers that impact returns.
The outlook remains cautious due to structural concerns and persistent share price decline despite high yield. Investment opportunity exists for income-focused investors willing to accept principal erosion risks, while the primary risk involves unsustainable distribution policy and compounding fees affecting long-term total returns.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Iris Energy is a next-generation data center company that powers Bitcoin mining and AI workloads using 100% renewable energy. It focuses on building sustainable infrastructure for the global digital economy.
Read more on IREN →YMAX is an actively managed 'fund of funds' that provides equal-weighted exposure to the full suite of YieldMax option income ETFs. It is designed to generate high current income by aggregating the premiums from various single-stock and thematic covered call strategies, offering a diversified approach to high-yield option investing.
Read more on YMAX →