IREN Limited drawdown: 45.3% below the all-time high
IREN Limited is 45.3% below its all-time high, set Nov 5, 2025 (as of market close, Oct 2, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −45.3%
- 54.7% of ATH
- All-time high
- $76.41
- Nov 5, 2025
- Time below the high
- 11 mo
- since Nov 5, 2025
- Worst-ever drawdown
- −95.7%
- Dec 28, 2022
- Longest underwater
- 3.8 yrs
- between all-time highs
- Today's level first reached
- Sep 22, 2025
- 12 mo ago
- Last time this deep
- Jun 26, 2025
- in a previous episode
% of all-time high since 2021#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 19, 2021 | Dec 28, 2022 | −95.7% | 13 mo | Aug 29, 2025 | 3.8 yrs |
| Nov 5, 2025 | Jul 29, 2026 | −61.6% | 9 mo | not yet | 11 mo+ |
| Oct 14, 2025 | Oct 22, 2025 | −25.5% | 8 days | Nov 5, 2025 | 22 days |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2021: how far IREN Limited stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is IREN Limited from its all-time high?
- IREN Limited is currently 45.3% below its all-time high, set Nov 5, 2025 (as of market close, Oct 2, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest IREN Limited drawdown ever?
- The deepest decline on record in our data (since 2021) took IREN Limited 95.7% below its prior high, bottoming Dec 28, 2022. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from IREN; no free deep history exists for IREN Limited — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.