Defiance Daily Target 2X Long IREN ETF (IRE) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IRE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IRE
IRE charges 1.31% annually. There are 365 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | IRE vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | IRE vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | IRE vs SPUU | |
| Leverage Shares 2X Long FUTU Daily ETF | 0.75% | 8.47M | Oct 2025 | IRE vs FUTG | |
| Leverage Shares 2X Long COST Daily ETF | 0.75% | 5.48M | Sep 2025 | IRE vs COTG |
Best Risk-Adjusted Alternatives to IRE
Among 235 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | IRE vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | IRE vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | IRE vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | IRE vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 97 | 1.73B | Apr 2013 | IRE vs KORU |
Top Performing IRE Alternatives (YTD)
IRE is at 61.20% YTD. There are 65 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 961.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 961.23% | 3.44B | Oct 2024 | IRE vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | IRE vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | IRE vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 842.68% | 568.50M | Mar 2025 | IRE vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 757.76% | 101.08M | Feb 2025 | IRE vs DLLL |
Lowest Volatility Alternatives to IRE
IRE has 214.53% 1-year volatility. There are 407 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.70% | 22.62M | Apr 2021 | IRE vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | IRE vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | IRE vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | IRE vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | IRE vs XDSQ |
Lowest Drawdown Alternatives to IRE
Among 235 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | IRE vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | IRE vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | IRE vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | IRE vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | IRE vs XDSQ |
Other ETFs from Defiance ETFs
The 5 most viewed Defiance ETFs ETFs shown here include AVXX, LMNX, QBTZ and span 2 categories. AUM among these funds goes as high as $22M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Long AVAV ETF | Leveraged Equities | — | -57.61% | 17.72M | Oct 2025 | IRE vs AVXX | |
| Defiance Daily Target 2X Long LMND ETF | Leveraged Equities | — | -62.00% | 6.47M | Oct 2025 | IRE vs LMNX | |
| Defiance Daily Target 2X Short QBTS ETF | Inverse Equities | — | -86.63% | 16.56M | Oct 2025 | IRE vs QBTZ | |
| Defiance Daily Target 2X Short RGTI ETF | Inverse Equities | — | -85.91% | 21.83M | Oct 2025 | IRE vs RGTZ | |
| Defiance Daily Target 2X Long OSCR ETF | Leveraged Equities | — | 53.79% | 8.07M | Sep 2025 | IRE vs OSCX |
Often Compared With IRE
Investors most often compare IRE with IREG, FIGG, INTW. These 19 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare IRE with Any Fund or Stock
Compare IRE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IRE with funds that move differently
Defiance Daily Target 2X Long IREN ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IRE.
Explore IRE Diversifiers