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 369 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% | 43.18M | Mar 2026 | IRE vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | IRE vs IFED | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | IRE vs BRKL | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | IRE vs SPUU | |
| Leverage Shares 2X Long IREN Daily ETF | 0.75% | 19.76M | Dec 2025 | IRE vs IREG |
Best Risk-Adjusted Alternatives to IRE
Among 284 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | IRE vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | IRE vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | IRE vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | IRE vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.17M | Apr 2021 | IRE vs QTAP |
Top Performing IRE Alternatives (YTD)
IRE is at -63.30% YTD. There are 321 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 615.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 615.57% | 101.24M | Feb 2025 | IRE vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 372.51% | 3.86B | Oct 2024 | IRE vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 359.36% | 531.06M | Nov 2024 | IRE vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 259.95% | 63.06M | Nov 2025 | IRE vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 259.86% | 282.58M | Feb 2025 | IRE vs INTW |
Lowest Volatility Alternatives to IRE
IRE has 226.19% 1-year volatility. There are 428 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.93% | 22.69M | Apr 2021 | IRE vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.61% | 20.17M | Apr 2021 | IRE vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.79% | 13.42M | Jul 2021 | IRE vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.98% | 69.34M | Apr 2021 | IRE vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.72% | 20.96M | Jul 2021 | IRE vs QTJL |
Lowest Drawdown Alternatives to IRE
Among 284 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | IRE vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.17M | Apr 2021 | IRE vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | IRE vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 20.96M | Jul 2021 | IRE vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | IRE vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 12 categories. AUM among these funds goes as high as $5B.
Often Compared With IRE
Investors most often compare IRE with OSCX, AVXX, FUTG. These 20 comparison targets span 6 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