Tradr 2X Short IREN Daily ETF (IREZ) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IREZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IREZ
IREZ charges 1.49% annually. There are 71 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 221.57M | Jun 2016 | IREZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 32.11M | Mar 2024 | IREZ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.03M | Nov 2017 | IREZ vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 47.36M | Nov 2021 | IREZ vs SARK | |
| ProShares Short S&P500 | 0.89% | 1.09B | Jun 2006 | IREZ vs SH |
Best Risk-Adjusted Alternatives to IREZ
Among 66 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 63.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 63 | 4.56M | Oct 2024 | IREZ vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 62 | 92.68M | Sep 2024 | IREZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 53 | 33.15M | Aug 2024 | IREZ vs SMST | |
| Direxion Daily MSFT Bear 1X Shares | 43 | 8.89M | Sep 2022 | IREZ vs MSFD | |
| YieldMax Short COIN Option Income Strategy ETF | 30 | 34.27M | Jul 2024 | IREZ vs FIAT |
Top Performing IREZ Alternatives (YTD)
Among 78 ETFs in the Inverse Equities category with YTD return data, the top-performing alternatives shown here go as high as 74.06%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Defiance Daily Target 2X Short PLTR ETF | 74.06% | 16.93M | Jun 2025 | IREZ vs PLTZ | |
| Direxion Daily PLTR Bear 1X Shares | 48.30% | 40.54M | Dec 2024 | IREZ vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 33.23% | 8.89M | Sep 2022 | IREZ vs MSFD | |
| Defiance Daily Target 2X Short BMNR ETF | 29.97% | — | Nov 2025 | IREZ vs BMNZ | |
| Direxion Daily NFLX Bear 1X Shares | 27.73% | 4.56M | Oct 2024 | IREZ vs NFXS |
Lowest Volatility Alternatives to IREZ
IREZ has 213.32% 1-year volatility. There are 80 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.38% | 112.04M | Jun 2006 | IREZ vs DOG | |
| ProShares Short S&P500 | 12.39% | 1.09B | Jun 2006 | IREZ vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.59% | 221.57M | Jun 2016 | IREZ vs SPDN | |
| Direxion Daily BRKB Bear 1X Shares | 12.95% | 2.34M | Dec 2024 | IREZ vs BRKD | |
| Gotham Short Strategies ETF | 13.53% | 12.30M | Jul 2017 | IREZ vs SHRT |
Lowest Drawdown Alternatives to IREZ
Among 66 ETFs in the Inverse Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | IREZ vs BRKD | |
| ProShares Short Financials | -11.14% | 14.07M | Jun 2008 | IREZ vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 67.03M | Jan 2011 | IREZ vs HDGE | |
| ProShares Short FTSE China 50 | -12.48% | 4.77M | Mar 2010 | IREZ vs YXI | |
| ProShares Short Dow30 | -13.59% | 112.04M | Jun 2006 | IREZ vs DOG |
Other ETFs from Tradr
The 10 most viewed Tradr ETFs shown here include TSLQ, SNXX, LITX and span 2 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | Inverse Equities | 5 | 17.46% | 118.77M | Jul 2022 | IREZ vs TSLQ | |
| Tradr 2X Long SNDK Daily ETF | Leveraged Equities | — | — | 3.90B | Jan 2026 | IREZ vs SNXX | |
| Tradr 2X Long LITE Daily ETF | Leveraged Equities | — | — | 326.32M | Jan 2026 | IREZ vs LITX | |
| Tradr 2X Long LRCX Daily ETF | Leveraged Equities | — | 331.98% | — | Aug 2025 | IREZ vs LRCU | |
| Tradr 2X Long ASTS Daily ETF | Leveraged Equities | — | -61.61% | — | Jul 2025 | IREZ vs ASTX | |
| Tradr 2X Long ACHR Daily ETF | Leveraged Equities | 3 | -69.34% | 8.85M | Jun 2025 | IREZ vs ARCX | |
| Tradr 2X Long Triple Q Quarterly ETF | Leveraged Equities | 51 | 26.71% | — | Sep 2024 | IREZ vs QQQP | |
| Tradr 2X Long APP Daily ETF | Leveraged Equities | 12 | -71.23% | 109.27M | Apr 2025 | IREZ vs APPX | |
| Tradr 2X Long AAOI Daily ETF | Leveraged Equities | — | — | — | Mar 2026 | IREZ vs AAOX | |
| Tradr 2X Long RGTI Daily ETF | Leveraged Equities | 16 | -61.02% | — | Jun 2025 | IREZ vs RGTU |
Often Compared With IREZ
Investors most often compare IREZ with YQQQ, FLYD, NVTX. These 7 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| YieldMax Short N100 Option Income Strategy ETF | Derivative Income, Inverse Equities | 4 | -6.68% | 15.61M | Aug 2024 | IREZ vs YQQQ | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | Inverse Equities | 2 | -30.35% | 5.33M | Jun 2022 | IREZ vs FLYD | |
| Tradr 2X Long NVTS Daily ETF | Leveraged Equities | — | 130.55% | — | Sep 2025 | IREZ vs NVTX | |
| -1x Short VIX Futures ETF | Volatility, Inverse Equities | 27 | -6.56% | 215.09M | Mar 2022 | IREZ vs SVIX | |
| Tradr 2X Long UPST Daily ETF | Leveraged Equities | 4 | -59.70% | — | Jun 2025 | IREZ vs UPSX | |
| Max Auto Industry -3X Inverse Leveraged ETN | Inverse Equities | 5 | 4.05% | 1.56M | Jun 2023 | IREZ vs CARD | |
| -1x Short VIX Mid-Term Futures Strategy ETF | Inverse Equities | — | — | 12.30M | Apr 2023 | IREZ vs ZIVB |
Compare IREZ with Any Fund or Stock
Compare IREZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IREZ with funds that move differently
Tradr 2X Short IREN Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IREZ.
Explore IREZ Diversifiers