COHX vs. IREG

Last updated Jun 5, 2026

COHX (Tradr 2X Long COHR Daily ETF) and IREG (Leverage Shares 2X Long IREN Daily ETF) are both Leveraged Equities funds. COHX is passively managed, while IREG is actively managed. At a 0.33 correlation, their price movements are largely independent. COHX charges 1.49%/yr vs 0.75%/yr for IREG.

Performance

COHX vs. IREG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long COHR Daily ETF (COHX) and Leverage Shares 2X Long IREN Daily ETF (IREG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COHX

• 1D: 1.76%
• 1M: 46.78%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IREG

• 1D: -11.36%
• 1M: 14.10%
• YTD: 56.37%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COHX vs. IREG - Yearly Performance Comparison

	2026 (YTD)
COHX Tradr 2X Long COHR Daily ETF	160.22%
IREG Leverage Shares 2X Long IREN Daily ETF	48.29%

Correlation

The correlation between COHX and IREG is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 20, 2026	0.33

Return for Risk

COHX vs. IREG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long COHR Daily ETF (COHX) and Leverage Shares 2X Long IREN Daily ETF (IREG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	COHX	IREG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	14.78	0.90	+13.88

Drawdowns

COHX vs. IREG - Drawdown Comparison

The maximum COHX drawdown since its inception was -50.30%, smaller than the maximum IREG drawdown of -80.08%. Use the drawdown chart below to compare losses from any high point for COHX and IREG.

Drawdown Indicators

	COHX	IREG	Difference
Max Drawdown Largest peak-to-trough decline	-50.30%	-80.08%	+29.78%
Current Drawdown Current decline from peak	-3.01%	-37.68%	+34.67%
Average Drawdown Average peak-to-trough decline	-16.77%	-44.04%	+27.27%

Volatility

Volatility by Period

	COHX	IREG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	178.19%	207.94%	-29.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	178.19%	207.94%	-29.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	178.19%	207.94%	-29.75%

COHX vs. IREG - Expense Ratio Comparison

COHX has a 1.49% expense ratio, which is higher than IREG's 0.75% expense ratio.

Dividends

COHX vs. IREG - Dividend Comparison

Neither COHX nor IREG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both COHX and IREG in my portfolio?

COHX and IREG have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COHX or IREG?

On fees, IREG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COHX or IREG?

IREG is cheaper with a 0.75% expense ratio, compared with 1.49% for COHX.

Which ETF pays a higher dividend yield, COHX or IREG?

COHX and IREG have nearly identical dividend yields, around 0.00%.

What is the main difference between COHX and IREG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for COHX and 0.75% for IREG.