GFOF vs. IREG

Last updated Jun 4, 2026

GFOF (Grayscale Future of Finance ETF) and IREG (Leverage Shares 2X Long IREN Daily ETF) are both exchange-traded funds - GFOF is a Blockchain fund tracking the Bloomberg Grayscale Future of Finance Index, while IREG is a Leveraged Equities fund actively managed by Leverage Shares. GFOF is passively managed, while IREG is actively managed. GFOF charges 0.70%/yr vs 0.75%/yr for IREG.

Performance

GFOF vs. IREG - Performance Comparison

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

Returns By Period

GFOF

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

IREG

• 1D: -3.13%
• 1M: 56.03%
• YTD: 76.42%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GFOF vs. IREG - Yearly Performance Comparison

	2026 (YTD)	2025
GFOF Grayscale Future of Finance ETF	0.00%	0.00%
IREG Leverage Shares 2X Long IREN Daily ETF	76.42%	3.65%

Return for Risk

GFOF vs. IREG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Future of Finance ETF (GFOF) 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

	GFOF	IREG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.33	—

Drawdowns

Drawdown Indicators

	GFOF	IREG	Difference
Max Drawdown Largest peak-to-trough decline	—	-80.08%	—
Current Drawdown Current decline from peak	—	-29.69%	—
Average Drawdown Average peak-to-trough decline	—	-44.09%	—

Volatility

Volatility by Period

	GFOF	IREG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	208.00%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	208.00%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	208.00%	—

GFOF vs. IREG - Expense Ratio Comparison

GFOF has a 0.70% expense ratio, which is lower than IREG's 0.75% expense ratio.

Dividends

GFOF vs. IREG - Dividend Comparison

Neither GFOF nor IREG has paid dividends to shareholders.

Position	TTM	2025	2024	2023
GFOF Grayscale Future of Finance ETF	0.00%	0.00%	2.55%	4.08%
IREG Leverage Shares 2X Long IREN Daily ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, GFOF or IREG?

On fees, GFOF is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GFOF or IREG?

GFOF is cheaper with a 0.70% expense ratio, compared with 0.75% for IREG.

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

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

What is the main difference between GFOF and IREG?

GFOF is categorized as Blockchain, while IREG is Leveraged Equities. They also come from different issuers: Grayscale and Leverage Shares. Their fees differ too: 0.70% for GFOF and 0.75% for IREG.