IFED vs. BRKL

Last updated Aug 5, 2026

IFED (ETRACS IFED Invest with the Fed TR Index ETN) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. IFED is passively managed, while BRKL is actively managed. Their -0.44 correlation means they have often moved in opposite directions in the past. Both charge a 0.45% expense ratio.

Performance

IFED vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IFED

• 1D: 0.00%
• 1M: 10.34%
• 6M: 12.77%
• YTD: 6.57%
• 1Y: 9.27%
• 3Y*: 18.28%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.61%

BRKL

• 1D: 1.64%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRKL Corgi BRKB 2x Daily ETF	$6.23K	$15.92K	$15.92K
IFED ETRACS IFED Invest with the Fed TR Index ETN	$121.94K	$80.88K	$45.76K

IFED vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
IFED ETRACS IFED Invest with the Fed TR Index ETN	10.34%
BRKL Corgi BRKB 2x Daily ETF	3.51%

Correlation

The correlation between IFED and BRKL is -0.44, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	-0.44

Return for Risk

IFED vs. BRKL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IFED

IFED Risk / Return Rank: 19
IFED Sharpe Ratio Rank: 17
IFED Sortino Ratio Rank: 18
IFED Omega Ratio Rank: 23
IFED Calmar Ratio Rank: 17
IFED Martin Ratio Rank: 20

BRKL

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IFED vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS IFED Invest with the Fed TR Index ETN (IFED) and Corgi BRKB 2x Daily ETF (BRKL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IFED	BRKL	Difference
Sharpe ratio: Return per unit of total volatility	0.32	—	—
Sortino ratio: Return per unit of downside risk	0.67	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.46	—	—
Martin ratio: Return relative to average drawdown	1.43	—	—

Drawdowns

IFED vs. BRKL - Drawdown Comparison

The maximum IFED drawdown since its inception was -22.36%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for IFED and BRKL.

Drawdown Indicators

	IFED	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-7.03%	-15.33%
Max Drawdown (1Y) Largest decline over 1 year	-20.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.36%	—	—
Current Drawdown Current decline from peak	-10.51%	0.00%	-10.51%
Average Drawdown Average peak-to-trough decline	-5.85%	-3.74%	-2.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.50%	—	—

Volatility

Volatility by Period

	IFED	BRKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.47%	29.89%	-0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.59%	29.89%	-7.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.59%	29.89%	-7.30%

IFED vs. BRKL - Expense Ratio Comparison

Both IFED and BRKL have an expense ratio of 0.45%.

Dividends

IFED vs. BRKL - Dividend Comparison

Neither IFED nor BRKL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IFED and BRKL in my portfolio?

IFED and BRKL have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IFED or BRKL?

Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IFED or BRKL?

IFED and BRKL have the same expense ratio: 0.45% per year.

Which ETF pays a higher dividend yield, IFED or BRKL?

IFED and BRKL have nearly identical dividend yields, around 0.00%.

What is the main difference between IFED and BRKL?

They also come from different issuers: UBS and Corgi.