IREG vs. IREX
IREG (Leverage Shares 2X Long IREN Daily ETF) and IREX (Tradr 2X Long IREN Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 1.00 correlation means they have historically moved very closely together. IREG charges 0.75%/yr vs 1.30%/yr for IREX.
Performance
IREG vs. IREX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with IREG having a -57.67% return and IREX slightly lower at -59.26%.
IREG
- 1D
- -7.42%
- 1M
- -24.60%
- 6M
- -76.50%
- YTD
- -57.67%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
IREX
- 1D
- -7.69%
- 1M
- -25.12%
- 6M
- -77.29%
- YTD
- -59.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.88M | $7.65M | $9.55M | |
| $22.60M | $19.41M | $32.20M |
IREG vs. IREX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IREG Leverage Shares 2X Long IREN Daily ETF | -57.67% | 16.86% |
IREX Tradr 2X Long IREN Daily ETF | -59.26% | 9.17% |
Correlation
The correlation between IREG and IREX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025 | 1.00 |
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Return for Risk
IREG vs. IREX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long IREN Daily ETF (IREG) and Tradr 2X Long IREN Daily ETF (IREX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
IREG vs. IREX - Drawdown Comparison
The maximum IREG drawdown since its inception was -88.63%, smaller than the maximum IREX drawdown of -94.59%. Use the drawdown chart below to compare losses from any high point for IREG and IREX.
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Drawdown Indicators
| IREG | IREX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.63% | -94.59% | +5.96% |
Current DrawdownCurrent decline from peak | -83.13% | -91.95% | +8.82% |
Average DrawdownAverage peak-to-trough decline | -49.75% | -72.44% | +22.69% |
Volatility
IREG vs. IREX - Volatility Comparison
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Volatility by Period
| IREG | IREX | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 225.92% | 226.65% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 225.92% | 226.65% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 225.92% | 226.65% | -0.73% |
IREG vs. IREX - Expense Ratio Comparison
IREG has a 0.75% expense ratio, which is lower than IREX's 1.30% expense ratio.
Dividends
IREG vs. IREX - Dividend Comparison
Neither IREG nor IREX has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, IREG and IREX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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.
IREG is cheaper with a 0.75% expense ratio, compared with 1.30% for IREX.
IREG and IREX have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for IREG and 1.30% for IREX.
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