IREX vs. LITX
IREX (Tradr 2X Long IREN Daily ETF) and LITX (Tradr 2X Long LITE Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Their 0.27 correlation means their historical movements had little consistent relationship. IREX charges 1.30%/yr vs 1.49%/yr for LITX.
Performance
IREX vs. LITX - Performance Comparison
Loading charts...
Returns By Period
IREX
- 1D
- -7.69%
- 1M
- -25.12%
- 6M
- -77.29%
- YTD
- -59.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
LITX
- 1D
- 5.60%
- 1M
- -12.69%
- 6M
- 78.91%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $22.60M | $19.41M | $32.20M | |
| $72.96M | $66.22M | $208.61M |
IREX vs. LITX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IREX Tradr 2X Long IREN Daily ETF | -76.94% |
LITX Tradr 2X Long LITE Daily ETF | 126.81% |
Correlation
The correlation between IREX and LITX is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026 | 0.27 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IREX vs. LITX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long IREN Daily ETF (IREX) and Tradr 2X Long LITE Daily ETF (LITX). 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.
Loading charts...
Drawdowns
IREX vs. LITX - Drawdown Comparison
The maximum IREX drawdown since its inception was -94.59%, which is greater than LITX's maximum drawdown of -73.97%. Use the drawdown chart below to compare losses from any high point for IREX and LITX.
Loading charts...
Drawdown Indicators
| IREX | LITX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.59% | -73.97% | -20.62% |
Current DrawdownCurrent decline from peak | -91.95% | -63.99% | -27.96% |
Average DrawdownAverage peak-to-trough decline | -72.44% | -25.05% | -47.39% |
Volatility
IREX vs. LITX - Volatility Comparison
Loading charts...
Volatility by Period
| IREX | LITX | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 226.65% | 198.72% | +27.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 226.65% | 198.72% | +27.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 226.65% | 198.72% | +27.93% |
IREX vs. LITX - Expense Ratio Comparison
IREX has a 1.30% expense ratio, which is lower than LITX's 1.49% expense ratio.
Dividends
IREX vs. LITX - Dividend Comparison
Neither IREX nor LITX has paid dividends to shareholders.
Frequently Asked Questions
IREX and LITX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IREX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IREX is cheaper with a 1.30% expense ratio, compared with 1.49% for LITX.
IREX and LITX have nearly identical dividend yields, around 0.00%.
Their fees differ too: 1.30% for IREX and 1.49% for LITX.
Find the right allocation for IREX and LITX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer