IREX vs. LYFX

Last updated Jun 5, 2026

IREX (Tradr 2X Long IREN Daily ETF) and LYFX (Tradr 2X Long LYFT Daily ETF) are both Leveraged Equities funds from Tradr ETFs. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

IREX vs. LYFX - Performance Comparison

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

Returns By Period

IREX

• 1D: -11.08%
• 1M: 14.58%
• YTD: 53.26%
• 6M: -5.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LYFX

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

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

IREX vs. LYFX - Yearly Performance Comparison

	2026 (YTD)	2025
IREX Tradr 2X Long IREN Daily ETF	53.26%	-64.89%
LYFX Tradr 2X Long LYFT Daily ETF	-58.30%	-18.22%

Correlation

The correlation between IREX and LYFX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	0.09

Return for Risk

IREX vs. LYFX - 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 LYFT Daily ETF (LYFX). 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

	IREX	LYFX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	—	—

Drawdowns

Drawdown Indicators

	IREX	LYFX	Difference
Max Drawdown Largest peak-to-trough decline	-90.28%	—	—
Current Drawdown Current decline from peak	-69.73%	—	—
Average Drawdown Average peak-to-trough decline	-69.81%	—	—

Volatility

Volatility by Period

	IREX	LYFX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	213.58%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	213.58%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	213.58%	—	—

IREX vs. LYFX - Expense Ratio Comparison

Both IREX and LYFX have an expense ratio of 1.30%.

Dividends

IREX vs. LYFX - Dividend Comparison

Neither IREX nor LYFX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IREX and LYFX in my portfolio?

IREX and LYFX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IREX or LYFX?

Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IREX or LYFX?

IREX and LYFX have the same expense ratio: 1.30% per year.

Which ETF pays a higher dividend yield, IREX or LYFX?

IREX and LYFX have nearly identical dividend yields, around 0.00%.