IVRS vs. GOOX
IVRS (iShares Future Metaverse Tech And Communications ETF) and GOOX (T-Rex 2X Long Alphabet Daily Target ETF) are both exchange-traded funds - IVRS is a Technology Equities fund tracking the Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net, while GOOX is a Leveraged Equities fund actively managed by T-Rex. IVRS is passively managed, while GOOX is actively managed. Over the past year, IVRS returned -11.56% vs 213.88% for GOOX. Their 0.48 correlation means their historical movements had little consistent relationship. IVRS charges 0.47%/yr vs 1.05%/yr for GOOX.
Performance
IVRS vs. GOOX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IVRS achieves a -7.07% return, which is significantly lower than GOOX's 24.05% return.
IVRS
- 1D
- 2.16%
- 1M
- 0.63%
- 6M
- -1.65%
- YTD
- -7.07%
- 1Y
- -11.56%
- 3Y*
- 7.73%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.16%
GOOX
- 1D
- 8.51%
- 1M
- 6.14%
- 6M
- 3.76%
- YTD
- 24.05%
- 1Y
- 213.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 71.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.21M | $7.02M | $7.62M | |
| $45.64K | $34.99K | $21.63K |
IVRS vs. GOOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IVRS iShares Future Metaverse Tech And Communications ETF | -7.07% | 12.75% | 10.03% |
GOOX T-Rex 2X Long Alphabet Daily Target ETF | 24.05% | 121.41% | 44.31% |
Correlation
The correlation between IVRS and GOOX is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.48 |
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
IVRS vs. GOOX — Risk / Return Rank
IVRS
GOOX
IVRS vs. GOOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future Metaverse Tech And Communications ETF (IVRS) and T-Rex 2X Long Alphabet Daily Target ETF (GOOX). 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.
| IVRS | GOOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.85 | ||
| Sortino ratioReturn per unit of downside risk | -4.27 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.46 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 5.52 | -5.89 |
| Martin ratioReturn relative to average drawdown | -0.69 | 14.22 | -14.91 |
Loading charts...
Drawdowns
IVRS vs. GOOX - Drawdown Comparison
The maximum IVRS drawdown since its inception was -31.43%, smaller than the maximum GOOX drawdown of -52.46%. Use the drawdown chart below to compare losses from any high point for IVRS and GOOX.
Loading charts...
Drawdown Indicators
| IVRS | GOOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.43% | -52.46% | +21.03% |
Max Drawdown (1Y)Largest decline over 1 year | -31.43% | -39.00% | +7.57% |
Max Drawdown (3Y)Largest decline over 3 years | -31.43% | — | — |
Current DrawdownCurrent decline from peak | -20.06% | -17.55% | -2.51% |
Average DrawdownAverage peak-to-trough decline | -6.51% | -17.47% | +10.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.79% | 15.11% | +1.68% |
Volatility
IVRS vs. GOOX - Volatility Comparison
The current volatility for iShares Future Metaverse Tech And Communications ETF (IVRS) is 7.97%, while T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a volatility of 27.63%. This indicates that IVRS experiences smaller price fluctuations and is considered to be less risky than GOOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IVRS | GOOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.97% | 27.63% | -19.66% |
Volatility (6M)Calculated over the trailing 6-month period | 19.96% | 49.57% | -29.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.89% | 64.16% | -40.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.88% | 61.98% | -41.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.88% | 61.98% | -41.10% |
IVRS vs. GOOX - Expense Ratio Comparison
IVRS has a 0.47% expense ratio, which is lower than GOOX's 1.05% expense ratio.
Dividends
IVRS vs. GOOX - Dividend Comparison
IVRS's dividend yield for the trailing twelve months is around 8.62%, more than GOOX's 0.25% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GOOX T-Rex 2X Long Alphabet Daily Target ETF | 0.25% | 0.30% | 16.78% | 0.00% |
IVRS iShares Future Metaverse Tech And Communications ETF | 8.62% | 7.88% | 6.65% | 0.48% |
Frequently Asked Questions
IVRS and GOOX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOX has higher volatility (27.63%) compared to IVRS (7.97%). In terms of maximum drawdown, IVRS dropped -31.43% vs GOOX's -52.46%.
On 1-year performance, GOOX leads with 213.88% vs -11.56% for IVRS. On fees, IVRS is cheaper at 0.47% per year. On volatility, IVRS has been the lower-risk option at 7.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GOOX has performed better with a 213.88% return vs -11.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IVRS is cheaper with a 0.47% expense ratio, compared with 1.05% for GOOX.
IVRS has the higher dividend yield at 8.62%, compared with 0.25% for GOOX.
IVRS is categorized as Technology Equities, while GOOX is Leveraged Equities. They also come from different issuers: iShares and T-Rex. Their fees differ too: 0.47% for IVRS and 1.05% for GOOX.
GOOX currently has the higher Sharpe Ratio (3.36 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IVRS and GOOX
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