RGTZ vs. IRE
RGTZ (Defiance Daily Target 2X Short RGTI ETF) and IRE (Defiance Daily Target 2X Long IREN ETF) are both exchange-traded funds - RGTZ is a Inverse Equities fund actively managed by Defiance ETFs, while IRE is a Leveraged Equities fund actively managed by Defiance ETFs. Both are actively managed. At a correlation of -0.56, they often move in opposite directions. RGTZ charges 1.29%/yr vs 1.31%/yr for IRE.
Performance
RGTZ vs. IRE - Performance Comparison
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Returns By Period
In the year-to-date period, RGTZ achieves a -85.18% return, which is significantly lower than IRE's 3.96% return.
RGTZ
- 1D
- 1.25%
- 1M
- 16.13%
- YTD
- -85.18%
- 6M
- -81.74%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IRE
- 1D
- -7.39%
- 1M
- -17.03%
- YTD
- 3.96%
- 6M
- -16.78%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RGTZ vs. IRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RGTZ Defiance Daily Target 2X Short RGTI ETF | -85.18% | 61.21% |
IRE Defiance Daily Target 2X Long IREN ETF | 3.96% | -67.36% |
Correlation
The correlation between RGTZ and IRE is -0.56, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 21, 2025 | -0.56 |
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Return for Risk
RGTZ vs. IRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short RGTI ETF (RGTZ) and Defiance Daily Target 2X Long IREN ETF (IRE). 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
RGTZ vs. IRE - Drawdown Comparison
The maximum RGTZ drawdown since its inception was -92.92%, roughly equal to the maximum IRE drawdown of -90.87%. Use the drawdown chart below to compare losses from any high point for RGTZ and IRE.
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Drawdown Indicators
| RGTZ | IRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.92% | -90.87% | -2.05% |
Current DrawdownCurrent decline from peak | -91.04% | -79.98% | -11.06% |
Average DrawdownAverage peak-to-trough decline | -44.54% | -70.19% | +25.65% |
Volatility
RGTZ vs. IRE - Volatility Comparison
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Volatility by Period
| RGTZ | IRE | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 218.33% | 213.47% | +4.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 218.33% | 213.47% | +4.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 218.33% | 213.47% | +4.86% |
RGTZ vs. IRE - Expense Ratio Comparison
RGTZ has a 1.29% expense ratio, which is lower than IRE's 1.31% expense ratio.
Dividends
RGTZ vs. IRE - Dividend Comparison
Neither RGTZ nor IRE has paid dividends to shareholders.
Frequently Asked Questions
RGTZ and IRE have a correlation of -0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RGTZ is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RGTZ is cheaper with a 1.29% expense ratio, compared with 1.31% for IRE.
RGTZ and IRE have nearly identical dividend yields, around 0.00%.
RGTZ is categorized as Inverse Equities, while IRE is Leveraged Equities. Their fees differ too: 1.29% for RGTZ and 1.31% for IRE.
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