SUIS vs. IREG

Last updated Jun 5, 2026

SUIS (Canary Staked SUI ETF) and IREG (Leverage Shares 2X Long IREN Daily ETF) are both exchange-traded funds - SUIS is a Blockchain fund tracking the CoinDesk Sui USD CCIXber 60m New York Rate, while IREG is a Leveraged Equities fund actively managed by Leverage Shares. SUIS is passively managed, while IREG is actively managed. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

SUIS vs. IREG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canary Staked SUI ETF (SUIS) and Leverage Shares 2X Long IREN Daily ETF (IREG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SUIS

• 1D: -3.90%
• 1M: -18.74%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IREG

• 1D: -23.93%
• 1M: -29.10%
• YTD: 18.94%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SUIS vs. IREG - Yearly Performance Comparison

	2026 (YTD)
SUIS Canary Staked SUI ETF	-16.11%
IREG Leverage Shares 2X Long IREN Daily ETF	19.53%

Correlation

The correlation between SUIS and IREG is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.35

Return for Risk

SUIS vs. IREG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary Staked SUI ETF (SUIS) and Leverage Shares 2X Long IREN Daily ETF (IREG). 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

	SUIS	IREG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	0.27	-0.80

Drawdowns

SUIS vs. IREG - Drawdown Comparison

The maximum SUIS drawdown since its inception was -40.33%, smaller than the maximum IREG drawdown of -80.08%. Use the drawdown chart below to compare losses from any high point for SUIS and IREG.

Drawdown Indicators

	SUIS	IREG	Difference
Max Drawdown Largest peak-to-trough decline	-40.33%	-80.08%	+39.75%
Current Drawdown Current decline from peak	-40.33%	-52.59%	+12.26%
Average Drawdown Average peak-to-trough decline	-12.12%	-44.11%	+31.99%

Volatility

Volatility by Period

	SUIS	IREG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	86.06%	210.32%	-124.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.06%	210.32%	-124.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.06%	210.32%	-124.26%

SUIS vs. IREG - Expense Ratio Comparison

Both SUIS and IREG have an expense ratio of 0.75%.

Dividends

SUIS vs. IREG - Dividend Comparison

Neither SUIS nor IREG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SUIS and IREG in my portfolio?

SUIS and IREG have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SUIS or IREG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SUIS or IREG?

SUIS and IREG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, SUIS or IREG?

SUIS and IREG have nearly identical dividend yields, around 0.00%.

What is the main difference between SUIS and IREG?

SUIS is categorized as Blockchain, while IREG is Leveraged Equities. They also come from different issuers: Canary and Leverage Shares.