BALQ vs IREZ

Comparison between iShares Nasdaq Premium Income Active ETF (BALQ, ETF) and Tradr 2X Short IREN Daily ETF (IREZ, ETF).

BALQ vs IREZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BALQ(ETF)	IREZ(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.35%	N/A
Max Drawdown	13.17%	87.43%
Sharpe Ratio	1.23	-0.12
5Y Beta	1.44	-7.50
P/E Ratio	37.43	N/A
Forward P/E	21.60	N/A
PEG Ratio	0.08	N/A
5Y EPS CAGR	30.51%	N/A
Debt to Equity	28.22%	N/A
P/S Ratio	5.16	N/A
P/B Ratio	8.38	N/A

Net Assets

BALQ

$16M

Winner

IREZ

$16M

Expense Ratio

BALQ

0.35%

IREZ

N/A

Max Drawdown

Winner

BALQ

13.17%

IREZ

87.43%

Sharpe Ratio

Winner

BALQ

1.23

IREZ

-0.12

5Y Beta

BALQ

1.44

Winner

IREZ

-7.50

P/E Ratio

BALQ

37.43

IREZ

N/A

Forward P/E

BALQ

21.60

IREZ

N/A

PEG Ratio

BALQ

0.08

IREZ

N/A

5Y EPS CAGR

BALQ

30.51%

IREZ

N/A

Debt to Equity

BALQ

28.22%

IREZ

N/A

P/S Ratio

BALQ

5.16

IREZ

N/A

P/B Ratio

BALQ

8.38

IREZ

N/A

BALQ vs IREZ - Historical Returns

Returns include dividend reinvestment.

Period	BALQ	IREZ
1 month	-2.84%	+33.21%
3 months	+11.95%	-54.15%
6 months	+17.87%	-73.04%
Max(CAGR)	+30.57%	-93.00%

BALQ

-2.84%

Winner

IREZ

+33.21%

Winner

BALQ

+11.95%

IREZ

-54.15%

Winner

BALQ

+17.87%

IREZ

-73.04%

Max(CAGR)

Winner

BALQ

+30.57%

IREZ

-93.00%

BALQ vs IREZ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	BALQ	IREZ
2026	+18.89%	-73.04%
2025	-0.49%	N/A

BALQ vs IREZ Drawdown Comparison

The maximum drawdown for BALQ was -11.80%, occurring on Mar 30, 2026. Recovery took 52 trading sessions.

The maximum drawdown for IREZ was -87.43%, occurring on May 27, 2026. This drawdown has not yet recovered.

The current BALQ drawdown is -3.44%. The current IREZ drawdown is -80.00%.

Rank	BALQ	IREZ
#1	-11.80% Jan 28, 2026 - Apr 14, 2026	-87.43% Mar 30, 2026 - May 27, 2026
#2	-6.54% Jun 2, 2026 - Jun 10, 2026	-43.45% Feb 5, 2026 - Mar 30, 2026
#3	-4.49% Dec 10, 2025 - Jan 6, 2026	-39.96% Jan 22, 2026 - Feb 4, 2026
#4	-2.89% Jan 12, 2026 - Jan 26, 2026	N/A
#5	-2.69% May 14, 2026 - May 26, 2026	N/A
#6	-0.97% Apr 17, 2026 - Apr 22, 2026	N/A
#7	-0.95% Apr 27, 2026 - Apr 30, 2026	N/A
#8	-0.77% Apr 22, 2026 - Apr 24, 2026	N/A
#9	-0.70% May 11, 2026 - May 13, 2026	N/A
#10	-0.64% Jan 6, 2026 - Jan 9, 2026	N/A
#11	-0.37% May 6, 2026 - May 8, 2026	N/A
#12	-0.14% Dec 5, 2025 - Dec 9, 2025	N/A
#13	-0.14% May 1, 2026 - May 5, 2026	N/A
#14	-0.13% Dec 3, 2025 - Dec 5, 2025	N/A

Correlation

Correlation between BALQ and IREZ is -0.98 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.98

-101