CLOO vs IREX
Comparison between NYLI INVESTMENT GRADE CLO ETF (CLOO, ETF) and Tradr 2X Long IREN Daily ETF (IREX, ETF).
CLOO vs IREX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CLOO
$46M
Winner
IREX
$47M
Expense Ratio
CLOO
0.25%
IREX
N/A
Max Drawdown
Winner
CLOO
0.34%
IREX
94.59%
Sharpe Ratio
Winner
CLOO
4.37
IREX
0.12
5Y Beta
Winner
CLOO
0.00
IREX
8.05
CLOO vs IREX - Historical Returns
Returns include dividend reinvestment.
1M
CLOO
+0.50%
Winner
IREX
+11.82%
3M
Winner
CLOO
+1.31%
IREX
-65.50%
6M
CLOO
N/A
IREX
-52.51%
1Y
CLOO
N/A
IREX
-82.27%
Max(CAGR)
Winner
CLOO
+5.91%
IREX
-87.32%
CLOO vs IREX - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | CLOO | IREX |
|---|---|---|
| 2026 | +1.76% | -59.89% |
| 2025 | N/A | -64.89% |
CLOO vs IREX Drawdown Comparison
The maximum drawdown for CLOO was -0.02%, occurring on Aug 3, 2026. Recovery took 3 trading sessions.
The maximum drawdown for IREX was -94.59%, occurring on Jul 29, 2026. This drawdown has not yet recovered.
The current IREX drawdown is -90.03%.
| Rank | CLOO | IREX |
|---|---|---|
| #1 | -0.02% Jul 31, 2026 - Aug 5, 2026 | -94.59% Nov 5, 2025 - Jul 29, 2026 |
| #2 | -0.02% Jun 18, 2026 - Jun 25, 2026 | -20.42% Oct 27, 2025 - Nov 3, 2025 |
| #3 | -0.02% Aug 14, 2026 - Aug 20, 2026 | -2.86% Nov 3, 2025 - Nov 5, 2025 |
| #4 | -0.02% Jul 27, 2026 - Jul 31, 2026 | N/A |
Correlation
Correlation between CLOO and IREX is -0.87 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.87
-101
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