EHLS vs IREX

Comparison between EVEN HERD LONG SHORT ETF (EHLS, ETF) and Tradr 2X Long IREN Daily ETF (IREX, ETF).

EHLS vs IREX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EHLS(ETF)	IREX(ETF)
Net Assets	$61M	$60M
Expense Ratio	2.62%	N/A
Max Drawdown	19.35%	92.34%
Sharpe Ratio	0.72	0.03
5Y Beta	0.72	7.42
P/E Ratio	15.46	N/A
Forward P/E	23.02	N/A
P/S Ratio	0.16	N/A
P/B Ratio	4.60	N/A

Net Assets

Winner

EHLS

$61M

IREX

$60M

Expense Ratio

EHLS

2.62%

IREX

N/A

Max Drawdown

Winner

EHLS

19.35%

IREX

92.34%

Sharpe Ratio

Winner

EHLS

0.72

IREX

0.03

5Y Beta

Winner

EHLS

0.72

IREX

7.42

P/E Ratio

EHLS

15.46

IREX

N/A

Forward P/E

EHLS

23.02

IREX

N/A

P/S Ratio

EHLS

0.16

IREX

N/A

P/B Ratio

EHLS

4.60

IREX

N/A

EHLS vs IREX - Historical Returns

Returns include dividend reinvestment.

Period	EHLS	IREX
1 month	-2.46%	-53.35%
3 months	+2.06%	-40.77%
6 months	+2.93%	-69.76%
1 year	+17.50%	N/A
Max(CAGR)	+13.38%	-88.65%

Winner

EHLS

-2.46%

IREX

-53.35%

Winner

EHLS

+2.06%

IREX

-40.77%

Winner

EHLS

+2.93%

IREX

-69.76%

EHLS

+17.50%

IREX

N/A

Max(CAGR)

Winner

EHLS

+13.38%

IREX

-88.65%

EHLS vs IREX - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	EHLS	IREX
2026	+10.78%	-55.00%
2025	+5.24%	-64.89%
2024	+11.59%	N/A

EHLS vs IREX Drawdown Comparison

The maximum drawdown for EHLS was -18.96%, occurring on Apr 4, 2025. Recovery took 154 trading sessions.

The maximum drawdown for IREX was -92.34%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The current EHLS drawdown is -4.48%. The current IREX drawdown is -88.81%.

Rank	EHLS	IREX
#1	-18.96% Feb 10, 2025 - Sep 22, 2025	-92.34% Nov 5, 2025 - Jul 17, 2026
#2	-12.85% May 28, 2024 - Oct 14, 2024	-20.42% Oct 27, 2025 - Nov 3, 2025
#3	-9.06% Oct 15, 2025 - Jan 12, 2026	-2.86% Nov 3, 2025 - Nov 5, 2025
#4	-8.35% Feb 25, 2026 - Apr 10, 2026	N/A
#5	-7.47% Apr 5, 2024 - May 7, 2024	N/A
#6	-7.09% May 26, 2026 - Jul 16, 2026	N/A
#7	-6.33% Dec 6, 2024 - Feb 6, 2025	N/A
#8	-6.00% Jan 28, 2026 - Feb 24, 2026	N/A
#9	-2.83% Apr 14, 2026 - Apr 30, 2026	N/A
#10	-2.83% Nov 11, 2024 - Nov 21, 2024	N/A
#11	-2.75% May 14, 2026 - May 26, 2026	N/A
#12	-2.57% May 6, 2026 - May 12, 2026	N/A
#13	-2.15% Oct 30, 2024 - Nov 6, 2024	N/A
#14	-2.10% Apr 3, 2024 - Apr 5, 2024	N/A
#15	-1.96% Oct 9, 2025 - Oct 13, 2025	N/A

Correlation

Correlation between EHLS and IREX is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

-101