IBHL vs IREZ

Comparison between ISHARES IBONDS 2032 TERM HIGH YIELD AND INCOME ETF (IBHL, ETF) and Tradr 2X Short IREN Daily ETF (IREZ, ETF).

IBHL vs IREZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBHL(ETF)	IREZ(ETF)
Net Assets	$19M	$19M
Expense Ratio	0.35%	N/A
Max Drawdown	3.70%	87.43%
Sharpe Ratio	0.68	-0.67
5Y Beta	0.25	-7.95

Net Assets

IBHL

$19M

IREZ

$19M

Expense Ratio

IBHL

0.35%

IREZ

N/A

Max Drawdown

Winner

IBHL

3.70%

IREZ

87.43%

Sharpe Ratio

Winner

IBHL

0.68

IREZ

-0.67

5Y Beta

IBHL

0.25

Winner

IREZ

-7.95

IBHL vs IREZ - Historical Returns

Returns include dividend reinvestment.

Period	IBHL	IREZ
1 month	-0.12%	-29.26%
3 months	+0.34%	-74.91%
6 months	+0.95%	N/A
1 year	+6.77%	N/A
Max(CAGR)	+7.44%	-97.78%

Winner

IBHL

-0.12%

IREZ

-29.26%

Winner

IBHL

+0.34%

IREZ

-74.91%

IBHL

+0.95%

IREZ

N/A

IBHL

+6.77%

IREZ

N/A

Max(CAGR)

Winner

IBHL

+7.44%

IREZ

-97.78%

IBHL vs IREZ - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	IBHL	IREZ
2026	+0.46%	-75.26%
2025	+8.46%	N/A

IBHL vs IREZ Drawdown Comparison

The maximum drawdown for IBHL was -3.70%, occurring on Apr 8, 2025. Recovery took 16 trading sessions.

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

The current IBHL drawdown is -0.78%. The current IREZ drawdown is -81.65%.

Rank	IBHL	IREZ
#1	-3.70% Apr 2, 2025 - Apr 25, 2025	-87.43% Mar 30, 2026 - May 27, 2026
#2	-3.03% Feb 20, 2026 - Apr 17, 2026	-43.45% Feb 5, 2026 - Mar 30, 2026
#3	-1.40% Sep 22, 2025 - Oct 24, 2025	-39.96% Jan 22, 2026 - Feb 4, 2026
#4	-1.34% Apr 17, 2026 - May 29, 2026	N/A
#5	-0.97% Oct 27, 2025 - Nov 25, 2025	N/A
#6	-0.78% May 16, 2025 - May 30, 2025	N/A
#7	-0.78% May 29, 2026 - Jun 5, 2026	N/A
#8	-0.75% Jul 3, 2025 - Jul 22, 2025	N/A
#9	-0.56% Aug 13, 2025 - Aug 22, 2025	N/A
#10	-0.52% Apr 29, 2025 - May 12, 2025	N/A
#11	-0.46% May 13, 2025 - May 16, 2025	N/A
#12	-0.43% Aug 27, 2025 - Sep 4, 2025	N/A
#13	-0.42% Dec 4, 2025 - Dec 18, 2025	N/A
#14	-0.34% Mar 27, 2025 - Apr 2, 2025	N/A
#15	-0.33% Jun 12, 2025 - Jun 20, 2025	N/A

Correlation

Correlation between IBHL and IREZ is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

-101