IRE vs EDD
Comparison between Daily Target 2X Long IREN (IREN Limited) ETF (IRE, ETF) and Morgan Stanley Emerging Markets Domestic Debt Fund Inc (EDD, ETF).
IRE vs EDD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
IRE
$379M
Winner
EDD
$380M
Max Drawdown
IRE
93.20%
Winner
EDD
82.01%
Sharpe Ratio
IRE
-0.05
Winner
EDD
1.37
5Y Beta
IRE
7.44
Winner
EDD
0.41
5Y Dividends CAGR
IRE
N/A
EDD
13.12%
IRE vs EDD - Historical Returns
Returns include dividend reinvestment.
1M
IRE
-52.15%
Winner
EDD
+6.64%
3M
IRE
-58.50%
Winner
EDD
+8.16%
6M
IRE
-75.98%
Winner
EDD
+7.32%
1Y
IRE
N/A
EDD
+28.71%
5Y(CAGR)
IRE
N/A
EDD
+8.54%
10Y(CAGR)
IRE
N/A
EDD
+5.74%
Max(CAGR)
IRE
-90.47%
Winner
EDD
+2.92%
IRE vs EDD - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | IRE | EDD |
|---|---|---|
| 2026 | -60.39% | +12.76% |
| 2025 | -65.76% | +33.64% |
| 2024 | N/A | +8.65% |
| 2023 | N/A | +15.09% |
| 2022 | N/A | -13.81% |
| 2021 | N/A | -6.90% |
| 2020 | N/A | -3.37% |
| 2019 | N/A | +23.80% |
| 2018 | N/A | -14.76% |
| 2017 | N/A | +16.65% |
| 2016 | N/A | +15.50% |
| 2015 | N/A | -27.07% |
| 2014 | N/A | -12.15% |
| 2013 | N/A | -15.46% |
| 2012 | N/A | +23.59% |
| 2011 | N/A | -6.52% |
| 2010 | N/A | +24.94% |
| 2009 | N/A | +36.69% |
| 2008 | N/A | -29.10% |
| 2007 | N/A | -3.89% |
IRE vs EDD Drawdown Comparison
The maximum drawdown for IRE was -93.20%, occurring on Jul 17, 2026. This drawdown has not yet recovered.
The maximum drawdown for EDD was -59.42%, occurring on Nov 21, 2008. Recovery took 726 trading sessions.
The current IRE drawdown is -90.42%. The current EDD drawdown is -2.67%.
| Rank | IRE | EDD |
|---|---|---|
| #1 | -93.20% Nov 5, 2025 - Jul 17, 2026 | -59.42% May 17, 2007 - Apr 6, 2010 |
| #2 | -20.31% Oct 27, 2025 - Nov 3, 2025 | -56.67% May 8, 2013 - Jan 13, 2026 |
| #3 | -13.78% Oct 21, 2025 - Oct 23, 2025 | -20.40% Jul 22, 2011 - Mar 1, 2012 |
| #4 | -2.53% Nov 3, 2025 - Nov 5, 2025 | -17.67% Feb 13, 2026 - Jun 29, 2026 |
| #5 | N/A | -14.90% May 1, 2012 - Jul 20, 2012 |
| #6 | N/A | -12.21% Apr 26, 2010 - Jul 20, 2010 |
| #7 | N/A | -12.13% Nov 4, 2010 - Apr 28, 2011 |
| #8 | N/A | -7.65% Sep 14, 2012 - Dec 19, 2012 |
| #9 | N/A | -6.34% Mar 1, 2012 - May 1, 2012 |
| #10 | N/A | -4.99% Feb 14, 2013 - May 2, 2013 |
| #11 | N/A | -3.40% Aug 24, 2010 - Sep 9, 2010 |
| #12 | N/A | -3.12% Jul 1, 2011 - Jul 21, 2011 |
| #13 | N/A | -3.10% Jun 6, 2011 - Jun 30, 2011 |
| #14 | N/A | -2.67% Jul 15, 2026 - Jul 23, 2026 |
| #15 | N/A | -2.63% May 2, 2011 - May 31, 2011 |
Correlation
Correlation between IRE and EDD is -0.50 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.
-0.50
-101
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