IRE vs EIPX

Comparison between Daily Target 2X Long IREN (IREN Limited) ETF (IRE, ETF) and FT ENERGY INCOME PARTNERS STRATEGY ETF (EIPX, ETF).

IRE vs EIPX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IRE(ETF)	EIPX(ETF)
Net Assets	$525M	$524M
Expense Ratio	N/A	0.95%
Max Drawdown	90.87%	16.08%
Sharpe Ratio	0.46	2.01
5Y Beta	7.98	0.49
P/E Ratio	N/A	18.65
Forward P/E	N/A	13.75
PEG Ratio	N/A	0.14
5Y EPS CAGR	N/A	14.95%
P/S Ratio	N/A	1.21
P/B Ratio	N/A	2.39

Net Assets

Winner

IRE

$525M

EIPX

$524M

Expense Ratio

IRE

N/A

EIPX

0.95%

Max Drawdown

IRE

90.87%

Winner

EIPX

16.08%

Sharpe Ratio

IRE

0.46

Winner

EIPX

2.01

5Y Beta

IRE

7.98

Winner

EIPX

0.49

P/E Ratio

IRE

N/A

EIPX

18.65

Forward P/E

IRE

N/A

EIPX

13.75

PEG Ratio

IRE

N/A

EIPX

0.14

5Y EPS CAGR

IRE

N/A

EIPX

14.95%

P/S Ratio

IRE

N/A

EIPX

1.21

P/B Ratio

IRE

N/A

EIPX

2.39

IRE vs EIPX - Holdings Comparison

IRE and EIPX have 0 common holdings. Overlap is 0.00%

IRE's top 25 holdings weight is 8.28%. EIPX's top 25 holdings weight is 59.44%.

Rank	IRE	EIPX
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 8.28%	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 7.11%
#2	N/A	ENERGY TRANSFER LP (ET) - 6.43%
#3	N/A	MORGAN STANLEY INSTL LQUDTY TRS INSTL (MISXX) - 5.48%
#4	N/A	MPLX LP PARTNERSHIP UNITS (MPLX) - 3.81%
#5	N/A	NATIONAL FUEL GAS CO (NFG) - 3.25%
#6	N/A	PLAINS GP HOLDINGS LP CLASS A (PAGP) - 2.70%
#7	N/A	KINDER MORGAN INC CLASS P (KMI) - 2.54%
#8	N/A	ONEOK INC (OKE) - 2.44%
#9	N/A	n/a (SHEL) - 1.86%
#10	N/A	EXXON MOBIL CORP (XOM) - 1.84%
#11	N/A	ALLIANCE RESOURCE PARTNERS LP (ARLP) - 1.77%
#12	N/A	SOUTHERN CO (SO) - 1.66%
#13	N/A	SEMPRA (SRE) - 1.56%
#14	N/A	PHILLIPS 66 (PSX) - 1.55%
#15	N/A	TECHNIPFMC PLC (n/a) - 1.52%
#16	N/A	RANGE RESOURCES CORP (RRC) - 1.50%
#17	N/A	DUKE ENERGY CORP (DUK) - 1.50%
#18	N/A	BAKER HUGHES CO CLASS A (BKR) - 1.46%
#19	N/A	SUNOCO LP (SUN) - 1.42%
#20	N/A	VISTRA CORP (VST) - 1.40%
#21	N/A	HALLIBURTON CO (HAL) - 1.39%
#22	N/A	TXO PARTNERS LP (TXO) - 1.35%
#23	N/A	CACTUS INC CLASS A (WHD) - 1.32%
#24	N/A	EOG RESOURCES INC (EOG) - 1.29%
#25	N/A	SLB LTD (SLB) - 1.29%
Total Holdings	1	94

IRE vs EIPX - Historical Returns

Returns include dividend reinvestment.

Period	IRE	EIPX
1 month	-3.52%	-0.47%
3 months	+46.91%	+2.64%
6 months	+5.02%	+21.24%
1 year	N/A	+27.63%
Max(CAGR)	-73.12%	+17.80%

IRE

-3.52%

Winner

EIPX

-0.47%

Winner

IRE

+46.91%

EIPX

+2.64%

IRE

+5.02%

Winner

EIPX

+21.24%

IRE

N/A

EIPX

+27.63%

Max(CAGR)

IRE

-73.12%

Winner

EIPX

+17.80%

IRE vs EIPX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	IRE	EIPX
2026	+0.23%	+20.47%
2025	-65.76%	+10.31%
2024	N/A	+18.50%
2023	N/A	+12.80%
2022	N/A	+0.56%

IRE vs EIPX Drawdown Comparison

The maximum drawdown for IRE was -90.87%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for EIPX was -15.43%, occurring on Apr 8, 2025. Recovery took 152 trading sessions.

The current IRE drawdown is -75.75%. The current EIPX drawdown is -2.46%.

Rank	IRE	EIPX
#1	-90.87% Nov 5, 2025 - Mar 30, 2026	-15.43% Jan 21, 2025 - Aug 28, 2025
#2	-20.31% Oct 27, 2025 - Nov 3, 2025	-9.83% Feb 14, 2023 - Jul 13, 2023
#3	-13.78% Oct 21, 2025 - Oct 23, 2025	-9.63% Nov 29, 2024 - Jan 17, 2025
#4	-2.53% Nov 3, 2025 - Nov 5, 2025	-6.70% Sep 14, 2023 - Jan 3, 2024
#5	N/A	-6.42% Nov 30, 2022 - Feb 10, 2023
#6	N/A	-5.07% May 20, 2024 - Jul 12, 2024
#7	N/A	-4.94% Jul 31, 2024 - Aug 16, 2024
#8	N/A	-4.45% Jan 3, 2024 - Feb 21, 2024
#9	N/A	-4.27% Oct 7, 2024 - Nov 6, 2024
#10	N/A	-4.12% Apr 30, 2026 - Jun 1, 2026
#11	N/A	-3.99% Sep 26, 2025 - Nov 7, 2025
#12	N/A	-3.93% Aug 26, 2024 - Sep 23, 2024
#13	N/A	-3.79% Mar 27, 2026 - Apr 30, 2026
#14	N/A	-3.58% Apr 8, 2024 - Apr 29, 2024
#15	N/A	-3.46% Dec 4, 2025 - Jan 13, 2026

Correlation

Correlation between IRE and EIPX is -0.67 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.67

-101