IREG vs NVDD

Comparison between Leverage Shares 2X Long IREN Daily ETF (IREG, ETF) and DIREXION DAILY NVDA BEAR 1X SHARES (NVDD, ETF).

IREG vs NVDD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IREG(ETF)	NVDD(ETF)
Net Assets	$20M	$20M
Expense Ratio	N/A	1.01%
Max Drawdown	88.63%	89.36%
Sharpe Ratio	0.41	-0.56
5Y Beta	8.29	-1.89

Net Assets

Winner

IREG

$20M

NVDD

$20M

Expense Ratio

IREG

N/A

NVDD

1.01%

Max Drawdown

Winner

IREG

88.63%

NVDD

89.36%

Sharpe Ratio

Winner

IREG

0.41

NVDD

-0.56

5Y Beta

IREG

8.29

Winner

NVDD

-1.89

IREG vs NVDD - Historical Returns

Returns include dividend reinvestment.

Period	IREG	NVDD
1 month	-7.31%	-10.75%
3 months	-78.67%	-4.56%
6 months	-60.65%	-22.18%
1 year	N/A	-22.43%
Max(CAGR)	-75.54%	-48.88%

Winner

IREG

-7.31%

NVDD

-10.75%

IREG

-78.67%

Winner

NVDD

-4.56%

IREG

-60.65%

Winner

NVDD

-22.18%

IREG

N/A

NVDD

-22.43%

Max(CAGR)

IREG

-75.54%

Winner

NVDD

-48.88%

IREG vs NVDD - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	IREG	NVDD
2026	-71.10%	-17.81%
2025	+3.65%	-36.76%
2024	N/A	-70.52%
2023	N/A	-8.77%

IREG vs NVDD Drawdown Comparison

The maximum drawdown for IREG was -88.63%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The maximum drawdown for NVDD was -88.32%, occurring on May 14, 2026. This drawdown has not yet recovered.

The current IREG drawdown is -85.61%. The current NVDD drawdown is -87.74%.

Rank	IREG	NVDD
#1	-88.63% Jan 28, 2026 - Jul 29, 2026	-88.32% Oct 26, 2023 - May 14, 2026
#2	-19.56% Dec 23, 2025 - Jan 2, 2026	-12.53% Sep 21, 2023 - Oct 26, 2023
#3	-19.22% Jan 16, 2026 - Jan 27, 2026	-0.22% Sep 13, 2023 - Sep 15, 2023
#4	-18.17% Jan 5, 2026 - Jan 12, 2026	-0.02% Sep 15, 2023 - Sep 19, 2023
#5	-15.53% Dec 16, 2025 - Dec 19, 2025	N/A
#6	-4.03% Jan 13, 2026 - Jan 16, 2026	N/A