IREG vs QEW
Comparison between Leverage Shares 2X Long IREN Daily ETF (IREG, ETF) and Invesco QQQ Equal Weight ETF (QEW, ETF).
IREG vs QEW - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
IREG vs QEW - Holdings Comparison
IREG and QEW have 0 common holdings. Overlap is 0.00%
IREG's top 25 holdings weight is 3.74%. QEW's top 25 holdings weight is 30.63%.
| Rank | IREG | QEW |
|---|---|---|
| #1 | FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 3.74% | AXON ENTERPRISE INC (AXON) - 1.41% |
| #2 | N/A | AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 1.37% |
| #3 | N/A | DOORDASH INC ORDINARY SHARES CLASS A (DASH) - 1.36% |
| #4 | N/A | REGENERON PHARMACEUTICALS INC (REGN) - 1.34% |
| #5 | N/A | PAYPAL HOLDINGS INC (PYPL) - 1.34% |
| #6 | N/A | WORKDAY INC CLASS A (WDAY) - 1.33% |
| #7 | N/A | AMGEN INC (AMGN) - 1.29% |
| #8 | N/A | BOOKING HOLDINGS INC (BKNG) - 1.25% |
| #9 | N/A | PALO ALTO NETWORKS INC (PANW) - 1.25% |
| #10 | N/A | PAYCHEX INC (PAYX) - 1.24% |
| #11 | N/A | ROPER TECHNOLOGIES INC (ROP) - 1.23% |
| #12 | N/A | AUTOMATIC DATA PROCESSING INC (ADP) - 1.23% |
| #13 | N/A | VERTEX PHARMACEUTICALS INC (VRTX) - 1.21% |
| #14 | N/A | n/a (SHOP) - 1.21% |
| #15 | N/A | DEXCOM INC (DXCM) - 1.20% |
| #16 | N/A | THOMSON REUTERS CORP (TRI) - 1.19% |
| #17 | N/A | n/a (GEHC) - 1.17% |
| #18 | N/A | CINTAS CORP (CTAS) - 1.16% |
| #19 | N/A | COCA-COLA EUROPACIFIC PARTNERS PLC (CCEP) - 1.15% |
| #20 | N/A | FASTENAL CO (FAST) - 1.14% |
| #21 | N/A | MARVELL TECHNOLOGY INC (MRVL) - 1.13% |
| #22 | N/A | PACCAR INC (PCAR) - 1.13% |
| #23 | N/A | CSX CORP (CSX) - 1.10% |
| #24 | N/A | MERCADOLIBRE INC (MELI) - 1.10% |
| #25 | N/A | n/a (PLTR) - 1.10% |
| Total Holdings | 1 | 104 |
IREG vs QEW - Historical Returns
Returns include dividend reinvestment.
IREG vs QEW - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | IREG | QEW |
|---|---|---|
| 2026 | -71.10% | +22.18% |
| 2025 | +3.65% | N/A |
IREG vs QEW 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 QEW was -5.88%, occurring on Jul 24, 2026. Recovery took 40 trading sessions.
The current IREG drawdown is -85.61%. The current QEW drawdown is -1.96%.
| Rank | IREG | QEW |
|---|---|---|
| #1 | -88.63% Jan 28, 2026 - Jul 29, 2026 | -5.88% Jun 15, 2026 - Aug 12, 2026 |
| #2 | -19.56% Dec 23, 2025 - Jan 2, 2026 | -5.87% Jun 2, 2026 - Jun 15, 2026 |
| #3 | -19.22% Jan 16, 2026 - Jan 27, 2026 | -4.15% Mar 19, 2026 - Apr 8, 2026 |
| #4 | -18.17% Jan 5, 2026 - Jan 12, 2026 | -2.09% Aug 13, 2026 - Aug 24, 2026 |
| #5 | -15.53% Dec 16, 2025 - Dec 19, 2025 | -1.62% Apr 24, 2026 - Apr 30, 2026 |
| #6 | -4.03% Jan 13, 2026 - Jan 16, 2026 | -1.34% May 11, 2026 - May 20, 2026 |
| #7 | N/A | -0.94% Apr 8, 2026 - Apr 13, 2026 |
| #8 | N/A | -0.88% May 26, 2026 - May 28, 2026 |
| #9 | N/A | -0.35% Apr 20, 2026 - Apr 22, 2026 |
| #10 | N/A | -0.18% May 1, 2026 - May 5, 2026 |
| #11 | N/A | -0.15% Apr 22, 2026 - Apr 24, 2026 |
| #12 | N/A | -0.05% May 6, 2026 - May 8, 2026 |
Correlation
Correlation between IREG and QEW is 0.10 which considered as a very weak or no correlation - the stocks move independently of each other.
Select Stocks to Compare
More Comparisons
Compare with similar stocks