IREX vs EHLS

Comparison between Tradr 2X Long IREN Daily ETF (IREX, ETF) and EVEN HERD LONG SHORT ETF (EHLS, ETF).

IREX vs EHLS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IREX(ETF)	EHLS(ETF)
Net Assets	$60M	$61M
Expense Ratio	N/A	2.62%
Max Drawdown	92.34%	19.35%
Sharpe Ratio	0.03	0.72
5Y Beta	7.42	0.72
P/E Ratio	N/A	15.46
Forward P/E	N/A	23.02
P/S Ratio	N/A	0.16
P/B Ratio	N/A	4.60

Net Assets

IREX

$60M

Winner

EHLS

$61M

Expense Ratio

IREX

N/A

EHLS

2.62%

Max Drawdown

IREX

92.34%

Winner

EHLS

19.35%

Sharpe Ratio

IREX

0.03

Winner

EHLS

0.72

5Y Beta

IREX

7.42

Winner

EHLS

0.72

P/E Ratio

IREX

N/A

EHLS

15.46

Forward P/E

IREX

N/A

EHLS

23.02

P/S Ratio

IREX

N/A

EHLS

0.16

P/B Ratio

IREX

N/A

EHLS

4.60

IREX vs EHLS - Historical Returns

Returns include dividend reinvestment.

Period	IREX	EHLS
1 month	-53.35%	-2.46%
3 months	-40.77%	+2.06%
6 months	-69.76%	+2.93%
1 year	N/A	+17.50%
Max(CAGR)	-88.65%	+13.38%

IREX

-53.35%

Winner

EHLS

-2.46%

IREX

-40.77%

Winner

EHLS

+2.06%

IREX

-69.76%

Winner

EHLS

+2.93%

IREX

N/A

EHLS

+17.50%

Max(CAGR)

IREX

-88.65%

Winner

EHLS

+13.38%

IREX vs EHLS - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	IREX	EHLS
2026	-55.00%	+10.78%
2025	-64.89%	+5.24%
2024	N/A	+11.59%

IREX vs EHLS Drawdown Comparison

The maximum drawdown for IREX was -92.34%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The maximum drawdown for EHLS was -18.96%, occurring on Apr 4, 2025. Recovery took 154 trading sessions.

The current IREX drawdown is -88.81%. The current EHLS drawdown is -4.48%.

Rank	IREX	EHLS
#1	-92.34% Nov 5, 2025 - Jul 17, 2026	-18.96% Feb 10, 2025 - Sep 22, 2025
#2	-20.42% Oct 27, 2025 - Nov 3, 2025	-12.85% May 28, 2024 - Oct 14, 2024
#3	-2.86% Nov 3, 2025 - Nov 5, 2025	-9.06% Oct 15, 2025 - Jan 12, 2026
#4	N/A	-8.35% Feb 25, 2026 - Apr 10, 2026
#5	N/A	-7.47% Apr 5, 2024 - May 7, 2024
#6	N/A	-7.09% May 26, 2026 - Jul 16, 2026
#7	N/A	-6.33% Dec 6, 2024 - Feb 6, 2025
#8	N/A	-6.00% Jan 28, 2026 - Feb 24, 2026
#9	N/A	-2.83% Apr 14, 2026 - Apr 30, 2026
#10	N/A	-2.83% Nov 11, 2024 - Nov 21, 2024
#11	N/A	-2.75% May 14, 2026 - May 26, 2026
#12	N/A	-2.57% May 6, 2026 - May 12, 2026
#13	N/A	-2.15% Oct 30, 2024 - Nov 6, 2024
#14	N/A	-2.10% Apr 3, 2024 - Apr 5, 2024
#15	N/A	-1.96% Oct 9, 2025 - Oct 13, 2025

Correlation

Correlation between IREX and EHLS is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

-101