IREX vs LQDB

Comparison between Tradr 2X Long IREN Daily ETF (IREX, ETF) and ISHARES BBB RATED CORPORATE BOND ETF (LQDB, ETF).

IREX vs LQDB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IREX(ETF)	LQDB(ETF)
Net Assets	$60M	$61M
Expense Ratio	N/A	0.15%
Max Drawdown	92.34%	24.24%
Sharpe Ratio	0.03	0.00
5Y Beta	7.42	0.11
5Y Dividends CAGR	N/A	81.52%

Net Assets

IREX

$60M

Winner

LQDB

$61M

Expense Ratio

IREX

N/A

LQDB

0.15%

Max Drawdown

IREX

92.34%

Winner

LQDB

24.24%

Sharpe Ratio

Winner

IREX

0.03

LQDB

0.00

5Y Beta

IREX

7.42

Winner

LQDB

0.11

5Y Dividends CAGR

IREX

N/A

LQDB

81.52%

IREX vs LQDB - Historical Returns

Returns include dividend reinvestment.

Period	IREX	LQDB
1 month	-53.35%	-0.88%
3 months	-40.77%	-0.70%
6 months	-69.76%	-0.32%
1 year	N/A	+3.43%
5 years(CAGR)	N/A	+0.23%
Max(CAGR)	-88.65%	+0.82%

IREX

-53.35%

Winner

LQDB

-0.88%

IREX

-40.77%

Winner

LQDB

-0.70%

IREX

-69.76%

Winner

LQDB

-0.32%

IREX

N/A

LQDB

+3.43%

5Y(CAGR)

IREX

N/A

LQDB

+0.23%

Max(CAGR)

IREX

-88.65%

Winner

LQDB

+0.82%

IREX vs LQDB - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	IREX	LQDB
2026	-55.00%	+0.02%
2025	-64.89%	+7.34%
2024	N/A	+2.98%
2023	N/A	+8.99%
2022	N/A	-14.84%
2021	N/A	+2.35%

IREX vs LQDB 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 LQDB was -21.64%, occurring on Oct 20, 2022. Recovery took 998 trading sessions.

The current IREX drawdown is -88.81%. The current LQDB drawdown is -1.57%.

Rank	IREX	LQDB
#1	-92.34% Nov 5, 2025 - Jul 17, 2026	-21.64% Sep 22, 2021 - Sep 15, 2025
#2	-20.42% Oct 27, 2025 - Nov 3, 2025	-2.67% Feb 19, 2026 - Mar 27, 2026
#3	-2.86% Nov 3, 2025 - Nov 5, 2025	-1.56% Aug 3, 2021 - Sep 22, 2021
#4	N/A	-1.51% Oct 27, 2025 - Feb 6, 2026
#5	N/A	-0.86% Sep 16, 2025 - Oct 14, 2025
#6	N/A	-0.72% Jul 8, 2021 - Jul 19, 2021
#7	N/A	-0.55% Jun 18, 2021 - Jun 30, 2021
#8	N/A	-0.45% Jun 11, 2021 - Jun 18, 2021
#9	N/A	-0.43% May 25, 2021 - Jun 4, 2021
#10	N/A	-0.39% Jul 19, 2021 - Jul 27, 2021
#11	N/A	-0.16% Jul 28, 2021 - Aug 2, 2021
#12	N/A	-0.12% Jun 30, 2021 - Jul 2, 2021
#13	N/A	-0.12% Oct 16, 2025 - Oct 20, 2025
#14	N/A	-0.11% Feb 6, 2026 - Feb 12, 2026
#15	N/A	-0.10% Feb 17, 2026 - Feb 19, 2026

Correlation

Correlation between IREX and LQDB is -0.35 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.35

-101