IREX vs SMOX

Comparison between Tradr 2X Long IREN Daily ETF (IREX, ETF) and Horizon SmallMid Cap Core Equity ETF (SMOX, ETF).

IREX vs SMOX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IREX(ETF)	SMOX(ETF)
Net Assets	$59M	$59M
Expense Ratio	N/A	0.75%
Max Drawdown	90.28%	7.76%
Sharpe Ratio	0.37	1.76
5Y Beta	7.73	0.96
P/E Ratio	N/A	20.59
Forward P/E	N/A	16.54
PEG Ratio	N/A	0.21
5Y EPS CAGR	N/A	19.51%
Debt to Equity	N/A	30.31%
P/S Ratio	N/A	1.52
P/B Ratio	N/A	2.70

Net Assets

Winner

IREX

$59M

SMOX

$59M

Expense Ratio

IREX

N/A

SMOX

0.75%

Max Drawdown

IREX

90.28%

Winner

SMOX

7.76%

Sharpe Ratio

IREX

0.37

Winner

SMOX

1.76

5Y Beta

IREX

7.73

Winner

SMOX

0.96

P/E Ratio

IREX

N/A

SMOX

20.59

Forward P/E

IREX

N/A

SMOX

16.54

PEG Ratio

IREX

N/A

SMOX

0.21

5Y EPS CAGR

IREX

N/A

SMOX

19.51%

Debt to Equity

IREX

N/A

SMOX

30.31%

P/S Ratio

IREX

N/A

SMOX

1.52

P/B Ratio

IREX

N/A

SMOX

2.70

IREX vs SMOX - Historical Returns

Returns include dividend reinvestment.

Period	IREX	SMOX
1 month	-13.79%	-0.26%
3 months	+35.54%	+7.05%
6 months	-23.48%	+15.38%
Max(CAGR)	-76.95%	+34.46%

IREX

-13.79%

Winner

SMOX

-0.26%

Winner

IREX

+35.54%

SMOX

+7.05%

IREX

-23.48%

Winner

SMOX

+15.38%

Max(CAGR)

IREX

-76.95%

Winner

SMOX

+34.46%

IREX vs SMOX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	IREX	SMOX
2026	-8.40%	+14.18%
2025	-64.89%	+0.44%

IREX vs SMOX Drawdown Comparison

The maximum drawdown for IREX was -90.28%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for SMOX was -7.76%, occurring on Mar 20, 2026. Recovery took 26 trading sessions.

The current IREX drawdown is -77.22%. The current SMOX drawdown is -1.72%.

Rank	IREX	SMOX
#1	-90.28% Nov 5, 2025 - Mar 30, 2026	-7.76% Mar 2, 2026 - Apr 8, 2026
#2	-20.42% Oct 27, 2025 - Nov 3, 2025	-3.45% May 6, 2026 - May 26, 2026
#3	-2.86% Nov 3, 2025 - Nov 5, 2025	-2.53% Dec 11, 2025 - Jan 5, 2026
#4	N/A	-1.72% Jun 4, 2026 - Jun 5, 2026
#5	N/A	-1.61% Jan 21, 2026 - Feb 6, 2026
#6	N/A	-1.51% Apr 27, 2026 - Apr 30, 2026
#7	N/A	-1.43% Feb 20, 2026 - Feb 25, 2026
#8	N/A	-1.29% Feb 11, 2026 - Feb 20, 2026
#9	N/A	-1.27% May 26, 2026 - Jun 4, 2026
#10	N/A	-0.91% Jan 15, 2026 - Jan 21, 2026
#11	N/A	-0.78% Feb 26, 2026 - Mar 2, 2026
#12	N/A	-0.63% Dec 5, 2025 - Dec 10, 2025
#13	N/A	-0.62% Apr 14, 2026 - Apr 17, 2026
#14	N/A	-0.51% Apr 9, 2026 - Apr 13, 2026
#15	N/A	-0.46% Apr 20, 2026 - Apr 27, 2026