IREZ vs AAPB

Comparison between Tradr 2X Short IREN Daily ETF (IREZ, ETF) and GRANITESHARES 2X LONG AAPL DAILY ETF (AAPB, ETF).

IREZ vs AAPB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IREZ(ETF)	AAPB(ETF)
Net Assets	$17M	$17M
Max Drawdown	90.83%	58.13%
Sharpe Ratio	-0.25	1.15
5Y Beta	-8.29	2.14
P/E Ratio	N/A	34.43
Forward P/E	N/A	32.47
PEG Ratio	N/A	1.06
5Y EPS CAGR	N/A	11.10%
Debt to Equity	N/A	76.59%
P/S Ratio	N/A	9.54
P/B Ratio	N/A	41.84

Net Assets

IREZ

$17M

AAPB

$17M

Max Drawdown

IREZ

90.83%

Winner

AAPB

58.13%

Sharpe Ratio

IREZ

-0.25

Winner

AAPB

1.15

5Y Beta

Winner

IREZ

-8.29

AAPB

2.14

P/E Ratio

IREZ

N/A

AAPB

34.43

Forward P/E

IREZ

N/A

AAPB

32.47

PEG Ratio

IREZ

N/A

AAPB

1.06

5Y EPS CAGR

IREZ

N/A

AAPB

11.10%

Debt to Equity

IREZ

N/A

AAPB

76.59%

P/S Ratio

IREZ

N/A

AAPB

9.54

P/B Ratio

IREZ

N/A

AAPB

41.84

IREZ vs AAPB - Historical Returns

Returns include dividend reinvestment.

Period	IREZ	AAPB
1 month	-58.83%	-14.40%
3 months	-41.76%	-3.12%
6 months	-85.12%	+19.15%
1 year	N/A	+63.79%
5 years(CAGR)	N/A	+16.97%
Max(CAGR)	-96.66%	+16.97%

IREZ

-58.83%

Winner

AAPB

-14.40%

IREZ

-41.76%

Winner

AAPB

-3.12%

IREZ

-85.12%

Winner

AAPB

+19.15%

IREZ

N/A

AAPB

+63.79%

5Y(CAGR)

IREZ

N/A

AAPB

+16.97%

Max(CAGR)

IREZ

-96.66%

Winner

AAPB

+16.97%

IREZ vs AAPB - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	IREZ	AAPB
2026	-86.49%	+19.47%
2025	N/A	+4.65%
2024	N/A	+56.92%
2023	N/A	+88.68%
2022	N/A	-38.44%

IREZ vs AAPB Drawdown Comparison

The maximum drawdown for IREZ was -90.83%, occurring on Aug 17, 2026. This drawdown has not yet recovered.

The maximum drawdown for AAPB was -58.13%, occurring on Apr 8, 2025. Recovery took 232 trading sessions.

The current IREZ drawdown is -89.98%. The current AAPB drawdown is -17.78%.

Rank	IREZ	AAPB
#1	-90.83% Mar 30, 2026 - Aug 17, 2026	-58.13% Dec 26, 2024 - Dec 1, 2025
#2	-43.45% Feb 5, 2026 - Mar 30, 2026	-47.65% Aug 17, 2022 - Jun 22, 2023
#3	-39.96% Jan 22, 2026 - Feb 4, 2026	-35.74% Jul 31, 2023 - Jun 12, 2024
#4	N/A	-28.11% Dec 2, 2025 - May 12, 2026
#5	N/A	-25.51% Jun 2, 2026 - Jul 15, 2026
#6	N/A	-23.18% Jul 16, 2024 - Dec 3, 2024
#7	N/A	-21.73% Jul 28, 2026 - Aug 12, 2026
#8	N/A	-8.86% Jun 17, 2024 - Jul 2, 2024
#9	N/A	-7.53% Jul 17, 2026 - Jul 27, 2026
#10	N/A	-5.36% Jun 30, 2023 - Jul 19, 2023
#11	N/A	-4.60% Dec 17, 2024 - Dec 20, 2024
#12	N/A	-4.60% Jul 10, 2024 - Jul 15, 2024
#13	N/A	-4.05% May 28, 2026 - Jun 2, 2026
#14	N/A	-2.92% Jul 19, 2023 - Jul 28, 2023
#15	N/A	-1.80% Jun 22, 2023 - Jun 27, 2023

Correlation

Correlation between IREZ and AAPB is -0.92 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.92

-101