IREZ vs QRMI
Comparison between Tradr 2X Short IREN Daily ETF (IREZ, ETF) and GLOBAL X NASDAQ 100 RISK MANAGED INCOME ETF (QRMI, ETF).
IREZ vs QRMI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
IREZ
$16M
QRMI
$16M
Expense Ratio
IREZ
N/A
QRMI
0.60%
Max Drawdown
IREZ
87.43%
Winner
QRMI
39.71%
Sharpe Ratio
IREZ
-0.12
Winner
QRMI
0.62
5Y Beta
Winner
IREZ
-7.50
QRMI
0.36
P/E Ratio
IREZ
N/A
QRMI
37.85
Forward P/E
IREZ
N/A
QRMI
22.85
PEG Ratio
IREZ
N/A
QRMI
0.22
5Y EPS CAGR
IREZ
N/A
QRMI
31.31%
Debt to Equity
IREZ
N/A
QRMI
34.56%
P/S Ratio
IREZ
N/A
QRMI
6.22
P/B Ratio
IREZ
N/A
QRMI
9.26
IREZ vs QRMI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
IREZ
+33.21%
QRMI
-1.90%
3M
IREZ
-54.15%
Winner
QRMI
+1.92%
6M
IREZ
-73.04%
Winner
QRMI
+1.14%
1Y
IREZ
N/A
QRMI
+7.95%
5Y(CAGR)
IREZ
N/A
QRMI
+1.54%
Max(CAGR)
IREZ
-93.00%
Winner
QRMI
+1.54%
IREZ vs QRMI - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | IREZ | QRMI |
|---|---|---|
| 2026 | -73.04% | +1.47% |
| 2025 | N/A | +4.16% |
| 2024 | N/A | +15.64% |
| 2023 | N/A | +12.10% |
| 2022 | N/A | -18.81% |
| 2021 | N/A | -1.88% |
IREZ vs QRMI Drawdown Comparison
The maximum drawdown for IREZ was -87.43%, occurring on May 27, 2026. This drawdown has not yet recovered.
The maximum drawdown for QRMI was -20.94%, occurring on Dec 28, 2022. Recovery took 821 trading sessions.
The current IREZ drawdown is -80.00%. The current QRMI drawdown is -2.16%.
| Rank | IREZ | QRMI |
|---|---|---|
| #1 | -87.43% Mar 30, 2026 - May 27, 2026 | -20.94% Sep 16, 2021 - Dec 20, 2024 |
| #2 | -43.45% Feb 5, 2026 - Mar 30, 2026 | -8.43% Feb 20, 2025 - Dec 19, 2025 |
| #3 | -39.96% Jan 22, 2026 - Feb 4, 2026 | -5.04% Jan 28, 2026 - May 8, 2026 |
| #4 | N/A | -2.81% Jun 30, 2026 - Jul 16, 2026 |
| #5 | N/A | -1.88% Jan 6, 2025 - Jan 15, 2025 |
| #6 | N/A | -1.80% Jun 3, 2026 - Jun 15, 2026 |
| #7 | N/A | -1.19% Jan 15, 2026 - Jan 28, 2026 |
| #8 | N/A | -1.17% Jun 22, 2026 - Jun 30, 2026 |
| #9 | N/A | -1.08% Jan 23, 2025 - Feb 6, 2025 |
| #10 | N/A | -1.04% Dec 27, 2024 - Jan 6, 2025 |
| #11 | N/A | -0.39% Feb 6, 2025 - Feb 12, 2025 |
| #12 | N/A | -0.36% Dec 26, 2025 - Jan 6, 2026 |
| #13 | N/A | -0.29% May 15, 2026 - May 20, 2026 |
| #14 | N/A | -0.17% Jan 15, 2025 - Jan 17, 2025 |
| #15 | N/A | -0.16% Jan 6, 2026 - Jan 9, 2026 |
Correlation
Correlation between IREZ and QRMI is -0.86 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.86
-101
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