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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.

YearIREZQRMI
2026-73.04%+1.47%
2025N/A+4.16%
2024N/A+15.64%
2023N/A+12.10%
2022N/A-18.81%
2021N/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%.

RankIREZQRMI
#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
#4N/A-2.81%
Jun 30, 2026 - Jul 16, 2026
#5N/A-1.88%
Jan 6, 2025 - Jan 15, 2025
#6N/A-1.80%
Jun 3, 2026 - Jun 15, 2026
#7N/A-1.19%
Jan 15, 2026 - Jan 28, 2026
#8N/A-1.17%
Jun 22, 2026 - Jun 30, 2026
#9N/A-1.08%
Jan 23, 2025 - Feb 6, 2025
#10N/A-1.04%
Dec 27, 2024 - Jan 6, 2025
#11N/A-0.39%
Feb 6, 2025 - Feb 12, 2025
#12N/A-0.36%
Dec 26, 2025 - Jan 6, 2026
#13N/A-0.29%
May 15, 2026 - May 20, 2026
#14N/A-0.17%
Jan 15, 2025 - Jan 17, 2025
#15N/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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