IREZ vs ZTOP

Comparison between Tradr 2X Short IREN Daily ETF (IREZ, ETF) and F/M HIGH YIELD 100 ETF (ZTOP, ETF).

IREZ vs ZTOP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IREZ(ETF)	ZTOP(ETF)
Net Assets	$16M	$16M
Expense Ratio	N/A	0.39%
Max Drawdown	87.43%	3.62%
Sharpe Ratio	-0.12	0.45
5Y Beta	-7.50	0.19

Net Assets

IREZ

$16M

Winner

ZTOP

$16M

Expense Ratio

IREZ

N/A

ZTOP

0.39%

Max Drawdown

IREZ

87.43%

Winner

ZTOP

3.62%

Sharpe Ratio

IREZ

-0.12

Winner

ZTOP

0.45

5Y Beta

Winner

IREZ

-7.50

ZTOP

0.19

IREZ vs ZTOP - Historical Returns

Returns include dividend reinvestment.

Period	IREZ	ZTOP
1 month	+33.21%	+0.16%
3 months	-54.15%	+0.56%
6 months	-73.04%	+1.28%
1 year	N/A	+5.14%
Max(CAGR)	-93.00%	+7.95%

Winner

IREZ

+33.21%

ZTOP

+0.16%

IREZ

-54.15%

Winner

ZTOP

+0.56%

IREZ

-73.04%

Winner

ZTOP

+1.28%

IREZ

N/A

ZTOP

+5.14%

Max(CAGR)

IREZ

-93.00%

Winner

ZTOP

+7.95%

IREZ vs ZTOP - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	IREZ	ZTOP
2026	-73.04%	+1.92%
2025	N/A	+8.13%

IREZ vs ZTOP 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 ZTOP was -2.52%, occurring on Mar 27, 2026. Recovery took 36 trading sessions.

The current IREZ drawdown is -80.00%. The current ZTOP drawdown is -0.21%.

Rank	IREZ	ZTOP
#1	-87.43% Mar 30, 2026 - May 27, 2026	-2.52% Feb 20, 2026 - Apr 14, 2026
#2	-43.45% Feb 5, 2026 - Mar 30, 2026	-1.25% Oct 2, 2025 - Oct 24, 2025
#3	-39.96% Jan 22, 2026 - Feb 4, 2026	-0.97% Oct 27, 2025 - Nov 26, 2025
#4	N/A	-0.91% May 6, 2026 - May 29, 2026
#5	N/A	-0.63% May 16, 2025 - May 27, 2025
#6	N/A	-0.63% Jul 3, 2025 - Jul 22, 2025
#7	N/A	-0.56% Apr 17, 2026 - May 6, 2026
#8	N/A	-0.55% Apr 17, 2025 - Apr 23, 2025
#9	N/A	-0.53% Aug 13, 2025 - Aug 22, 2025
#10	N/A	-0.51% May 29, 2026 - Jun 15, 2026
#11	N/A	-0.46% Apr 29, 2025 - May 12, 2025
#12	N/A	-0.37% Jul 6, 2026 - Jul 15, 2026
#13	N/A	-0.36% Sep 22, 2025 - Oct 1, 2025
#14	N/A	-0.27% Jun 15, 2026 - Jul 2, 2026
#15	N/A	-0.26% Aug 28, 2025 - Sep 4, 2025

Correlation

Correlation between IREZ and ZTOP is -0.93 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.93

-101