NVDD vs IREG

Comparison between DIREXION DAILY NVDA BEAR 1X SHARES (NVDD, ETF) and Leverage Shares 2X Long IREN Daily ETF (IREG, ETF).

NVDD vs IREG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVDD(ETF)	IREG(ETF)
Net Assets	$20M	$20M
Expense Ratio	1.01%	N/A
Max Drawdown	89.36%	88.63%
Sharpe Ratio	-0.56	0.41
5Y Beta	-1.89	8.29

Net Assets

NVDD

$20M

Winner

IREG

$20M

Expense Ratio

NVDD

1.01%

IREG

N/A

Max Drawdown

NVDD

89.36%

Winner

IREG

88.63%

Sharpe Ratio

NVDD

-0.56

Winner

IREG

0.41

5Y Beta

Winner

NVDD

-1.89

IREG

8.29

NVDD vs IREG - Historical Returns

Returns include dividend reinvestment.

Period	NVDD	IREG
1 month	-10.75%	-7.31%
3 months	-4.56%	-78.67%
6 months	-22.18%	-60.65%
1 year	-22.43%	N/A
Max(CAGR)	-48.88%	-75.54%

NVDD

-10.75%

Winner

IREG

-7.31%

Winner

NVDD

-4.56%

IREG

-78.67%

Winner

NVDD

-22.18%

IREG

-60.65%

NVDD

-22.43%

IREG

N/A

Max(CAGR)

Winner

NVDD

-48.88%

IREG

-75.54%

NVDD vs IREG - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	NVDD	IREG
2026	-17.81%	-71.10%
2025	-36.76%	+3.65%
2024	-70.52%	N/A
2023	-8.77%	N/A

NVDD vs IREG Drawdown Comparison

The maximum drawdown for NVDD was -88.32%, occurring on May 14, 2026. This drawdown has not yet recovered.

The maximum drawdown for IREG was -88.63%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The current NVDD drawdown is -87.74%. The current IREG drawdown is -85.61%.

Rank	NVDD	IREG
#1	-88.32% Oct 26, 2023 - May 14, 2026	-88.63% Jan 28, 2026 - Jul 29, 2026
#2	-12.53% Sep 21, 2023 - Oct 26, 2023	-19.56% Dec 23, 2025 - Jan 2, 2026
#3	-0.22% Sep 13, 2023 - Sep 15, 2023	-19.22% Jan 16, 2026 - Jan 27, 2026
#4	-0.02% Sep 15, 2023 - Sep 19, 2023	-18.17% Jan 5, 2026 - Jan 12, 2026
#5	N/A	-15.53% Dec 16, 2025 - Dec 19, 2025
#6	N/A	-4.03% Jan 13, 2026 - Jan 16, 2026