PRTO vs IREZ

Comparison between RCN PARETO STRATEGIC ALLOCATION ETF (PRTO, ETF) and Tradr 2X Short IREN Daily ETF (IREZ, ETF).

PRTO vs IREZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PRTO(ETF)	IREZ(ETF)
Net Assets	$17M	$17M
Expense Ratio	0.82%	N/A
Max Drawdown	4.69%	90.83%
Sharpe Ratio	1.75	-0.25
5Y Beta	0.91	-8.29

Net Assets

PRTO

$17M

Winner

IREZ

$17M

Expense Ratio

PRTO

0.82%

IREZ

N/A

Max Drawdown

Winner

PRTO

4.69%

IREZ

90.83%

Sharpe Ratio

Winner

PRTO

1.75

IREZ

-0.25

5Y Beta

PRTO

0.91

Winner

IREZ

-8.29

PRTO vs IREZ - Historical Returns

Returns include dividend reinvestment.

Period	PRTO	IREZ
1 month	+4.81%	-58.83%
3 months	+1.73%	-41.76%
6 months	+12.52%	-85.12%
Max(CAGR)	+32.54%	-96.66%

Winner

PRTO

+4.81%

IREZ

-58.83%

Winner

PRTO

+1.73%

IREZ

-41.76%

Winner

PRTO

+12.52%

IREZ

-85.12%

Max(CAGR)

Winner

PRTO

+32.54%

IREZ

-96.66%

PRTO vs IREZ - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	PRTO	IREZ
2026	+12.52%	-86.49%

PRTO vs IREZ Drawdown Comparison

The maximum drawdown for PRTO was -4.69%, occurring on Jul 29, 2026. Recovery took 46 trading sessions.

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

The current PRTO drawdown is -0.38%. The current IREZ drawdown is -89.98%.

Rank	PRTO	IREZ
#1	-4.69% Jun 2, 2026 - Aug 7, 2026	-90.83% Mar 30, 2026 - Aug 17, 2026
#2	-2.98% May 11, 2026 - May 26, 2026	-43.45% Feb 5, 2026 - Mar 30, 2026
#3	-2.45% Mar 25, 2026 - Apr 1, 2026	-39.96% Jan 22, 2026 - Feb 4, 2026
#4	-1.38% Apr 24, 2026 - Apr 30, 2026	N/A
#5	-1.31% Aug 17, 2026 - Aug 18, 2026	N/A
#6	-1.22% Apr 20, 2026 - Apr 24, 2026	N/A
#7	-0.88% May 6, 2026 - May 8, 2026	N/A
#8	-0.73% May 1, 2026 - May 5, 2026	N/A
#9	-0.39% May 26, 2026 - May 28, 2026	N/A
#10	-0.35% Apr 9, 2026 - Apr 13, 2026	N/A
#11	-0.27% May 28, 2026 - Jun 2, 2026	N/A
#12	-0.14% Apr 14, 2026 - Apr 16, 2026	N/A
#13	-0.10% Apr 1, 2026 - Apr 6, 2026	N/A

Correlation

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

-0.93

-101