QVOY vs IREX

Comparison between Q3 ALL-SEASON ACTIVE ROTATION ETF (QVOY, ETF) and Tradr 2X Long IREN Daily ETF (IREX, ETF).

QVOY vs IREX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QVOY(ETF)	IREX(ETF)
Net Assets	$60M	$60M
Expense Ratio	1.32%	N/A
Max Drawdown	24.96%	92.34%
Sharpe Ratio	0.93	0.03
5Y Beta	0.74	7.42

Net Assets

QVOY

$60M

IREX

$60M

Expense Ratio

QVOY

1.32%

IREX

N/A

Max Drawdown

Winner

QVOY

24.96%

IREX

92.34%

Sharpe Ratio

Winner

QVOY

0.93

IREX

0.03

5Y Beta

Winner

QVOY

0.74

IREX

7.42

QVOY vs IREX - Historical Returns

Returns include dividend reinvestment.

Period	QVOY	IREX
1 month	-6.06%	-53.35%
3 months	+4.05%	-40.77%
6 months	+2.58%	-69.76%
1 year	+19.91%	N/A
Max(CAGR)	+12.07%	-88.65%

Winner

QVOY

-6.06%

IREX

-53.35%

Winner

QVOY

+4.05%

IREX

-40.77%

Winner

QVOY

+2.58%

IREX

-69.76%

QVOY

+19.91%

IREX

N/A

Max(CAGR)

Winner

QVOY

+12.07%

IREX

-88.65%

QVOY vs IREX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	QVOY	IREX
2026	+8.41%	-55.00%
2025	+16.48%	-64.89%
2024	+2.57%	N/A
2023	+16.66%	N/A
2022	-0.53%	N/A

QVOY vs IREX Drawdown Comparison

The maximum drawdown for QVOY was -16.94%, occurring on Apr 8, 2025. Recovery took 325 trading sessions.

The maximum drawdown for IREX was -92.34%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The current QVOY drawdown is -7.45%. The current IREX drawdown is -88.81%.

Rank	QVOY	IREX
#1	-16.94% Mar 28, 2024 - Jul 17, 2025	-92.34% Nov 5, 2025 - Jul 17, 2026
#2	-10.67% Jul 31, 2023 - Dec 19, 2023	-20.42% Oct 27, 2025 - Nov 3, 2025
#3	-9.73% Feb 1, 2023 - Jun 12, 2023	-2.86% Nov 3, 2025 - Nov 5, 2025
#4	-9.39% Feb 26, 2026 - May 11, 2026	N/A
#5	-8.36% Jun 2, 2026 - Jul 20, 2026	N/A
#6	-7.37% Oct 29, 2025 - Dec 22, 2025	N/A
#7	-6.31% Jan 28, 2026 - Feb 23, 2026	N/A
#8	-3.82% Dec 27, 2023 - Feb 8, 2024	N/A
#9	-3.67% Dec 13, 2022 - Jan 6, 2023	N/A
#10	-3.26% Oct 20, 2025 - Oct 29, 2025	N/A
#11	-3.20% Jul 25, 2025 - Sep 3, 2025	N/A
#12	-3.06% Oct 8, 2025 - Oct 15, 2025	N/A
#13	-2.80% May 14, 2026 - May 22, 2026	N/A
#14	-2.38% Jan 13, 2023 - Feb 1, 2023	N/A
#15	-2.33% Feb 12, 2024 - Feb 22, 2024	N/A

Correlation

Correlation between QVOY and IREX is -0.47 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.47

-101