SMOX vs IREX

Comparison between Horizon SmallMid Cap Core Equity ETF (SMOX, ETF) and Tradr 2X Long IREN Daily ETF (IREX, ETF).

SMOX vs IREX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMOX(ETF)	IREX(ETF)
Net Assets	$59M	$59M
Expense Ratio	0.75%	N/A
Max Drawdown	7.76%	90.28%
Sharpe Ratio	1.76	0.37
5Y Beta	0.96	7.73
P/E Ratio	20.59	N/A
Forward P/E	16.54	N/A
PEG Ratio	0.21	N/A
5Y EPS CAGR	19.51%	N/A
Debt to Equity	30.31%	N/A
P/S Ratio	1.52	N/A
P/B Ratio	2.70	N/A

Net Assets

SMOX

$59M

Winner

IREX

$59M

Expense Ratio

SMOX

0.75%

IREX

N/A

Max Drawdown

Winner

SMOX

7.76%

IREX

90.28%

Sharpe Ratio

Winner

SMOX

1.76

IREX

0.37

5Y Beta

Winner

SMOX

0.96

IREX

7.73

P/E Ratio

SMOX

20.59

IREX

N/A

Forward P/E

SMOX

16.54

IREX

N/A

PEG Ratio

SMOX

0.21

IREX

N/A

5Y EPS CAGR

SMOX

19.51%

IREX

N/A

Debt to Equity

SMOX

30.31%

IREX

N/A

P/S Ratio

SMOX

1.52

IREX

N/A

P/B Ratio

SMOX

2.70

IREX

N/A

SMOX vs IREX - Historical Returns

Returns include dividend reinvestment.

Period	SMOX	IREX
1 month	-0.26%	-13.79%
3 months	+7.05%	+35.54%
6 months	+15.38%	-23.48%
Max(CAGR)	+34.46%	-76.95%

Winner

SMOX

-0.26%

IREX

-13.79%

SMOX

+7.05%

Winner

IREX

+35.54%

Winner

SMOX

+15.38%

IREX

-23.48%

Max(CAGR)

Winner

SMOX

+34.46%

IREX

-76.95%

SMOX vs IREX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	SMOX	IREX
2026	+14.18%	-8.40%
2025	+0.44%	-64.89%

SMOX vs IREX Drawdown Comparison

The maximum drawdown for SMOX was -7.76%, occurring on Mar 20, 2026. Recovery took 26 trading sessions.

The maximum drawdown for IREX was -90.28%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current SMOX drawdown is -1.72%. The current IREX drawdown is -77.22%.

Rank	SMOX	IREX
#1	-7.76% Mar 2, 2026 - Apr 8, 2026	-90.28% Nov 5, 2025 - Mar 30, 2026
#2	-3.45% May 6, 2026 - May 26, 2026	-20.42% Oct 27, 2025 - Nov 3, 2025
#3	-2.53% Dec 11, 2025 - Jan 5, 2026	-2.86% Nov 3, 2025 - Nov 5, 2025
#4	-1.72% Jun 4, 2026 - Jun 5, 2026	N/A
#5	-1.61% Jan 21, 2026 - Feb 6, 2026	N/A
#6	-1.51% Apr 27, 2026 - Apr 30, 2026	N/A
#7	-1.43% Feb 20, 2026 - Feb 25, 2026	N/A
#8	-1.29% Feb 11, 2026 - Feb 20, 2026	N/A
#9	-1.27% May 26, 2026 - Jun 4, 2026	N/A
#10	-0.91% Jan 15, 2026 - Jan 21, 2026	N/A
#11	-0.78% Feb 26, 2026 - Mar 2, 2026	N/A
#12	-0.63% Dec 5, 2025 - Dec 10, 2025	N/A
#13	-0.62% Apr 14, 2026 - Apr 17, 2026	N/A
#14	-0.51% Apr 9, 2026 - Apr 13, 2026	N/A
#15	-0.46% Apr 20, 2026 - Apr 27, 2026	N/A