THLV vs IREX

Comparison between THOR EQUAL WEIGHT LOW VOLATILITY ETF (THLV, ETF) and Tradr 2X Long IREN Daily ETF (IREX, ETF).

THLV vs IREX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	THLV(ETF)	IREX(ETF)
Net Assets	$60M	$60M
Expense Ratio	0.64%	N/A
Max Drawdown	14.18%	92.34%
Sharpe Ratio	1.10	0.03
5Y Beta	0.46	7.42

Net Assets

THLV

$60M

IREX

$60M

Expense Ratio

THLV

0.64%

IREX

N/A

Max Drawdown

Winner

THLV

14.18%

IREX

92.34%

Sharpe Ratio

Winner

THLV

1.10

IREX

0.03

5Y Beta

Winner

THLV

0.46

IREX

7.42

THLV vs IREX - Historical Returns

Returns include dividend reinvestment.

Period	THLV	IREX
1 month	-0.60%	-53.35%
3 months	+3.98%	-40.77%
6 months	+5.33%	-69.76%
1 year	+15.73%	N/A
Max(CAGR)	+10.15%	-88.65%

Winner

THLV

-0.60%

IREX

-53.35%

Winner

THLV

+3.98%

IREX

-40.77%

Winner

THLV

+5.33%

IREX

-69.76%

THLV

+15.73%

IREX

N/A

Max(CAGR)

Winner

THLV

+10.15%

IREX

-88.65%

THLV vs IREX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	THLV	IREX
2026	+9.65%	-55.00%
2025	+11.11%	-64.89%
2024	+9.61%	N/A
2023	+5.80%	N/A
2022	+2.56%	N/A

THLV vs IREX Drawdown Comparison

The maximum drawdown for THLV was -13.14%, occurring on Apr 21, 2025. Recovery took 159 trading sessions.

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

The current THLV drawdown is -1.43%. The current IREX drawdown is -88.81%.

Rank	THLV	IREX
#1	-13.14% Nov 29, 2024 - Jul 23, 2025	-92.34% Nov 5, 2025 - Jul 17, 2026
#2	-11.61% Jan 13, 2023 - Feb 22, 2024	-20.42% Oct 27, 2025 - Nov 3, 2025
#3	-6.87% Sep 14, 2022 - Oct 28, 2022	-2.86% Nov 3, 2025 - Nov 5, 2025
#4	-6.66% Feb 27, 2026 - Jul 2, 2026	N/A
#5	-5.57% Dec 1, 2022 - Jan 13, 2023	N/A
#6	-4.78% Mar 28, 2024 - May 17, 2024	N/A
#7	-3.99% Oct 27, 2025 - Dec 26, 2025	N/A
#8	-3.50% Jul 16, 2024 - Aug 15, 2024	N/A
#9	-3.07% Oct 18, 2024 - Nov 7, 2024	N/A
#10	-2.98% May 17, 2024 - Jul 12, 2024	N/A
#11	-2.72% Jul 25, 2025 - Aug 22, 2025	N/A
#12	-2.55% Oct 28, 2022 - Nov 8, 2022	N/A
#13	-2.53% Oct 6, 2025 - Oct 23, 2025	N/A
#14	-2.22% Aug 30, 2024 - Sep 13, 2024	N/A
#15	-2.01% Sep 30, 2024 - Oct 16, 2024	N/A

Correlation

Correlation between THLV and IREX is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

-101