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| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | ▲ +17.6% | ▲ +98.2% | ▲ +19.5% | — | — | — | — | ▼ −75.7% |
| Peer average | ▼ −1.6% | ▼ −15.9% | ▼ −11.3% | ▼ −14.3% | ▼ −27.0% | ▲ +31.6% | — | — |
| S&P 500 · VOO | ▼ −0.4% | ▲ +0.9% | ▲ +3.3% | ▲ +13.8% | ▲ +13.3% | ▲ +88.8% | ▲ +81.9% | — |
Reported holdings are shown below. A share-of-fund chart is unavailable for this portfolio.
Holdings as of 2026-10-30. Derivatives are shown using their reported instrument names.
| Holding | Instrument | Weight |
|---|---|---|
| CASHUSD | Reported holding | 82.68% |
| CFD IREN LTD | Reported holding | 79.83% |
| NET OTHER ASSETS | Reported holding | -62.51% |
IREZ is a specialized, daily trading vehicle designed to deliver twice the inverse performance of IREN Limited (NASDAQ: IREN) stock's price movement, before accounting for associated fees and expenses. This leverage is intended to apply strictly to a single trading day. Investors who extend their holding period beyond one day will find it necessary to diligently monitor and frequently rebalance their positions if they aim to approximate the targeted -2x multiple, due to the effects of compounding. Beyond its inverse characteristic, this product inherently carries heightened volatility given its concentrated exposure to a single equity, lacking the risk mitigation benefits of diversification. Prospective buyers are strongly advised to conduct thorough, independent research into IREN Limited before committing capital, ensuring their investment decision is well-founded. Given its intricate structure, the ETF's performance generally aligns with expectations only during periods when the underlying IREN stock exhibits a clear, sustained trend, and the investor accurately anticipates that direction. A crucial advantage, however, is that an investor's maximum potential loss is limited to their initial capital outlay.
Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.
Verified payout history is unavailable.
Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.
Historical risk measures describe past behavior and do not predict future returns.
Hear the strategy from the people behind IREZ.