DV
Dividend Vision

IREX — Tradr 2X Long IREN Daily ETF

Tradr 2X Long IREN Daily ETF (IREX)

IREX carries a 1.30% expense ratio. Total return is -80.3% over the past 0.8 years, 59.2 points behind IREN at -21.1%.

IREX is a leveraged equity ETF that seeks to deliver twice the daily performance of the IREN index through the use of financial derivatives and leverage. The fund charges a 1.30% expense ratio and does not currently display a meaningful distribution rate, reflecting its structure as a trading-focused instrument rather than an income-generating vehicle. This ETF is designed primarily for active traders seeking short-term directional exposure rather than long-term income investors, given its daily reset mechanism and leverage costs that can erode returns over extended holding periods.

IREX key facts

Issuer
Tradr
Asset type
ETF
Asset class
Equity
Inception date
10/22/2025
Expense ratio
1.30%
Last close
$17.06
AUM
$46,263,150
Average volume
1287300.0
Beta
7.3397
P/E ratio
15.45