IREXTradr 2X Long IREN Daily ETF
Seeks daily investment results that correspond to 200% of the daily performance of IREN Limited.
By AXS · Launched 2025
1.30%
#5,558 of 5,854 · expensive
$60M
#3,456 of 5,854 · mid-size
N/A
10 months
#4,791 of 5,854 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
What it actually holds
By weightConcentration
single-stock bet — holdings shown are derivatives collateral, not diversification
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks daily investment results that correspond to 200% of the daily performance of IREN Limited.
- Strategy
- Actively manages a portfolio to achieve 200% daily exposure to the common shares of IREN Limited through swaps and options. Concentrated in the Finance Services industry, with IREN incorporated in Australia.
- Inception date
- October 22, 2025
- Fund family
- AXS
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Most of these lose money
These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.
Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-03