Investment Managers Series Trust II - Tradr 2x Long IREN Daily ETF (IREX)
ETF overview
IREX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of IREN Ltd. stock (IREN), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror IRENs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold IREN stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending, and holders are on the positive corresponding side of that trade. The remaining cash is invested in collaterals such as US Treasuries, money market funds, or short-term corporate debt.
Fund facts
- Leverage
- 2x daily
- Expense ratio
- 1.30%
- Fund assets
- 51.9M USD (all share classes)
- Issuer
- Tradr
- Inception date
- Oct 22, 2025
- Number of holdings
- 1
Holdings (1)
| Name | Ticker | Exposure |
|---|---|---|
| CFD IREN LTD | -21.96% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
Investment Managers Series Trust II - Tradr 2x Long IREN Daily ETF (IREX)
- Leverage
- 2x daily
- Expense ratio
- 1.30%
- Fund assets
- 51.9M USD (all share classes)
- Issuer
- Tradr
- Inception date
- Oct 22, 2025
- Number of holdings
- 1
| Name | Ticker | Exposure |
|---|---|---|
| CFD IREN LTD | -21.96% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
IREX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of IREN Ltd. stock (IREN), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror IRENs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold IREN stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending, and holders are on the positive corresponding side of that trade. The remaining cash is invested in collaterals such as US Treasuries, money market funds, or short-term corporate debt.
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