# Daily Target 2X Long IREN ETF (IRE) ETF

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> **Markdown feed:** https://www.stockexpertai.com/etf/ire.md  
> **Last updated:** 2026-03-15 UTC  
> **Disclaimer:** This is not financial advice. Educational purposes only.

## Quick Answer

The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of IREN Limited (NASDAQ: IREN). 1.31% expense ratio, $280M AUM, 9 holdings, inception 2025.

## Fund Snapshot

- **Fund Name:** Daily Target 2X Long IREN ETF
- **Symbol:** IRE
- **Issuer:** Defiance
- **Domicile:** US
- **Expense Ratio:** 1.31%
- **NAV:** $5.12
- **AUM:** $279.54M
- **Inception Date:** 2025-10-20
- **Holdings Count:** 9
- **Dividend Yield:** 0.00%

## About Daily Target 2X Long IREN ETF

The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of IREN Limited (NASDAQ: IREN). The Fund does not seek to achieve its stated investment objective for any period other than a single trading day.

## Investment Strategy

The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of IREN Limited (NASDAQ: IREN). The Fund does not seek to achieve its stated investment objective for any period other than a single trading day. The portfolio is concentrated with 9 holdings.

## Risk Profile

Daily Target 2X Long IREN ETF holds only 9 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. The 1.31% expense ratio is above average and will reduce net returns over time.

## Country Allocation

- Other: 100.0%

## Frequently Asked Questions

### What is Daily Target 2X Long IREN ETF (IRE)?

The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of IREN Limited (NASDAQ: IREN). The Fund does not seek to achieve its stated investment objective for any period oth It holds 9 securities. With $280M in assets under management, it is a funds in its category.

### What is the expense ratio for IRE?

Daily Target 2X Long IREN ETF has an expense ratio of 1.31%, which is considered higher than average for exchange-traded ETFs. This means for every $10,000 invested, annual fees would be approximately $131. Lower expense ratios generally lead to better long-term returns, all else being equal.

### How long has IRE been around?

Daily Target 2X Long IREN ETF was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by Defiance.

### What is the current NAV of IRE?

Daily Target 2X Long IREN ETF has a net asset value (NAV) of approximately $5.12 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.

### Who manages IRE?

Daily Target 2X Long IREN ETF is managed by Defiance. The fund manager is responsible for portfolio construction, rebalancing, and ensuring the ETF tracks its investment objective. With $280M in assets under management, Defiance provides institutional-grade management and oversight for the fund's investors.

## Data Sources

- Yahoo Finance (ETF bundle)
- Issuer prospectus
- Stock Expert AI proprietary analysis

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All content on Stock Expert AI is for educational and informational purposes only. Nothing here constitutes financial, investment, trading, or any other professional advice. Users should consult qualified financial advisors before making investment decisions.

ETF data is sourced from Yahoo Finance and other third-party providers and may contain errors or delays. Past performance does not guarantee future results. Expense ratios, holdings, and fund facts can change — always verify with the issuer's official prospectus before investing.

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