Defiance Daily Target 2X Long IREN (IRE) ETF Holdings & Analysis

What IRE does

IRE uses swap agreements and short-dated listed call options to make bullish bets on the share price of IREN Limited (NASDAQ: IREN). IREN Limited operates energy-efficient data centers that provide computing infrastructure for Bitcoin mining and AI workloads, focusing on scalable, sustainable power use for high-performance data processing. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in IRENs price through daily rebalancing. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility, compounding, or rebalancing effects. IRE may also hold US government securities, money market funds, short-term bond ETFs, and investment-grade corporate debt as collateral for its derivatives positions.

Fund profile

Top holdings

Geographic allocation

PortView Portfolio Insights

PortView analyzes how IRE fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does IRE track?

IRE is the Defiance Daily Target 2X Long IREN ETF, a Other ETF.

What is the expense ratio of IRE?

Expense ratio data for IRE is shown on the page when available from our data provider.

What are the largest holdings in IRE?

Top holdings include Cash & Other, IREN LTD SWAP CS-L, IREN LTD SWAP CANTOR-L, IREN LTD SWAP MAR-L, IREN LIMITED SWAP JNST-L.

How can PortView analyze IRE overlap with other ETFs?

PortView computes the holdings overlap between IRE and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.