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Notes -
That depends on the founding stock. Many of the smartest and most successful American secularized Jews of the early-late 20th century were of poor shtetl stock rather than bourgeois Western (eg German) Ashkenazi stock. The insane IQ stats found amongst Jewish kids in Brooklyn schools a century ago were likewise largely capturing Ostjuden rather than more-established Yekkes.
In addition, the founding population of modern Chareidim weren’t necessarily rural peasants, they were often communities that surrounded the few yeshivot whose members survived the war, including the extended families of the leading rabbis, many in the Baltics. They weren’t representative of the most common rural Jewish inhabitants of the pale of settlement.
More testing is needed, I agree, to be sure about the quality of Chareidim. But I’d say the evidence suggests their modern founding population (especially given it was highly selected for the few smart enough to escape the war in time) was probably on par with Ashkenazim in general at that time. Even if the extreme selection that produced the high IQ average then stopped (because as you say they all have 8 kids now), that would not necessarily lead to a strong decline in intellectual performance in the medium term, only maintenance.
In commodities, particularly the wackier side of mining, there are quite a few interesting ultra-orthodox businessmen (perhaps due to longstanding involvement with gemstones etc). Some of their stories are insane, essentially uneducated (formally, at least in the secular sense) men raising a small sums of money from within the community and making some very smart bets that pan out very well, bets hedge funds staffed by great traders and PMs with smart analysts with PhDs in mining engineering or whatever for speculative analysis of exploratory sites would love to make.
I therefore suspect they are indeed very smart, especially when considering that these guys are typically the failed students who get told to spend less time on Talmudic commentary because their analysis isn’t as good as the next guy’s. That they choose to waste their best resources on what is essentially Bible study is, of course, a grander tragedy.
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