Data as of .
DPST vs SKRE: which held to its multiple?
Over three months against its own daily promise, DPST finished 2.2 points short and SKRE 1.0 points over.
ETFIQ Decay Resistance Score: DPST scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| DPST | SKRE | DPST | SKRE | DPST | SKRE | |
| 1 month | −14.1% | +9.7% | −13.5% | +9.0% | −0.6 pts | +0.7 pts |
| 3 months | −0.7% | −3.5% | +3.8% | −2.5% | −4.4 pts | −1.0 pts |
| 6 months | +51.1% | −31.1% | +55.4% | −36.9% | −4.2 pts | +5.8 pts |
| 1 year | +22.7% | −33.3% | +48.2% | −32.1% | −25.5 pts | −1.1 pts |
| 3 years | +127.2% | not published | +252.4% | not published | −125.2 pts | not published |
| Since launch | −80.1% | −73.2% | not meaningful | −109.1% | not meaningful | +35.9 pts |
| DPST Direxion Daily Regional Banks Bull 3X ETF Aims to return three times the daily move of STATE STREET(R) SPDR(R) S&P REGIONAL BANKING(SM) ETF (KRE) | SKRE TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF Aims to return twice the opposite of the daily move of STATE STREET(R) SPDR(R) S&P REGIONAL BANKING(SM) ETF (KRE) | |
|---|---|---|
| Issuer | Direxion | Tuttle |
| Sets out to return | +3x | -2x |
| On | KRE | KRE |
| Segment | sector | sector |
| Fund returned, 3 months | −0.7% | −3.5% |
| Underlying returned, 3 months | +1.3% | +1.3% |
| What the stated multiple implies, 3 months | +3.8% | −2.5% |
| Difference from stated, 3 months | −4.4 pts | −1.0 pts |
| Fund returned, 1 year or since launch | +22.7% | −33.3% |
| Difference from stated, over that window | −25.5 pts | −1.1 pts |
| Underlying volatility | 17% | 17% |
| Expense ratio | 0.92% | 0.75% |
| Launched | Aug 19, 2015 | Jan 4, 2024 |
DPST in plain words
Three months to Sep 11, 2026: DPST returned −0.7% where its own daily promise gave +1.6%, 2.2 points short. Read the multiple against the whole window instead and +3 times KRE's 1.3% implies +3.8%, which makes DPST look 4.4 points short. 2.2 of that is daily compounding, which happens to any +3 times fund over the same path, and the rest is the fund. DPST aims to return +3 times KRE's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +3 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. KRE moved at 17% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
SKRE in plain words
Three months to Sep 11, 2026: SKRE returned −3.5% where its own daily promise gave −4.5%, 1.0 points over. Read the multiple against the whole window instead and −2 times KRE's 1.3% implies −2.5%, which makes SKRE look 1.0 points short. 2.0 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. SKRE aims to return -2 times KRE's move each day, then resets. Over longer, the daily results compound, so the total is not -2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more.
Questions people ask
- Which came closer to its stated multiple, DPST or SKRE?
- Over the window to Sep 11, 2026, DPST finished 4.4 points from what its multiple implies and SKRE finished 1.0 points from its own, so SKRE came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are DPST and SKRE levered on the same thing?
- Yes. Both are levered on STATE STREET(R) SPDR(R) S&P REGIONAL BANKING(SM) ETF, DPST at +3 times and SKRE at -2 times the daily move.
- Which one decays faster, DPST or SKRE?
- Decay follows how much the underlying moves about. Over this window DPST’s moved at 17% annualized and SKRE’s at 17%, so DPST has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold DPST or SKRE for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, DPST or SKRE?
- DPST charges 0.92% a year and SKRE charges 0.75%, so SKRE is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DPST against SKRE, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/DPST-SKRE Free to use with attribution; the underlying files are at Open data.