Data as of .
SKRE vs XKRE: which held to its multiple?
Over three months against its own daily promise, SKRE finished 1.0 points over and XKRE 2.8 points short.
ETFIQ Decay Resistance Score: XKRE scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 121 inverse ETFs 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 | |||
|---|---|---|---|---|---|---|
| SKRE | XKRE | SKRE | XKRE | SKRE | XKRE | |
| 1 month | +9.7% | −9.7% | +9.0% | −9.0% | +0.7 pts | −0.7 pts |
| 3 months | −3.5% | −1.0% | −2.5% | +2.5% | −1.0 pts | −3.5 pts |
| 6 months | −31.1% | not published | −36.9% | not published | +5.8 pts | not published |
| 1 year | −33.3% | not published | −32.1% | not published | −1.1 pts | not published |
| Since launch | −73.2% | +15.2% | −109.1% | +19.0% | +35.9 pts | −3.9 pts |
| 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) | XKRE Corgi U.S. Regional Banks 2x Daily ETF Aims to return twice the daily move of STATE STREET(R) SPDR(R) S&P REGIONAL BANKING(SM) ETF (KRE) | |
|---|---|---|
| Issuer | Tuttle | Corgi |
| Sets out to return | -2x | +2x |
| On | KRE | KRE |
| Segment | sector | sector |
| Fund returned, 3 months | −3.5% | −1.0% |
| Underlying returned, 3 months | +1.3% | +1.3% |
| What the stated multiple implies, 3 months | −2.5% | +2.5% |
| Difference from stated, 3 months | −1.0 pts | −3.5 pts |
| Fund returned, 1 year or since launch | −33.3% | +15.2% |
| Difference from stated, over that window | −1.1 pts | −3.9 pts |
| Underlying volatility | 17% | 17% |
| Expense ratio | 0.75% | 0.45% |
| Launched | Jan 4, 2024 | Jun 3, 2026 |
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 one day it does that. 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. 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.
XKRE in plain words
Three months to Sep 11, 2026: XKRE returned −1.0% where its own daily promise gave +1.8%, 2.8 points short. Read the multiple against the whole window instead and +2 times KRE's 1.3% implies +2.5%, which makes XKRE look 3.5 points short. 0.7 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. XKRE 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, SKRE or XKRE?
- Over the window to Sep 11, 2026, SKRE finished 1.0 points from what its multiple implies and XKRE finished 3.5 points from its own, so SKRE came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are SKRE and XKRE levered on the same thing?
- Yes. Both are levered on STATE STREET(R) SPDR(R) S&P REGIONAL BANKING(SM) ETF, SKRE at -2 times and XKRE at +2 times the daily move.
- Which one decays faster, SKRE or XKRE?
- Decay follows how much the underlying moves about. Over this window SKRE’s moved at 17% annualized and XKRE’s at 17%, so SKRE has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold SKRE or XKRE 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, SKRE or XKRE?
- SKRE charges 0.75% a year and XKRE charges 0.45%, so XKRE 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, SKRE against XKRE, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/SKRE-XKRE Free to use with attribution; the underlying files are at Open data.