Data as of Oct 28, 2026.
DPST vs SKRE: Leverage, Returns & Decay
Over three months against its daily multiple, compounded, DPST finished 2.1 points short and SKRE 1.4 points over.
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Net assets: $317m on Oct 27, 2026 for Direxion Daily Regional Banks Bull 3X ETF, and $7.2m on May 31, 2026 for TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF.
DPST returned −17.4% while 3 times KRE's move would have been −14.4%. Data from Jul 29, 2026 to Oct 28, 2026.
Data from Jul 29, 2026 to Oct 28, 2026.SKRE returned +9.8% while −2 times KRE's move would have been +9.6%. Data from Jul 29, 2026 to Oct 28, 2026.
SKRE returned +9.8% while −2 times KRE's move would have been +9.6%. Data from Jul 29, 2026 to Oct 28, 2026.Pair scorecard
SKRE costs 0.17 points a year less; their one-year returns differ by 80.9 points.
Points (pts) are percentage points.
| Measure | DPST | SKRE |
|---|---|---|
| Return | ||
| Total return, 1 year | +43.3% | −37.6% |
| What its daily multiple gave, 3 months | −15.3% | 8.4% |
| Benchmark | ||
| What it tracks | Regional Banks | REGIONAL BANKS |
| Cost and size | ||
| Expense ratio | 0.92% | 0.75% |
| Net assets, DPST as of Oct 27, 2026 and SKRE as of May 31, 2026 | $317m | $7.2m |
| Holdings | ||
| Holdings in common | not published | |
DPST among the 31 leveraged ETFs at 3x, over three months
How closely it delivered its daily multiple over 3 months, ranked against 31 leveraged ETFs at 3x, over three months and 75 inverse ETFs at 2x, over three months. 100 is best. How it is computed
SKRE among the 75 inverse ETFs at 2x, over three months
A percentile among the 31 leveraged ETFs at 3x, over three months. SKRE is a percentile among the 75 inverse ETFs at 2x, over three months, a different set, so the two marks are not on one scale. Three months only, against the fund's own daily multiple; a different quarter can rank it very differently. All leveraged ETFs ranked by it →
Side by side
As of Oct 28, 2026. Source: ETFIQ.
Window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | DPST | SKRE | DPST | SKRE | DPST | SKRE |
| 1 month | +4.9% | −4.4% | +6.6% | −4.4% | −1.7 pts | 0.0 pts |
| 3 months | −17.4% | +9.8% | −14.4% | +9.6% | −3.0 pts | +0.2 pts |
| 6 months | +7.6% | −12.8% | +17.1% | −11.4% | −9.5 pts | −1.4 pts |
| 1 year | +43.3% | −37.6% | +63.6% | −42.4% | −20.3 pts | +4.8 pts |
| 3 years | +204.6% | – | not meaningful | – | not meaningful | – |
| Since launchNot the same days: DPST Aug 2015 · SKRE Jan 2024 | −81.6% | −72.3% | not meaningful | not meaningful | not meaningful | not meaningful |
– means no data for this window. Open this comparison in the app →
Over the three months to Oct 28, 2026, DPST lost 17.4%, against −15.3% for three times KRE's daily moves.
Read the multiple against the whole window instead and 3 times KRE's −4.8% implies −14.4%, which makes DPST look 3.0 points short. That is not the fund's objective, which is daily. Of that 3.0, daily compounding is −0.9 points, which any 3 times fund would show over the same path, and the fund itself is −2.1 points against 3 times each day's move, compounded. DPST aims to return +3 times KRE's move each day, then resets. Over one day it does that. Over longer periods the daily results compound, so the total is not +3 times the period's move: it is lower after a fall and recovery, and can be higher in a steady run. KRE moved at 15% annualized over that window. The more it moves, the further the two numbers separate.
Over the three months to Oct 28, 2026, SKRE returned 9.8%, against 8.4% for twice the inverse of KRE's daily moves.
Read the multiple against the whole window instead and −2 times KRE's −4.8% implies +9.6%, which makes SKRE look 0.2 points over. Of that 0.2, daily compounding is −1.2 points, which any −2 times fund would show over the same path, and the fund itself is +1.4 points against −2 times each day's move, compounded. SKRE aims to return -2 times KRE's move each day, then resets. Over longer periods the daily results compound, so the total is not -2 times the period's move: it is lower after a fall and recovery, and can be higher in a steady run.
Questions people ask
- Which came closer to its daily multiple, DPST or SKRE?
- Over the window to Oct 28, 2026, DPST finished 3.0 points from what its multiple implies and SKRE finished 0.2 points from its own, so SKRE came closer. Neither number 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 SPDR S&P Regional Banking 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 15% annualized and SKRE’s at 15%, 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 daily results compound. Over a year the total is not the multiple times the year’s move; after a fall and recovery it is lower.
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How this is computed
It is a place in a set, not a rating or a recommendation.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, DPST against SKRE, data as of Oct 28, 2026. https://etfiq.com/compare/leverage/dpst-vs-skre
ETFIQ. (Oct 28, 2026). DPST against SKRE. Retrieved from https://etfiq.com/compare/leverage/dpst-vs-skre
[DPST against SKRE (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/leverage/dpst-vs-skre)
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