{
 "ticker": "SKRE",
 "name": "TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF",
 "issuer": "Tuttle",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/SKRE",
 "html": "https://etfiq.com/funds/SKRE",
 "markdown": "https://etfiq.com/funds/SKRE.md",
 "as_of": "2026-09-11",
 "verdict": "Three months to Sep 11, 2026: SKRE returned \u22123.5% where its own daily promise gave \u22124.5%, 1.0 points over.",
 "key_facts": [
  {
   "key": "what_kre_did",
   "label": "What KRE did",
   "value": "+1.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SKRE, what KRE did: +1.3%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What \u22122 times a day gives",
   "value": "\u22124.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SKRE, what \u22122 times a day gives: \u22124.5%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u22123.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SKRE, what the fund returned: \u22123.5%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_added",
   "label": "The fund itself added",
   "value": "+1.0 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SKRE, the fund itself added: +1.0 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$7m",
   "source": "source, as filed for May 31, 2026",
   "as_of": "2026-09-11",
   "sentence": "SKRE, net assets: $7m (source, as filed for May 31, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Dec 29, 2025",
   "as_of": "2026-09-11",
   "sentence": "SKRE, expense ratio: 0.75% (485BPOS XBRL, Dec 29, 2025)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "-2 times the daily move of KRE, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "KRE moved +1.3% over this window, too little to read a multiple from",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "KRE",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "sector or country, sector",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$7m",
   "source": "source, as filed for May 31, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Dec 29, 2025"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 4, 2024",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "17% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+9.7%",
   "KRE": "\u22124.5%",
   "-2x the move": "+9.0%",
   "Difference": "+0.7 pts",
   "KRE moved about": "15%"
  },
  {
   "window": "3 months",
   "Fund": "\u22123.5%",
   "KRE": "+1.3%",
   "-2x the move": "\u22122.5%",
   "Difference": "\u22121.0 pts",
   "KRE moved about": "17%"
  },
  {
   "window": "6 months",
   "Fund": "\u221231.1%",
   "KRE": "+18.4%",
   "-2x the move": "\u221236.9%",
   "Difference": "+5.8 pts",
   "KRE moved about": "19%"
  },
  {
   "window": "1 year",
   "Fund": "\u221233.3%",
   "KRE": "+16.1%",
   "-2x the move": "\u221232.1%",
   "Difference": "\u22121.1 pts",
   "KRE moved about": "22%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221273.2%",
   "KRE": "+54.5%",
   "-2x the move": "\u2212109.1%",
   "Difference": "+35.9 pts",
   "KRE moved about": "27%"
  }
 ],
 "questions": [
  {
   "q": "Did SKRE return -2 times KRE?",
   "a": "Over the window to Sep 11, 2026, KRE moved +1.3% and SKRE returned \u22123.5%. 2 times that move is \u22122.5%, so the fund came out 1.0 points short of it."
  },
  {
   "q": "Why does SKRE not return -2 times over a year?",
   "a": "Because it resets daily. SKRE aims at -2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what -2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}