# SKRE (TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF)

Tuttle · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: SKRE returned −3.5% where its own daily promise gave −4.5%, 1.0 points over.

## Key facts

- SKRE, what KRE did: +1.3%, as of Sep 11, 2026.
- SKRE, what −2 times a day gives: −4.5%, as of Sep 11, 2026.
- SKRE, what the fund returned: −3.5%, as of Sep 11, 2026.
- SKRE, the fund itself added: +1.0 pts, as of Sep 11, 2026.
- SKRE, net assets: $7m (source, as filed for May 31, 2026).
- SKRE, expense ratio: 0.75% (485BPOS XBRL, Dec 29, 2025).

## SKRE over each window to Sep 11, 2026

| Window | Fund | KRE | -2x the move | Difference | KRE moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +9.7% | −4.5% | +9.0% | +0.7 pts | 15% |
| 3 months | −3.5% | +1.3% | −2.5% | −1.0 pts | 17% |
| 6 months | −31.1% | +18.4% | −36.9% | +5.8 pts | 19% |
| 1 year | −33.3% | +16.1% | −32.1% | −1.1 pts | 22% |
| Since launch | −73.2% | +54.5% | −109.1% | +35.9 pts | 27% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -2 times the daily move of KRE, reset daily | ETFIQ |
| Multiple a holder actually got over the window | KRE moved +1.3% over this window, too little to read a multiple from | ETFIQ |
| Underlying | KRE | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $7m | source, as filed for May 31, 2026 |
| Expense ratio | 0.75% | 485BPOS XBRL, Dec 29, 2025 |
| Launched | Jan 4, 2024 | ETFIQ |
| Underlying volatility over the window | 17% annualized | ETFIQ |

## Questions

### Did SKRE return -2 times KRE?

Over the window to Sep 11, 2026, KRE moved +1.3% and SKRE returned −3.5%. 2 times that move is −2.5%, so the fund came out 1.0 points short of it.

### Why does SKRE not return -2 times over a year?

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.


## Cite this page

ETFIQ, SKRE, data as of Sep 11, 2026. https://etfiq.com/funds/SKRE
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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