Tuttle Capital Daily 2X Inverse Regional… (SKRE) Performance
SKRE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −28.2% since Dec 31, 2025
- 1 year
- −39.8% total return
- Since first price
- −72.6% since 2024
SKRE trailing returns vs SPY, QQQ, AGG
| Period | SKRE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.4% | −6.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.2% | +5.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.7% | −11.7% | +7.8% | +8.4% | −1.5% |
| YTD | −28.2% | −28.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −39.8% | −40.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 4, 2024 | −72.6% | −73.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SKRE vs SPY
From Jan 4, 2024: SKRE grew to $2,737, SPY to $16,796.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SKRE returns by calendar year
0 of 1 full years positive. Best 2025 (−31.3%), worst 2025 (−31.3%). 2026 is year to date.
SKRE annual returns table
| Year | SKRE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −28.2% | −38.9% | +12.3% | +15.1% | −1.0% |
| 2025 | −31.3% | −54.8% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SKRE largest drawdowns
Now 76.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 7, 2024 | −79.5% | Aug 14, 2026 | not yet | 2.5 years | 2.7 years so far |
| Jan 17, 2024 | −13.4% | Jan 29, 2024 | Feb 1, 2024 | 12 days | 15 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SKRE risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −37.3% |
| Volatility (annualized) | 41.5% |
| Sharpe ratio | -0.99 |
| Sortino ratio | -1.12 |
| Best month | +22.3% |
| Worst month | −30.6% |
| Best 12 months | −9.5% |
| Worst 12 months | −52.9% |
| Positive months | 44% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SKRE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 22 | −52.9% | −40.3% | −9.5% | 0% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
SKRE performance overview
Tuttle Capital Daily 2X Inverse Regional… (SKRE) returned −39.8% over the past year, with distributions reinvested. Since its first recorded price on Jan 4, 2024 it has returned −72.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −79.5%, from Feb 7, 2024 to Aug 14, 2026; the fund has not yet regained that high. Volatility has been 41.5% a year.
Related: SKRE chart, SKRE dividends. See the SKRE overview for the latest quote and fund facts.
SKRE performance FAQ
What is the SKRE return over the past year?
SKRE returned −39.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 40.0%.
How much would $10,000 invested in SKRE be worth?
$10,000 invested in SKRE at its first recorded close on January 4, 2024 would be worth about $2,737 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SKRE?
The largest peak-to-trough decline was −79.5% between February 7, 2024 and August 14, 2026. It has not yet recovered to that high; it is 76.7% below its peak.
How volatile is SKRE?
Over the past history SKRE had an annualized volatility of 41.5% and a Sharpe ratio of -0.99 (excess return over 1–3 month T-bills per unit of risk).