Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SKRE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SKRE
SKRE charges 0.75% annually. There are 3 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 230.47M | Jun 2016 | SKRE vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 35.32M | Mar 2024 | SKRE vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 2.94M | Nov 2017 | SKRE vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 46.76M | Nov 2021 | SKRE vs SARK | |
| ProShares Short S&P500 | 0.89% | 927.71M | Jun 2006 | SKRE vs SH |
Best Risk-Adjusted Alternatives to SKRE
SKRE has a PortfoliosLab risk / return rank of 1. There are 53 ETFs in the Inverse Equities category with higher risk-adjusted ranks, going as high as 49.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 49 | 4.71M | Oct 2024 | SKRE vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 46 | 97.46M | Sep 2024 | SKRE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 40 | 28.39M | Aug 2024 | SKRE vs SMST | |
| -1x Short VIX Futures ETF | 37 | 195.06M | Mar 2022 | SKRE vs SVIX | |
| YieldMax Short COIN Option Income Strategy ETF | 35 | 36.86M | Jul 2024 | SKRE vs FIAT |
Top Performing SKRE Alternatives (YTD)
SKRE is at -35.15% YTD. There are 51 ETFs in the Inverse Equities category with higher YTD returns, going as high as 38.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Short TSLA Daily ETF | 38.93% | 110.91M | Jul 2022 | SKRE vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 37.39% | 33.39M | Aug 2023 | SKRE vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 35.10% | 34.80M | Oct 2023 | SKRE vs TSLZ | |
| Direxion Daily TSLA Bear 1X ETF | 28.69% | 81.35M | Aug 2022 | SKRE vs TSLS | |
| Direxion Daily PLTR Bear 1X Shares | 24.17% | 40.54M | Dec 2024 | SKRE vs PLTD |
Lowest Volatility Alternatives to SKRE
SKRE has 45.86% 1-year volatility. There are 36 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | 12.26% | 2.34M | Dec 2024 | SKRE vs BRKD | |
| ProShares Short Dow30 | 12.57% | 100.13M | Jun 2006 | SKRE vs DOG | |
| ProShares Short S&P500 | 12.78% | 927.71M | Jun 2006 | SKRE vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.94% | 230.47M | Jun 2016 | SKRE vs SPDN | |
| Gotham Short Strategies ETF | 14.19% | 12.30M | Jul 2017 | SKRE vs SHRT |
Lowest Drawdown Alternatives to SKRE
SKRE has a 1-year max drawdown of -51.44%. There are 39 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | SKRE vs BRKD | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | SKRE vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 2.94M | Nov 2017 | SKRE vs EMTY | |
| ProShares Short Dow30 | -14.32% | 100.13M | Jun 2006 | SKRE vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | -15.93% | 230.47M | Jun 2016 | SKRE vs SPDN |
Other ETFs from Tuttle
The 10 most viewed Tuttle ETFs shown here include EUAD, NSI, SPCI and span 8 categories. AUM among these funds goes as high as $980M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Select STOXX Europe Aerospace & Defense ETF | Aerospace & Defense | 21 | 9.35% | 980.32M | Oct 2024 | SKRE vs EUAD | |
| National Security Emerging Markets Index ETF | Emerging Markets Equities | 56 | 12.80% | 40.67M | Dec 2023 | SKRE vs NSI | |
| Tuttle Capital Space Industry Income Blast ETF | Derivative Income | — | — | 12.93M | Mar 2026 | SKRE vs SPCI | |
| Tuttle Capital Pure Play Photonics ETF | Technology Equities | — | — | 164.85M | May 2026 | SKRE vs FOTO | |
| SPAC and New Issue ETF | Actively Managed | 28 | 1.39% | 0.00 | Dec 2020 | SKRE vs SPCK | |
| Tuttle Capital Meme Stock Income Blast ETF | Derivative Income | — | — | 674.56K | Jan 2026 | SKRE vs MEMY | |
| Opportunistic Trader ETF | Large Cap Blend Equities, Actively Managed | 0 | -95.23% | — | Jun 2025 | SKRE vs WZRD | |
| Tuttle Capital Bitcoin 0DTE Covered Call ETF | Derivative Income | — | -30.37% | — | Sep 2025 | SKRE vs BITK | |
| T-Rex 2X Inverse CRWV Daily Target ETF | Inverse Equities | — | -89.15% | — | Sep 2025 | SKRE vs CORD | |
| T-Rex 2X Long KTOS Daily Target ETF | Leveraged Equities | — | -74.57% | — | Sep 2025 | SKRE vs KTUP |
Often Compared With SKRE
Investors most often compare SKRE with DPST, BDGS, BLCR. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare SKRE with Any Fund or Stock
Compare SKRE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SKRE with funds that move differently
Tuttle Capital Daily 2X Inverse Regional Banks ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SKRE.
Explore SKRE Diversifiers