BEZ vs. SKRE

Last updated Jul 17, 2026

BEZ (Tradr 2X Short BE Daily ETF) and SKRE (Tuttle Capital Daily 2X Inverse Regional Banks ETF) are both Inverse Equities funds - BEZ tracks the Bloom Energy Corporation (BE) while SKRE tracks the S&P Regional Banks Select Industry. Both are passively managed. At a 0.14 correlation, their price movements are largely independent. BEZ charges 1.49%/yr vs 0.75%/yr for SKRE.

Performance

BEZ vs. SKRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Short BE Daily ETF (BEZ) and Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BEZ

• 1D: 28.30%
• 1M: 23.72%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SKRE

• 1D: -5.25%
• 1M: -14.79%
• 6M: -29.24%
• YTD: -36.29%
• 1Y: -46.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BEZ vs. SKRE - Yearly Performance Comparison

	2026 (YTD)
BEZ Tradr 2X Short BE Daily ETF	-91.65%
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	-18.70%

Correlation

The correlation between BEZ and SKRE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 11, 2026	0.14

Return for Risk

BEZ vs. SKRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BEZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SKRE

SKRE Risk / Return Rank: 1
SKRE Sharpe Ratio Rank: 2
SKRE Sortino Ratio Rank: 2
SKRE Omega Ratio Rank: 2
SKRE Calmar Ratio Rank: 1
SKRE Martin Ratio Rank: 0

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BEZ vs. SKRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Short BE Daily ETF (BEZ) and Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BEZ	SKRE	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.01	—
Sortino ratio: Return per unit of downside risk	—	-1.55	—
Omega ratio: Gain probability vs. loss probability	—	0.82	—
Calmar ratio: Return relative to maximum drawdown	—	-0.90	—
Martin ratio: Return relative to average drawdown	—	-1.61	—

Drawdowns

BEZ vs. SKRE - Drawdown Comparison

The maximum BEZ drawdown since its inception was -96.31%, which is greater than SKRE's maximum drawdown of -79.33%. Use the drawdown chart below to compare losses from any high point for BEZ and SKRE.

Drawdown Indicators

	BEZ	SKRE	Difference
Max Drawdown Largest peak-to-trough decline	-96.31%	-79.33%	-16.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-51.44%	—
Current Drawdown Current decline from peak	-92.46%	-79.33%	-13.13%
Average Drawdown Average peak-to-trough decline	-68.64%	-48.53%	-20.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.81%	—

Volatility

Volatility by Period

	BEZ	SKRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	229.77%	46.09%	+183.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	229.77%	55.12%	+174.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	229.77%	55.12%	+174.65%

BEZ vs. SKRE - Expense Ratio Comparison

BEZ has a 1.49% expense ratio, which is higher than SKRE's 0.75% expense ratio.

Dividends

BEZ vs. SKRE - Dividend Comparison

BEZ has not paid dividends to shareholders, while SKRE's dividend yield for the trailing twelve months is around 0.40%.

Position	TTM	2025	2024
BEZ Tradr 2X Short BE Daily ETF	0.00%	0.00%	0.00%
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	0.40%	0.26%	3.16%

Frequently Asked Questions

Can I hold both BEZ and SKRE in my portfolio?

BEZ and SKRE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEZ or SKRE?

On fees, SKRE is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEZ or SKRE?

SKRE is cheaper with a 0.75% expense ratio, compared with 1.49% for BEZ.

Which ETF pays a higher dividend yield, BEZ or SKRE?

SKRE has the higher dividend yield at 0.40%, compared with 0.00% for BEZ.

What is the main difference between BEZ and SKRE?

BEZ tracks Bloom Energy Corporation (BE), while SKRE tracks S&P Regional Banks Select Industry. They also come from different issuers: Tradr and Tuttle. Their fees differ too: 1.49% for BEZ and 0.75% for SKRE.