FOTO vs. SKRE
FOTO (Tuttle Capital Pure Play Photonics ETF) and SKRE (Tuttle Capital Daily 2X Inverse Regional Banks ETF) are both exchange-traded funds - FOTO is a Technology Equities fund actively managed by Tuttle, while SKRE is a Inverse Equities fund tracking the S&P Regional Banks Select Industry. FOTO is actively managed, while SKRE is passively managed. At a correlation of -0.10, they often move in opposite directions. Both charge a 0.75% expense ratio.
Performance
FOTO vs. SKRE - Performance Comparison
Loading charts...
Returns By Period
FOTO
- 1D
- 3.57%
- 1M
- -13.36%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SKRE
- 1D
- 0.17%
- 1M
- -5.94%
- 6M
- -28.23%
- YTD
- -31.36%
- 1Y
- -39.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FOTO vs. SKRE - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FOTO Tuttle Capital Pure Play Photonics ETF | -15.47% |
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF | -16.15% |
Correlation
The correlation between FOTO and SKRE is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 29, 2026 | -0.10 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FOTO vs. SKRE — Risk / Return Rank
FOTO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SKRE
FOTO vs. SKRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Pure Play Photonics ETF (FOTO) 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.
| FOTO | SKRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.86 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.80 | — |
| Martin ratioReturn relative to average drawdown | — | -1.37 | — |
Loading charts...
Drawdowns
FOTO vs. SKRE - Drawdown Comparison
The maximum FOTO drawdown since its inception was -28.53%, smaller than the maximum SKRE drawdown of -78.32%. Use the drawdown chart below to compare losses from any high point for FOTO and SKRE.
Loading charts...
Drawdown Indicators
| FOTO | SKRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.53% | -78.32% | +49.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -49.07% | — |
Current DrawdownCurrent decline from peak | -22.92% | -77.74% | +54.82% |
Average DrawdownAverage peak-to-trough decline | -14.79% | -48.43% | +33.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 28.47% | — |
Volatility
FOTO vs. SKRE - Volatility Comparison
Loading charts...
Volatility by Period
| FOTO | SKRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.41% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 32.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 77.14% | 46.43% | +30.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.14% | 55.10% | +22.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.14% | 55.10% | +22.04% |
FOTO vs. SKRE - Expense Ratio Comparison
Both FOTO and SKRE have an expense ratio of 0.75%.
Dividends
FOTO vs. SKRE - Dividend Comparison
FOTO has not paid dividends to shareholders, while SKRE's dividend yield for the trailing twelve months is around 0.37%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FOTO Tuttle Capital Pure Play Photonics ETF | 0.00% | 0.00% | 0.00% |
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.37% | 0.26% | 3.16% |
Frequently Asked Questions
FOTO and SKRE have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FOTO and SKRE have the same expense ratio: 0.75% per year.
SKRE has the higher dividend yield at 0.37%, compared with 0.00% for FOTO.
FOTO is categorized as Technology Equities, while SKRE is Inverse Equities.
Find the right allocation for FOTO and SKRE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer