MEMY vs. SKRE

Last updated Jul 15, 2026

MEMY (Tuttle Capital Meme Stock Income Blast ETF) and SKRE (Tuttle Capital Daily 2X Inverse Regional Banks ETF) are both exchange-traded funds - MEMY is a Derivative Income fund actively managed by Tuttle, while SKRE is a Inverse Equities fund tracking the S&P Regional Banks Select Industry. MEMY is actively managed, while SKRE is passively managed. At a correlation of -0.15, they often move in opposite directions. MEMY charges 0.99%/yr vs 0.75%/yr for SKRE.

Performance

MEMY vs. SKRE - Performance Comparison

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

Returns By Period

MEMY

• 1D: 0.35%
• 1M: -11.54%
• 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*: —

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

MEMY vs. SKRE - Yearly Performance Comparison

	2026 (YTD)
MEMY Tuttle Capital Meme Stock Income Blast ETF	-15.06%
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	-24.55%

Correlation

The correlation between MEMY and SKRE is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 20, 2026	-0.15

Return for Risk

MEMY vs. SKRE — Risk / Return Rank

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

MEMY

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

SKRE

SKRE Risk / Return Rank: 3
SKRE Sharpe Ratio Rank: 3
SKRE Sortino Ratio Rank: 3
SKRE Omega Ratio Rank: 3
SKRE Calmar Ratio Rank: 3
SKRE Martin Ratio Rank: 2

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.

MEMY vs. SKRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Meme Stock Income Blast ETF (MEMY) 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.

	MEMY	SKRE	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.85	—
Sortino ratio: Return per unit of downside risk	—	-1.18	—
Omega ratio: Gain probability vs. loss probability	—	0.86	—
Calmar ratio: Return relative to maximum drawdown	—	-0.80	—
Martin ratio: Return relative to average drawdown	—	-1.37	—

Drawdowns

MEMY vs. SKRE - Drawdown Comparison

The maximum MEMY drawdown since its inception was -27.45%, smaller than the maximum SKRE drawdown of -78.32%. Use the drawdown chart below to compare losses from any high point for MEMY and SKRE.

Drawdown Indicators

	MEMY	SKRE	Difference
Max Drawdown Largest peak-to-trough decline	-27.45%	-78.32%	+50.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.07%	—
Current Drawdown Current decline from peak	-23.65%	-77.74%	+54.09%
Average Drawdown Average peak-to-trough decline	-13.96%	-48.43%	+34.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.47%	—

Volatility

Volatility by Period

	MEMY	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	54.43%	46.43%	+8.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.43%	55.10%	-0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.43%	55.10%	-0.67%

MEMY vs. SKRE - Expense Ratio Comparison

MEMY has a 0.99% expense ratio, which is higher than SKRE's 0.75% expense ratio.

Dividends

MEMY vs. SKRE - Dividend Comparison

MEMY's dividend yield for the trailing twelve months is around 8.91%, more than SKRE's 0.37% yield.

Position	TTM	2025	2024
MEMY Tuttle Capital Meme Stock Income Blast ETF	8.91%	0.00%	0.00%
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	0.37%	0.26%	3.16%

Frequently Asked Questions

Can I hold both MEMY and SKRE in my portfolio?

MEMY and SKRE have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MEMY 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, MEMY or SKRE?

SKRE is cheaper with a 0.75% expense ratio, compared with 0.99% for MEMY.

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

MEMY has the higher dividend yield at 8.91%, compared with 0.37% for SKRE.

What is the main difference between MEMY and SKRE?

MEMY is categorized as Derivative Income, while SKRE is Inverse Equities. Their fees differ too: 0.99% for MEMY and 0.75% for SKRE.