SKRE vs. SCHX
SKRE (Tuttle Capital Daily 2X Inverse Regional Banks ETF) and SCHX (Schwab U.S. Large-Cap ETF) are both exchange-traded funds - SKRE is a Inverse Equities fund tracking the S&P Regional Banks Select Industry, while SCHX is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Large-Cap Total Stock Market Index. Both are passively managed. Over the past year, SKRE returned -49.41% vs 20.88% for SCHX. Their -0.49 correlation means they have often moved in opposite directions in the past. SKRE charges 0.75%/yr vs 0.03%/yr for SCHX.
Performance
SKRE vs. SCHX - Performance Comparison
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Returns By Period
In the year-to-date period, SKRE achieves a -33.64% return, which is significantly lower than SCHX's 10.00% return.
SKRE
- 1D
- -0.47%
- 1M
- -3.55%
- 6M
- -24.32%
- YTD
- -33.64%
- 1Y
- -49.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -41.39%
SCHX
- 1D
- 0.65%
- 1M
- 0.14%
- 6M
- 8.67%
- YTD
- 10.00%
- 1Y
- 20.88%
- 3Y*
- 19.25%
- 5Y*
- 12.20%
- 10Y*
- 15.00%
- ALL TIME*
- 14.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $249.37M | $278.95M | $371.79M | |
| $138.55K | $152.58K | $246.42K |
SKRE vs. SCHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF | -33.64% | -31.29% | -44.47% |
SCHX Schwab U.S. Large-Cap ETF | 10.00% | 17.46% | 26.75% |
Correlation
The correlation between SKRE and SCHX is -0.43, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2024 | -0.49 |
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Return for Risk
SKRE vs. SCHX — Risk / Return Rank
SKRE
SCHX
SKRE vs. SCHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) and Schwab U.S. Large-Cap ETF (SCHX). 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.
| SKRE | SCHX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.50 | ||
| Sortino ratioReturn per unit of downside risk | -3.65 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.26 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 2.10 | -3.03 |
| Martin ratioReturn relative to average drawdown | -1.55 | 8.86 | -10.41 |
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Drawdowns
SKRE vs. SCHX - Drawdown Comparison
The maximum SKRE drawdown since its inception was -79.33%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for SKRE and SCHX.
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Drawdown Indicators
| SKRE | SCHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.33% | -34.33% | -45.00% |
Max Drawdown (1Y)Largest decline over 1 year | -51.44% | -9.02% | -42.42% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.04% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.33% | — |
Current DrawdownCurrent decline from peak | -78.48% | -1.34% | -77.14% |
Average DrawdownAverage peak-to-trough decline | -49.04% | -3.95% | -45.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.59% | 2.14% | +28.45% |
Volatility
SKRE vs. SCHX - Volatility Comparison
Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) has a higher volatility of 11.05% compared to Schwab U.S. Large-Cap ETF (SCHX) at 3.39%. This indicates that SKRE's price experiences larger fluctuations and is considered to be riskier than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SKRE | SCHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.05% | 3.39% | +7.66% |
Volatility (6M)Calculated over the trailing 6-month period | 30.36% | 10.11% | +20.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.00% | 12.93% | +33.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.78% | 17.23% | +37.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.78% | 18.15% | +36.63% |
SKRE vs. SCHX - Expense Ratio Comparison
SKRE has a 0.75% expense ratio, which is higher than SCHX's 0.03% expense ratio.
Dividends
SKRE vs. SCHX - Dividend Comparison
SKRE's dividend yield for the trailing twelve months is around 0.39%, less than SCHX's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHX Schwab U.S. Large-Cap ETF | 1.03% | 1.09% | 1.22% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.02% | 1.70% | 1.92% | 2.04% |
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.39% | 0.26% | 3.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SKRE and SCHX have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SKRE has higher volatility (11.05%) compared to SCHX (3.39%). In terms of maximum drawdown, SKRE dropped -79.33% vs SCHX's -34.33%.
On 1-year performance, SCHX leads with 20.88% vs -49.41% for SKRE. On fees, SCHX is cheaper at 0.03% per year. On volatility, SCHX has been the lower-risk option at 3.39%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SCHX has performed better with a 20.88% return vs -49.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHX is cheaper with a 0.03% expense ratio, compared with 0.75% for SKRE.
SCHX has the higher dividend yield at 1.03%, compared with 0.39% for SKRE.
SKRE is categorized as Inverse Equities, while SCHX is Large Cap Blend Equities. SKRE tracks S&P Regional Banks Select Industry, while SCHX tracks Dow Jones U.S. Large-Cap Total Stock Market Index. They also come from different issuers: Tuttle and Charles Schwab. Their fees differ too: 0.75% for SKRE and 0.03% for SCHX.
SCHX currently has the higher Sharpe Ratio (1.47 vs -1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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