SKRE vs. SPCI

Last updated Jul 18, 2026

SKRE (Tuttle Capital Daily 2X Inverse Regional Banks ETF) and SPCI (Tuttle Capital Space Industry Income Blast ETF) are both exchange-traded funds - SKRE is a Inverse Equities fund tracking the S&P Regional Banks Select Industry, while SPCI is a Derivative Income fund tracking the Syntax Space Industry Index. Both are passively managed. At a correlation of -0.04, they often move in opposite directions. SKRE charges 0.75%/yr vs 0.99%/yr for SPCI.

Performance

SKRE vs. SPCI - Performance Comparison

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

Returns By Period

SKRE

• 1D: 2.65%
• 1M: -15.73%
• 6M: -28.11%
• YTD: -34.60%
• 1Y: -42.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPCI

• 1D: -0.33%
• 1M: -29.99%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SKRE vs. SPCI - Yearly Performance Comparison

	2026 (YTD)
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	-34.14%
SPCI Tuttle Capital Space Industry Income Blast ETF	-4.09%

Correlation

The correlation between SKRE and SPCI is -0.04, 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 Mar 12, 2026	-0.04

Return for Risk

SKRE vs. SPCI — Risk / Return Rank

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

SKRE

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

SPCI

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

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.

SKRE vs. SPCI - 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 Tuttle Capital Space Industry Income Blast ETF (SPCI). 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	SPCI	Difference
Sharpe ratio: Return per unit of total volatility	-0.93	—	—
Sortino ratio: Return per unit of downside risk	-1.36	—	—
Omega ratio: Gain probability vs. loss probability	0.84	—	—
Calmar ratio: Return relative to maximum drawdown	-0.83	—	—
Martin ratio: Return relative to average drawdown	-1.47	—	—

Drawdowns

SKRE vs. SPCI - Drawdown Comparison

The maximum SKRE drawdown since its inception was -79.33%, which is greater than SPCI's maximum drawdown of -55.79%. Use the drawdown chart below to compare losses from any high point for SKRE and SPCI.

Drawdown Indicators

	SKRE	SPCI	Difference
Max Drawdown Largest peak-to-trough decline	-79.33%	-55.79%	-23.54%
Max Drawdown (1Y) Largest decline over 1 year	-51.44%	—	—
Current Drawdown Current decline from peak	-78.79%	-55.79%	-23.00%
Average Drawdown Average peak-to-trough decline	-48.58%	-17.03%	-31.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.98%	—	—

Volatility

Volatility by Period

	SKRE	SPCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.15%	97.32%	-51.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.11%	97.32%	-42.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.11%	97.32%	-42.21%

SKRE vs. SPCI - Expense Ratio Comparison

SKRE has a 0.75% expense ratio, which is lower than SPCI's 0.99% expense ratio.

Dividends

SKRE vs. SPCI - Dividend Comparison

SKRE's dividend yield for the trailing twelve months is around 0.39%, less than SPCI's 18.72% yield.

Position	TTM	2025	2024
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	0.39%	0.26%	3.16%
SPCI Tuttle Capital Space Industry Income Blast ETF	18.72%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SKRE and SPCI in my portfolio?

SKRE and SPCI have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SKRE or SPCI?

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, SKRE or SPCI?

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

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

SPCI has the higher dividend yield at 18.72%, compared with 0.39% for SKRE.

What is the main difference between SKRE and SPCI?

SKRE is categorized as Inverse Equities, while SPCI is Derivative Income. SKRE tracks S&P Regional Banks Select Industry, while SPCI tracks Syntax Space Industry Index. Their fees differ too: 0.75% for SKRE and 0.99% for SPCI.