SKRE vs. WZRD

Last updated Aug 4, 2026

SKRE (Tuttle Capital Daily 2X Inverse Regional Banks ETF) and WZRD (Opportunistic Trader ETF) are both exchange-traded funds - SKRE is a Inverse Equities fund tracking the S&P Regional Banks Select Industry, while WZRD is a Large Cap Blend Equities fund actively managed by Tuttle. SKRE is passively managed, while WZRD is actively managed. Over the past year, SKRE returned -50.55% vs -95.99% for WZRD. Their -0.13 correlation means they have often moved in opposite directions in the past. SKRE charges 0.75%/yr vs 1.07%/yr for WZRD.

Performance

SKRE vs. WZRD - 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 Opportunistic Trader ETF (WZRD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SKRE achieves a -35.15% return, which is significantly higher than WZRD's -95.23% return.

SKRE

• 1D: -2.27%
• 1M: -5.74%
• 6M: -23.25%
• YTD: -35.15%
• 1Y: -50.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -41.81%

WZRD

• 1D: 9.38%
• 1M: -63.54%
• 6M: -94.02%
• YTD: -95.23%
• 1Y: -95.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -94.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	$121.93K	$143.27K	$245.32K
WZRD Opportunistic Trader ETF	$29.29K	$34.01K	$31.50K

SKRE vs. WZRD - Yearly Performance Comparison

	2026 (YTD)	2025
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	-35.15%	-25.34%
WZRD Opportunistic Trader ETF	-95.23%	-18.13%

Correlation

The correlation between SKRE and WZRD is -0.14, 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.	-0.14
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025	-0.13

Return for Risk

SKRE vs. WZRD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SKRE

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

WZRD

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SKRE vs. WZRD - 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 Opportunistic Trader ETF (WZRD). 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	WZRD	Difference
Sharpe ratio: Return per unit of total volatility	-1.11	-0.99	-0.12
Sortino ratio: Return per unit of downside risk	-1.79	-3.13	+1.34
Omega ratio: Gain probability vs. loss probability	0.80	0.56	+0.24
Calmar ratio: Return relative to maximum drawdown	-0.99	-1.00	+0.01
Martin ratio: Return relative to average drawdown	-1.65	-2.06	+0.42

SKRE vs. WZRD - Sharpe Ratio Comparison

The current SKRE Sharpe Ratio is -1.11, which is comparable to the WZRD Sharpe Ratio of -0.99. The chart below compares the historical Sharpe Ratios of SKRE and WZRD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SKRE vs. WZRD - Drawdown Comparison

The maximum SKRE drawdown since its inception was -79.33%, smaller than the maximum WZRD drawdown of -96.46%. Use the drawdown chart below to compare losses from any high point for SKRE and WZRD.

Drawdown Indicators

	SKRE	WZRD	Difference
Max Drawdown Largest peak-to-trough decline	-79.33%	-96.46%	+17.13%
Max Drawdown (1Y) Largest decline over 1 year	-51.44%	-96.46%	+45.02%
Current Drawdown Current decline from peak	-78.96%	-96.13%	+17.17%
Average Drawdown Average peak-to-trough decline	-49.09%	-33.36%	-15.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.75%	46.45%	-15.70%

Volatility

SKRE vs. WZRD - Volatility Comparison

The current volatility for Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) is 10.82%, while Opportunistic Trader ETF (WZRD) has a volatility of 71.61%. This indicates that SKRE experiences smaller price fluctuations and is considered to be less risky than WZRD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SKRE	WZRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.82%	71.61%	-60.79%
Volatility (6M) Calculated over the trailing 6-month period	30.42%	99.58%	-69.16%
Volatility (1Y) Calculated over the trailing 1-year period	45.86%	97.42%	-51.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.75%	93.05%	-38.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.75%	93.05%	-38.30%

SKRE vs. WZRD - Expense Ratio Comparison

SKRE has a 0.75% expense ratio, which is lower than WZRD's 1.07% expense ratio.

Dividends

SKRE vs. WZRD - Dividend Comparison

SKRE's dividend yield for the trailing twelve months is around 0.39%, less than WZRD's 27.01% yield.

Position	TTM	2025	2024
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	0.39%	0.26%	3.16%
WZRD Opportunistic Trader ETF	27.01%	1.29%	0.00%

Frequently Asked Questions

Can I hold both SKRE and WZRD in my portfolio?

SKRE and WZRD 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 is riskier, SKRE or WZRD?

WZRD has higher volatility (71.61%) compared to SKRE (10.82%). In terms of maximum drawdown, SKRE dropped -79.33% vs WZRD's -96.46%.

Which ETF is better, SKRE or WZRD?

On 1-year performance, SKRE leads with -50.55% vs -95.99% for WZRD. On fees, SKRE is cheaper at 0.75% per year. On volatility, SKRE has been the lower-risk option at 10.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SKRE or WZRD?

Over the 1-year period, SKRE has performed better with a -50.55% return vs -95.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SKRE or WZRD?

SKRE is cheaper with a 0.75% expense ratio, compared with 1.07% for WZRD.

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

WZRD has the higher dividend yield at 27.01%, compared with 0.39% for SKRE.

What is the main difference between SKRE and WZRD?

SKRE is categorized as Inverse Equities, while WZRD is Large Cap Blend Equities. Their fees differ too: 0.75% for SKRE and 1.07% for WZRD.

Which has better risk-adjusted returns?

WZRD currently has the higher Sharpe Ratio (-0.99 vs -1.11), 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.