SPCI vs. SKRE

Last updated Jul 12, 2026

SPCI (Tuttle Capital Space Industry Income Blast ETF) and SKRE (Tuttle Capital Daily 2X Inverse Regional Banks ETF) are both exchange-traded funds - SPCI is a Derivative Income fund tracking the Syntax Space Industry Index, while SKRE is a Inverse Equities fund tracking the S&P Regional Banks Select Industry. Both are passively managed. At a correlation of -0.08, they often move in opposite directions. SPCI charges 0.99%/yr vs 0.75%/yr for SKRE.

Performance

SPCI vs. SKRE - Performance Comparison

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

Returns By Period

SPCI

• 1D: -5.52%
• 1M: -29.94%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SKRE

• 1D: -1.34%
• 1M: -8.78%
• 6M: -25.76%
• YTD: -31.58%
• 1Y: -40.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPCI vs. SKRE - Yearly Performance Comparison

	2026 (YTD)
SPCI Tuttle Capital Space Industry Income Blast ETF	11.29%
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	-31.10%

Correlation

The correlation between SPCI and SKRE is -0.08, 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	-0.08

Return for Risk

SPCI vs. SKRE — Risk / Return Rank

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

SPCI

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

SKRE

SKRE Risk / Return Rank: 2
SKRE Sharpe Ratio Rank: 2
SKRE Sortino Ratio Rank: 3
SKRE Omega Ratio Rank: 3
SKRE Calmar Ratio Rank: 2
SKRE Martin Ratio Rank: 1

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.

SPCI vs. SKRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Space Industry Income Blast ETF (SPCI) 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.

	SPCI	SKRE	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.85	—
Sortino ratio: Return per unit of downside risk	—	-1.20	—
Omega ratio: Gain probability vs. loss probability	—	0.86	—
Calmar ratio: Return relative to maximum drawdown	—	-0.81	—
Martin ratio: Return relative to average drawdown	—	-1.41	—

Drawdowns

SPCI vs. SKRE - Drawdown Comparison

The maximum SPCI drawdown since its inception was -48.69%, smaller than the maximum SKRE drawdown of -78.32%. Use the drawdown chart below to compare losses from any high point for SPCI and SKRE.

Drawdown Indicators

	SPCI	SKRE	Difference
Max Drawdown Largest peak-to-trough decline	-48.69%	-78.32%	+29.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.07%	—
Current Drawdown Current decline from peak	-48.69%	-77.81%	+29.12%
Average Drawdown Average peak-to-trough decline	-14.92%	-48.34%	+33.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.15%	—

Volatility

Volatility by Period

	SPCI	SKRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	98.01%	46.49%	+51.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	98.01%	55.19%	+42.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	98.01%	55.19%	+42.82%

SPCI vs. SKRE - Expense Ratio Comparison

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

Dividends

SPCI vs. SKRE - Dividend Comparison

SPCI's dividend yield for the trailing twelve months is around 15.43%, more than SKRE's 0.37% yield.

Position	TTM	2025	2024
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF	0.37%	0.26%	3.16%
SPCI Tuttle Capital Space Industry Income Blast ETF	15.43%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPCI and SKRE in my portfolio?

SPCI and SKRE have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPCI 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, SPCI or SKRE?

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

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

SPCI has the higher dividend yield at 15.43%, compared with 0.37% for SKRE.

What is the main difference between SPCI and SKRE?

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