Tuttle Capital Daily 2X Inverse Regional Banks ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 2 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About SKRE
TheFund, under normal circumstances, invests in swap agreements that provide 200% inverse (opposite) daily exposure to the KRE ETFequal to at least 80% of the Fund’s net assets (plus any borrowings for investment purposes). The Fund seeks daily leveragedinverse investment results and is very different from most other exchange-traded funds and presents different and greater risks.As a result, the Fund will be riskier than alternatives that do not use leverage because the Fund’s objective is to inverselymagnify (-200%) the daily performance of the KRE ETF. TheFund will enter into one or more swap agreements that provide inverse (opposite) or short daily exposure with respect to the KREETF with major global financial institutions for a specified period ranging from a day to more than one year whereby the Fundand the global financial institution will agree to exchange the return (or differentials in rates of return) earned or realizedon the KRE ETF that is equal on a daily basis, to -200% of the value of the Fund’s net assets. The gross return to be exchangedor “swapped” between the parties is calculated with respect to a “notional amount,” e.g., the return onor change in value of a particular dollar amount representing the KRE ETF. The Adviser attempts to consistently apply leverageto increase the Fund’s exposure to -200% of the KRE ETF by entering into total return swaps that provide a -200% returnon the KRE ETF, and expects to rebalance the Fund’s holdings daily to maintain such exposure. Additionally,the Fund may invest between 40-80% of the Fund’s portfolio depending on the amount of collateral required by the Fund’scounterparties in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money marketfunds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecuredpromissory notes issued by businesses that are rated investment grade or of comparable quality (“Collateral Investments”). Theterms “daily,” “day,” and “trading day,” refer to the period from the close of the marketson one trading day to the close of the markets on the next trading day. The Fund is “non-diversified,” under the InvestmentCompany Act of 1940, as amended (“1940 Act”). Additionally, the Fund’s investment objective is not a fundamentalpolicy and may be changed by the Fund’s Board of Trustees without shareholder approval. Thisdocument relates only to the securities offered hereby and does not relate to the underlying stock or other securities of theKRE ETF. The Fund has derived all disclosures contained in this document regarding the KRE ETF from the publicly available documents.In connection with the offering of the securities, neither the Fund, the Trust nor the Advisor has participated in the preparationof such documents. Neither the Fund, the Trust nor the Advisor makes any representation that such publicly available documentsor any other publicly available information regarding the KRE ETF is accurate or complete. Furthermore, the Fund cannot give anyassurance that all events occurring prior to the date hereof (including events that would affect the accuracy or completenessof the publicly available documents described above) that would affect the trading price of the KRE ETF (and therefore the pricesof the KRE ETF at the time we price the securities) have been publicly disclosed. Subsequent disclosure of any such events orthe disclosure of or failure to disclose material future events concerning the KRE ETF could affect the value received with respectto the securities and therefore the value of the securities. Information provided to or filed with the SEC by the KRE ETF pursuantto the 1940 Act, including the financial statements in its shareholder reports on Form N-CSR can be located by reference to theSEC file number 811-08839 through the SEC’s EDGAR website at www.sec.gov. TheKRE ETF pursues the following investment strategies: Inseeking to track the performance of the S&P Regional Banks Select Industry Index (the “Index”), the KRE ETF employsa sampling strategy, which means that the KRE ETF is not required to purchase all of the securities represented in the Index.Instead, the KRE ETF may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities withgenerally the same risk and return characteristics of the Index. The quantity of holdings in the KRE ETF will be based on a numberof factors, including asset size of the KRE ETF. Based on its analysis of these factors, SSGA Funds Management, Inc. (“SSGAFM”), the investment adviser to the KRE ETF, either may invest the KRE ETF ‘s assets in a subset of securities inthe Index or may invest the KRE ETF ‘s assets in substantially all of the securities represented in the Index in approximatelythe same proportions as the Index, as determined by SSGA FM to be in the best interest of the KRE ETF in pursuing its objective. Undernormal market conditions, the KRE ETF generally invests substantially all, but at least 80%, of its total assets in the securitiescomprising the Index. In addition, in seeking to track the Index, the KRE ETF may invest in equity securities that are not includedin the Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (includingmoney market funds advised by SSGA FM). In seeking to track the Index, the KRE ETF ‘s assets may be concentrated in an industryor group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries. Futurescontracts (a type of derivative instrument) may be used by the KRE ETF in seeking performance that corresponds to the Index andin managing cash flows. TheIndex represents the regional banks segment of the S&P Total Market Index (“S&P TMI”). The S&P TMI isdesigned to track the broad U.S. equity market. The regional banks segment of the S&P TMI comprises the Regional Banks sub-industry.The Index is one of twenty-one (21) of the S&P Select Industry Indices (the “Select Industry Indices”), each designedto measure the performance of a narrow sub-industry or group of sub-industries determined based on the Global Industry ClassificationStandard (“GICS”). Membership in the Select Industry Indices is based on the GICS classification, as well as liquidityand market cap requirements. Companies in the Select Industry Indices are classified according to GICS which determines classificationsprimarily based on revenues; however, earnings and market perception are also considered. The Index consists of the S&P TMIconstituents belonging to the Regional Banks sub-industry that satisfy the following criteria: (i) have a float-adjusted marketcapitalization greater than or equal to $500 million with a float-adjusted liquidity ratio (defined by dollar value traded overthe previous 12 months divided by the float-adjusted market capitalization as of the index rebalancing reference date) greaterthan or equal to 90% or have a float-adjusted market capitalization greater than or equal to $400 million with a float-adjustedliquidity ratio (as defined above) greater than or equal to 150%; and (ii) are U.S. based companies. To evaluate liquidity, thedollar value traded for initial public offerings or spin-offs that do not have 12 months of trading history is annualized. Themarket capitalization threshold may be relaxed to ensure that there are at least 22 stocks in the Index as of the rebalancingeffective date. Existing Index constituents are removed at the quarterly rebalancing effective date if either their float-adjustedmarket capitalization falls below $300 million or their float-adjusted liquidity ratio falls below 50%. The market capitalizationthreshold and the liquidity threshold are each reviewed from time to time based on market conditions. The Index rebalances andreconstitutes quarterly on the third Friday of the quarter ending month. The reference date for additions and deletions is afterthe close of the last trading date of the previous month. The S&P TMI tracks all eligible U.S. common equities listed on theNYSE, NYSE Arca, NYSE American, NASDAQ Global Select Market, NASDAQ Global Market, NASDAQ Capital Market, Cboe BZX, Cboe BYX,Cboe EDGA, or Cboe EDGX exchanges. The Index is modified equal weighted. TheIndex is sponsored by S&P Dow Jones Indices LLC (the “Index Provider”), which is not affiliated with the Fund,the Adviser, the KRE ETF or SSGA FM. The Index Provider determines the composition of the Index, relative weightings of the securitiesin the Index and publishes information regarding the market value of the Index. Neitherthe Fund nor any of its affiliates makes any representation to you as to the performance of the KRE ETF.
SKRE News
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- Behavioral Patterns of SKRE and Institutional Flows
- (SKRE) Movement Within Algorithmic Entry Frameworks
- How (SKRE) Movements Inform Risk Allocation Models
- How (SKRE) Movements Inform Risk Allocation Models
- Trading Systems Reacting to (SKRE) Volatility
- How Tuttle Capital Daily 2x Inverse Regional Banks Etf (SKRE) Affects Rotational Strategy Timing
Data for SKRE is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.