SKRE vs CBTL

Comparison between TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF (SKRE, ETF) and Calamos Laddered Bitcoin 80 Series Structured Alt Protection ETF (CBTL, ETF).

SKRE vs CBTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SKRE(ETF)	CBTL(ETF)
Net Assets	$5.20M	$5.20M
Expense Ratio	N/A	0.79%
Max Drawdown	80.02%	30.37%
Sharpe Ratio	-1.01	-2.01
5Y Beta	-2.04	0.75

Net Assets

SKRE

$5.20M

CBTL

$5.20M

Expense Ratio

SKRE

N/A

CBTL

0.79%

Max Drawdown

SKRE

80.02%

Winner

CBTL

30.37%

Sharpe Ratio

Winner

SKRE

-1.01

CBTL

-2.01

5Y Beta

Winner

SKRE

-2.04

CBTL

0.75

SKRE vs CBTL - Historical Returns

Returns include dividend reinvestment.

Period	SKRE	CBTL
1 month	-10.79%	+1.19%
3 months	-18.87%	-3.29%
6 months	-21.23%	-15.34%
1 year	-41.60%	N/A
Max(CAGR)	-41.60%	-32.96%

SKRE

-10.79%

Winner

CBTL

+1.19%

SKRE

-18.87%

Winner

CBTL

-3.29%

SKRE

-21.23%

Winner

CBTL

-15.34%

SKRE

-41.60%

CBTL

N/A

Max(CAGR)

SKRE

-41.60%

Winner

CBTL

-32.96%

SKRE vs CBTL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	SKRE	CBTL
2026	-32.48%	-15.33%
2025	-33.20%	-14.41%
2024	-44.49%	N/A

SKRE vs CBTL Drawdown Comparison

The maximum drawdown for SKRE was -79.32%, occurring on Jul 16, 2026. This drawdown has not yet recovered.

The maximum drawdown for CBTL was -29.69%, occurring on Jun 30, 2026. This drawdown has not yet recovered.

The current SKRE drawdown is -78.33%. The current CBTL drawdown is -27.17%.

Rank	SKRE	CBTL
#1	-79.32% Feb 7, 2024 - Jul 16, 2026	-29.69% Oct 27, 2025 - Jun 30, 2026
#2	-13.43% Jan 17, 2024 - Feb 1, 2024	-3.27% Oct 14, 2025 - Oct 27, 2025
#3	-4.06% Jan 4, 2024 - Jan 11, 2024	N/A
#4	-1.19% Feb 1, 2024 - Feb 5, 2024	N/A