SKRE vs WEPN

Comparison between TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF (SKRE, ETF) and NICHOLAS DEFENSE AND RARE EARTH INCOME ETF (WEPN, ETF).

SKRE vs WEPN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SKRE(ETF)	WEPN(ETF)
Net Assets	$7.20M	$7.20M
Expense Ratio	N/A	1.11%
Max Drawdown	77.12%	15.92%
Sharpe Ratio	-1.21	-0.68
5Y Beta	-2.07	1.68
P/E Ratio	N/A	107.71
Forward P/E	N/A	22.45
Debt to Equity	N/A	47.41%
P/S Ratio	N/A	3.89
P/B Ratio	N/A	4.29

Net Assets

SKRE

$7.20M

WEPN

$7.20M

Expense Ratio

SKRE

N/A

WEPN

1.11%

Max Drawdown

SKRE

77.12%

Winner

WEPN

15.92%

Sharpe Ratio

SKRE

-1.21

Winner

WEPN

-0.68

5Y Beta

Winner

SKRE

-2.07

WEPN

1.68

P/E Ratio

SKRE

N/A

WEPN

107.71

Forward P/E

SKRE

N/A

WEPN

22.45

Debt to Equity

SKRE

N/A

WEPN

47.41%

P/S Ratio

SKRE

N/A

WEPN

3.89

P/B Ratio

SKRE

N/A

WEPN

4.29

SKRE vs WEPN - Historical Returns

Returns include dividend reinvestment.

Period	SKRE	WEPN
1 month	-14.41%	-0.51%
3 months	-27.72%	-5.19%
6 months	-22.87%	N/A
1 year	-47.70%	N/A
Max(CAGR)	-40.84%	-21.78%

SKRE

-14.41%

Winner

WEPN

-0.51%

SKRE

-27.72%

Winner

WEPN

-5.19%

SKRE

-22.87%

WEPN

N/A

SKRE

-47.70%

WEPN

N/A

Max(CAGR)

SKRE

-40.84%

Winner

WEPN

-21.78%

SKRE vs WEPN - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	SKRE	WEPN
2026	-26.21%	-6.57%
2025	-33.20%	N/A
2024	-44.49%	N/A

SKRE vs WEPN Drawdown Comparison

The maximum drawdown for SKRE was -76.32%, occurring on Jun 12, 2026. This drawdown has not yet recovered.

The maximum drawdown for WEPN was -15.13%, occurring on Mar 30, 2026. Recovery took 61 trading sessions.

The current SKRE drawdown is -76.32%. The current WEPN drawdown is -8.59%.

Rank	SKRE	WEPN
#1	-76.32% Feb 7, 2024 - Jun 12, 2026	-15.13% Mar 4, 2026 - Jun 1, 2026
#2	-13.43% Jan 17, 2024 - Feb 1, 2024	-12.72% Jun 1, 2026 - Jun 10, 2026
#3	-4.06% Jan 4, 2024 - Jan 11, 2024	N/A
#4	-1.19% Feb 1, 2024 - Feb 5, 2024	N/A

Correlation

Correlation between SKRE and WEPN is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

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