WEPN vs SKRE

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

WEPN vs SKRE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

WEPN

$7.20M

SKRE

$7.20M

Expense Ratio

WEPN

1.11%

SKRE

N/A

Max Drawdown

Winner

WEPN

15.92%

SKRE

77.12%

Sharpe Ratio

Winner

WEPN

-0.68

SKRE

-1.21

5Y Beta

WEPN

1.68

Winner

SKRE

-2.07

P/E Ratio

WEPN

107.71

SKRE

N/A

Forward P/E

WEPN

22.45

SKRE

N/A

Debt to Equity

WEPN

47.41%

SKRE

N/A

P/S Ratio

WEPN

3.89

SKRE

N/A

P/B Ratio

WEPN

4.29

SKRE

N/A

WEPN vs SKRE - Historical Returns

Returns include dividend reinvestment.

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

Winner

WEPN

-0.51%

SKRE

-14.41%

Winner

WEPN

-5.19%

SKRE

-27.72%

WEPN

N/A

SKRE

-22.87%

WEPN

N/A

SKRE

-47.70%

Max(CAGR)

Winner

WEPN

-21.78%

SKRE

-40.84%

WEPN vs SKRE - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

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

WEPN vs SKRE Drawdown Comparison

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

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

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

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

Correlation

Correlation between WEPN and SKRE 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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