# AMAU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, AMAU missed two times AMAT's daily return by 22.9 basis points a day on average, on its closing price.

Data as of Nov 4, 2026. Rebuilt every trading night.

As of Nov 4, 2026 . Rebuilt every trading night.

## AMAU daily tracking

Over the 90 days to Nov 4, 2026, AMAU missed two times AMAT's daily return by 22.9 basis points a day on average, on its closing price.

| Window | Read on | Average daily miss, bp | Signed average, bp | Tracking error | Up days, bp | Down days, bp | Up less down, bp | Confidence |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 30 days to Nov 4, 2026: 20 of 22 days, from Oct 7, 2026 | NAV (stated) | 6.7 | −6.3 | 0.90% | −6.9 (8 days) | −6.0 (12 days) | −0.9 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 25.4 | −7.3 | 5.08% | −9.2 (8 days) | −6.2 (14 days) | −3.0 | Not enough days |
| 90 days to Nov 4, 2026: 21 of 63 days, from Sep 11, 2026 | NAV | 6.9 | −6.6 | 0.90% | −7.5 (9 days) | −6.0 (12 days) | −1.5 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 22.9 | −5.7 | 4.81% | −5.0 (28 days) | −6.2 (35 days) | +1.2 | Not significant (t 0.1) |

### AMAU's largest daily misses

The 5 days AMAU strayed furthest from its daily target in the 90 days to Nov 4, 2026, each on its NAV where ETFIQ holds it, else its closing price.

| # | Day | Read on | AMAT moved | Target | AMAU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 14, 2026 | closing price | −5.12% | −10.24% | −11.37% | −1.13 pts |
| 2 | Aug 13, 2026 | closing price | −2.48% | −4.97% | −4.18% | +0.78 pts |
| 3 | Aug 10, 2026 | closing price | −3.16% | −6.31% | −5.84% | +0.48 pts |
| 4 | Aug 12, 2026 | closing price | +4.29% | +8.58% | +9.01% | +0.43 pts |
| 5 | Aug 11, 2026 | closing price | +0.67% | +1.34% | +0.94% | −0.39 pts |

### Method

The daily miss is AMAU's return each day less two times AMAT's return that day. A basis point is a hundredth of a percentage point. Each window is read twice where ETFIQ holds both NAVs: on NAVs, and on closing prices. It is stated on the closing price because NAVs for 21 of the 63 sessions. AMAU ranks 208 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether AMAT rose or fell; Significant means the gap is at least two standard errors from zero. The average miss carries its sign: a negative one is what the fund kept below its target each day, its fees and financing among it. Not every fund here has traded for a year, and a number over eight months does not order against one over twelve. This page lists each fund with its window and dates instead of ranking them. It becomes a ranking on the night four of them share a full year. Every window ETFIQ can measure for AMAU is listed.

### Where to next

### Sources

Links are sources, not endorsements.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, AMAU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/amau/tracking/
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/funds/amau/tracking/