# AMDD Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, AMDD missed minus one times AMD's daily return by 6.9 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.

## AMDD daily tracking

Over the 90 days to Nov 4, 2026, AMDD missed minus one times AMD's daily return by 6.9 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: 19 of 22 days, from Oct 7, 2026 | NAV (stated) | 3.2 | +2.9 | 0.39% | +3.1 (7 days) | +2.8 (12 days) | +0.4 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 6.6 | +2.5 | 1.21% | +1.8 (10 days) | +3.0 (12 days) | −1.2 | Not significant (t −0.3) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 6.9 | +2.9 | 1.32% | +3.9 (34 days) | +1.7 (29 days) | +2.2 | Not significant (t 1.1) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 15.9 | +3.0 | 4.55% | −1.5 (65 days) | +8.0 (59 days) | −9.5 | Not significant (t −1.9) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 12.1 | +2.7 | 3.39% | +1.2 (135 days) | +4.4 (116 days) | −3.2 | Not significant (t −1.2) |

### AMDD's largest daily misses

The 5 days AMDD strayed furthest from its daily target in the 1 year to Nov 4, 2026, each on its NAV where ETFIQ holds it, else its closing price.

| # | Day | Read on | AMD moved | Target | AMDD returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 5, 2026 | closing price | −7.04% | +7.04% | +8.81% | +1.76 pts |
| 2 | Aug 4, 2026 | closing price | +7.00% | −7.00% | −8.56% | −1.55 pts |
| 3 | Jun 26, 2026 | closing price | −2.06% | +2.06% | +2.76% | +0.70 pts |
| 4 | Jul 13, 2026 | closing price | −4.21% | +4.21% | +4.81% | +0.60 pts |
| 5 | Jun 29, 2026 | closing price | +3.43% | −3.43% | −4.03% | −0.59 pts |

### Method

The daily miss is AMDD's return each day less minus one times AMD'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 19 of the 63 sessions. AMDD ranks 11 of 34 1x inverse ETFs on its 90-day average daily miss. Up days and down days split the miss by whether AMD 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 AMDD 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, AMDD daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/amdd/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/amdd/tracking/
