# AMDG Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, AMDG missed two times AMD's daily return by 19.0 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.

## AMDG daily tracking

Over the 90 days to Nov 4, 2026, AMDG missed two times AMD's daily return by 19.0 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) | 8.0 | −8.0 | 1.10% | −5.3 (8 days) | −9.8 (12 days) | +4.5 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 17.1 | −8.1 | 3.32% | −4.1 (10 days) | −11.4 (12 days) | +7.3 | Not significant (t 0.8) |
| 90 days to Nov 4, 2026: 22 of 63 days, from Sep 10, 2026 | NAV | 8.2 | −8.2 | 1.13% | −6.7 (9 days) | −9.2 (13 days) | +2.4 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 19.0 | −7.5 | 3.56% | −6.6 (34 days) | −8.6 (29 days) | +2.0 | Not significant (t 0.4) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 28.8 | −4.9 | 8.29% | +1.4 (65 days) | −11.9 (59 days) | +13.4 | Not significant (t 1.4) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 23.9 | −5.0 | 6.69% | −3.2 (135 days) | −7.0 (116 days) | +3.9 | Not significant (t 0.7) |

### AMDG's largest daily misses

The 5 days AMDG 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 | AMDG returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 4, 2026 | closing price | +7.00% | +14.01% | +18.01% | +4.00 pts |
| 2 | Aug 5, 2026 | closing price | −7.04% | −14.09% | −16.51% | −2.42 pts |
| 3 | Feb 3, 2026 | closing price | −1.69% | −3.38% | −1.74% | +1.63 pts |
| 4 | May 8, 2026 | closing price | +11.44% | +22.88% | +21.49% | −1.39 pts |
| 5 | Feb 4, 2026 | closing price | −17.31% | −34.63% | −35.77% | −1.14 pts |

### Method

The daily miss is AMDG's return each day less two 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 22 of the 63 sessions. AMDG ranks 153 of 494 2x leveraged 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 AMDG 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, AMDG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/amdg/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/amdg/tracking/