# APHG Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, APHG missed two times APH's daily return by 30.5 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.

## APHG daily tracking

Over the 90 days to Nov 4, 2026, APHG missed two times APH's daily return by 30.5 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) | 6.4 | −5.9 | 0.97% | −7.4 (9 days) | −4.7 (11 days) | −2.8 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 37.2 | −5.2 | 7.41% | −12.3 (10 days) | +0.8 (12 days) | −13.1 | Not significant (t −0.6) |
| 90 days to Nov 4, 2026: 22 of 63 days, from Sep 10, 2026 | NAV | 6.5 | −6.0 | 0.95% | −7.8 (10 days) | −4.6 (12 days) | −3.2 | Not significant (t −1.2) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 30.5 | −5.1 | 6.42% | −7.6 (31 days) | −2.6 (32 days) | −5.1 | Not significant (t −0.5) |

### APHG's largest daily misses

The 5 days APHG 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 | APH moved | Target | APHG returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Sep 15, 2026 | closing price | −1.15% | −2.29% | −3.19% | −0.90 pts |
| 2 | Aug 12, 2026 | closing price | +1.63% | +3.26% | +2.37% | −0.89 pts |
| 3 | Sep 14, 2026 | closing price | −6.40% | −12.80% | −12.03% | +0.77 pts |
| 4 | Aug 10, 2026 | closing price | −0.87% | −1.75% | −0.99% | +0.76 pts |
| 5 | Nov 4, 2026 | closing price | −6.15% | −12.31% | −11.64% | +0.67 pts |

### Method

The daily miss is APHG's return each day less two times APH'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. APHG ranks 287 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether APH 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 APHG is listed.

### Where to next

### Sources

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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, APHG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/aphg/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/aphg/tracking/