# APHU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, APHU missed two times APH's daily return by 34.9 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.

## APHU daily tracking

Over the 90 days to Nov 4, 2026, APHU missed two times APH's daily return by 34.9 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: 13 of 22 days, from Oct 16, 2026 | NAV | 5.8 | −5.8 | 0.72% | −5.2 (8 days) | −6.7 (5 days) | +1.5 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 43.6 | −4.5 | 9.76% | −11.4 (10 days) | +1.3 (12 days) | −12.7 | Not significant (t −0.5) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 34.9 | −4.2 | 7.75% | −5.1 (31 days) | −3.3 (32 days) | −1.8 | Not significant (t −0.1) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 42.7 | −4.7 | 9.97% | −2.7 (64 days) | −6.9 (60 days) | +4.1 | Not significant (t 0.4) |

### APHU's largest daily misses

The 5 days APHU strayed furthest from its daily target in the 180 days to Nov 4, 2026, each on its NAV where ETFIQ holds it, else its closing price.

| # | Day | Read on | APH moved | Target | APHU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jul 14, 2026 | closing price | +1.53% | +3.05% | +5.83% | +2.78 pts |
| 2 | Jul 15, 2026 | closing price | −0.84% | −1.68% | −4.15% | −2.47 pts |
| 3 | Jun 24, 2026 | closing price | +2.57% | +5.14% | +3.21% | −1.93 pts |
| 4 | May 28, 2026 | closing price | +5.31% | +10.61% | +9.16% | −1.45 pts |
| 5 | May 20, 2026 | closing price | +3.23% | +6.46% | +5.29% | −1.17 pts |

### Method

The daily miss is APHU'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 13 of the 63 sessions. APHU ranks 333 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 APHU 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, APHU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/aphu/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/aphu/tracking/