# AXTU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, AXTU missed two times AXTI's daily return by 44.9 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.

## AXTU daily tracking

Over the 90 days to Nov 4, 2026, AXTU missed two times AXTI's daily return by 44.9 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 | 11.2 | −11.2 | 1.05% | −11.2 (8 days) | −11.2 (5 days) | 0.0 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 52.5 | −4.7 | 14.00% | +34.2 (9 days) | −31.6 (13 days) | +65.8 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 44.9 | −9.1 | 10.00% | −1.6 (31 days) | −16.2 (32 days) | +14.6 | Not significant (t 0.9) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 45.6 | −10.5 | 9.76% | −6.6 (60 days) | −14.1 (64 days) | +7.5 | Not significant (t 0.7) |

### AXTU's largest daily misses

The 5 days AXTU 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 | AXTI moved | Target | AXTU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jun 10, 2026 | closing price | +8.84% | +17.69% | +19.44% | +1.75 pts |
| 2 | Jun 9, 2026 | closing price | −13.68% | −27.35% | −28.97% | −1.62 pts |
| 3 | Jun 2, 2026 | closing price | +1.19% | +2.37% | +1.13% | −1.24 pts |
| 4 | Nov 4, 2026 | closing price | −7.38% | −14.77% | −15.98% | −1.21 pts |
| 5 | Jun 24, 2026 | closing price | −9.97% | −19.95% | −21.14% | −1.19 pts |

### Method

The daily miss is AXTU's return each day less two times AXTI'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. AXTU ranks 410 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether AXTI 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 AXTU 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, AXTU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/axtu/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/axtu/tracking/