As of Nov 4, 2026. Rebuilt every trading night.
BRZU daily tracking
Over the 90 days to Nov 4, 2026, BRZU missed two times MSCI Brazil's daily return by 14.2 basis points a day on average, on its closing price.
All 4
4 of 4 · click a column to sort| # | 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, 22 daily returns | closing price (stated) | 15.8 | −2.1 | 3.17% | −9.1 (9 days) | +3.4 (12 days) | −12.4 | Not enough days | |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 14.2 | −2.3 | 2.87% | −1.6 (30 days) | −2.8 (32 days) | +1.2 | Not significant (t 0.3) | |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 13.7 | −2.4 | 2.70% | −0.6 (56 days) | −3.9 (66 days) | +3.3 | Not significant (t 1.1) | |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 13.8 | −2.3 | 2.71% | −2.1 (125 days) | −2.1 (123 days) | 0.0 | Not significant (t 0.0) |
BRZU's largest daily misses
The 5 days BRZU 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 | MSCI Brazil moved | Target | BRZU returned | Miss |
|---|---|---|---|---|---|---|
| 1 | Sep 4, 2026 | closing price | −0.71% | −1.42% | −1.86% | −0.44 pts |
| 2 | Jul 22, 2026 | closing price | +2.81% | +5.61% | +5.18% | −0.43 pts |
| 3 | Oct 7, 2026 | closing price | −1.47% | −2.93% | −2.51% | +0.42 pts |
| 4 | Nov 6, 2025 | closing price | −0.19% | −0.37% | +0.01% | +0.39 pts |
| 5 | Oct 9, 2026 | closing price | +2.23% | +4.46% | +4.07% | −0.39 pts |
The daily miss is BRZU's return each day less two times MSCI Brazil'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 its NAV or its target's is not struck at the 4:00 p.m. close. BRZU ranks 70 of 494 2x leveraged ETFs on its 90-day average daily miss.
The rest of the method
Up days and down days split the miss by whether MSCI Brazil 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. MSCI Brazil is itself an ETF, so its own fee and tracking are inside the miss. 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 BRZU is listed.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
Cite this pageCitation, APA and Markdown
ETFIQ, BRZU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/brzu/tracking/
ETFIQ. (Nov 4, 2026). BRZU daily tracking, listed by window. Retrieved from https://etfiq.com/funds/brzu/tracking/
[BRZU daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/brzu/tracking/)
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