# CORD Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, CORD missed minus two times CRWV's daily return by 23.6 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.

## CORD daily tracking

Over the 90 days to Nov 4, 2026, CORD missed minus two times CRWV's daily return by 23.6 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 | 5.3 | +0.1 | 1.08% | −0.8 (5 days) | +0.7 (8 days) | −1.5 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 24.8 | −0.5 | 4.74% | −6.9 (8 days) | +3.2 (14 days) | −10.1 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 23.6 | −0.6 | 4.55% | −2.9 (27 days) | +1.1 (36 days) | −4.0 | Not significant (t −0.5) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 21.2 | −0.7 | 4.17% | −1.4 (51 days) | −0.1 (73 days) | −1.3 | Not significant (t −0.3) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 27.3 | −0.8 | 6.04% | −2.2 (114 days) | +0.3 (137 days) | −2.5 | Not significant (t −0.5) |

### CORD's largest daily misses

The 5 days CORD 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 | CRWV moved | Target | CORD returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jan 15, 2026 | closing price | +5.80% | −11.60% | −13.15% | −1.55 pts |
| 2 | Feb 13, 2026 | closing price | +0.36% | −0.71% | −2.14% | −1.43 pts |
| 3 | Jan 16, 2026 | closing price | +6.55% | −13.09% | −11.74% | +1.36 pts |
| 4 | Mar 6, 2026 | closing price | −2.45% | +4.89% | +3.63% | −1.26 pts |
| 5 | Feb 4, 2026 | closing price | −8.44% | +16.88% | +18.11% | +1.23 pts |

### Method

The daily miss is CORD's return each day less minus two times CRWV'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. CORD ranks 48 of 75 2x inverse ETFs on its 90-day average daily miss. Up days and down days split the miss by whether CRWV 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 CORD 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

---

Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, CORD daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/cord/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/cord/tracking/