# CRMG Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, CRMG missed two times CRM's daily return by 14.4 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.

## CRMG daily tracking

Over the 90 days to Nov 4, 2026, CRMG missed two times CRM's daily return by 14.4 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) | 9.4 | −9.1 | 1.17% | −13.0 (8 days) | −6.5 (12 days) | −6.5 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 11.8 | −8.7 | 2.13% | −8.2 (9 days) | −9.0 (13 days) | +0.8 | Not enough days |
| 90 days to Nov 4, 2026: 22 of 63 days, from Sep 10, 2026 | NAV | 9.1 | −8.8 | 1.12% | −12.4 (9 days) | −6.4 (13 days) | −6.0 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 14.4 | −7.0 | 3.03% | −14.2 (26 days) | −1.9 (37 days) | −12.2 | Significant (t −2.5) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 15.0 | −6.5 | 3.04% | −12.9 (50 days) | −2.1 (74 days) | −10.7 | Significant (t −3.1) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 15.3 | −5.8 | 3.03% | −10.7 (113 days) | −1.8 (138 days) | −8.9 | Significant (t −3.7) |

### CRMG's largest daily misses

The 5 days CRMG 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 | CRM moved | Target | CRMG returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 27, 2026 | closing price | +22.58% | +45.16% | +44.26% | −0.90 pts |
| 2 | Nov 25, 2025 | closing price | +3.22% | +6.44% | +5.86% | −0.58 pts |
| 3 | Jul 10, 2026 | closing price | +0.50% | +1.01% | +0.46% | −0.55 pts |
| 4 | Jul 9, 2026 | closing price | −2.45% | −4.90% | −4.37% | +0.53 pts |
| 5 | Nov 21, 2025 | closing price | +0.77% | +1.54% | +1.06% | −0.48 pts |

### Method

The daily miss is CRMG's return each day less two times CRM'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. CRMG ranks 75 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether CRM 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 CRMG 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, CRMG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/crmg/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/crmg/tracking/