# CRMX Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, CRMX missed two times CRML's daily return by 56.0 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.

## CRMX daily tracking

Over the 90 days to Nov 4, 2026, CRMX missed two times CRML's daily return by 56.0 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, 22 daily returns | closing price (stated) | 64.9 | −6.7 | 12.23% | −28.8 (9 days) | +8.6 (13 days) | −37.4 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 56.0 | −7.8 | 11.18% | −10.4 (25 days) | −6.0 (38 days) | −4.3 | Not significant (t −0.2) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 61.3 | −8.2 | 12.18% | −21.4 (48 days) | +0.1 (76 days) | −21.5 | Not significant (t −1.5) |

### CRMX's largest daily misses

The 5 days CRMX 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 | CRML moved | Target | CRMX returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Sep 21, 2026 | closing price | +38.63% | +77.27% | +74.78% | −2.48 pts |
| 2 | Jul 14, 2026 | closing price | +6.44% | +12.89% | +10.99% | −1.90 pts |
| 3 | May 19, 2026 | closing price | −6.76% | −13.51% | −15.27% | −1.76 pts |
| 4 | May 21, 2026 | closing price | +3.63% | +7.26% | +9.01% | +1.75 pts |
| 5 | May 18, 2026 | closing price | −5.99% | −11.99% | −10.37% | +1.61 pts |

### Method

The daily miss is CRMX's return each day less two times CRML'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. CRMX ranks 453 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether CRML 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 CRMX 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, CRMX daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/crmx/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/crmx/tracking/