# CRWG Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, CRWG missed two times CRWV's daily return by 16.8 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.

## CRWG daily tracking

Over the 90 days to Nov 4, 2026, CRWG missed two times CRWV's daily return by 16.8 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) | 9.5 | −8.6 | 1.40% | −8.5 (7 days) | −8.6 (13 days) | +0.1 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 12.7 | −10.4 | 2.19% | −19.8 (8 days) | −5.0 (14 days) | −14.7 | Not enough days |
| 90 days to Nov 4, 2026: 22 of 63 days, from Sep 10, 2026 | NAV | 9.4 | −8.5 | 1.35% | −8.5 (7 days) | −8.5 (15 days) | 0.0 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 16.8 | −7.8 | 3.11% | −9.8 (27 days) | −6.3 (36 days) | −3.5 | Not significant (t −0.7) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 19.8 | −8.4 | 3.95% | −15.5 (51 days) | −3.5 (73 days) | −12.0 | Significant (t −2.6) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 21.0 | −7.3 | 4.06% | −8.6 (114 days) | −6.2 (137 days) | −2.4 | Not significant (t −0.7) |

### CRWG's largest daily misses

The 5 days CRWG 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 | CRWG returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jul 22, 2026 | closing price | +3.85% | +7.69% | +6.63% | −1.06 pts |
| 2 | Jul 30, 2026 | closing price | +21.51% | +43.01% | +42.28% | −0.74 pts |
| 3 | Aug 6, 2026 | closing price | −5.07% | −10.15% | −10.85% | −0.71 pts |
| 4 | Dec 31, 2025 | closing price | −3.10% | −6.20% | −6.87% | −0.68 pts |
| 5 | Aug 12, 2026 | closing price | +19.28% | +38.55% | +37.88% | −0.68 pts |

### Method

The daily miss is CRWG's return each day less 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 22 of the 63 sessions. CRWG ranks 114 of 494 2x leveraged 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 CRWG 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, CRWG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/crwg/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/crwg/tracking/