# DAMD Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, DAMD missed minus two times AMD's daily return by 22.6 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.

## DAMD daily tracking

Over the 90 days to Nov 4, 2026, DAMD missed minus two times AMD's daily return by 22.6 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: 20 of 22 days, from Oct 7, 2026 | NAV (stated) | 4.0 | 0.0 | 0.81% | +0.8 (8 days) | −0.6 (12 days) | +1.4 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 12.3 | +0.9 | 2.57% | −3.4 (10 days) | +4.4 (12 days) | −7.9 | Not significant (t −1.1) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 22.6 | +0.5 | 5.22% | +3.6 (34 days) | −3.0 (29 days) | +6.7 | Not significant (t 0.8) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 31.7 | −0.8 | 6.91% | +2.2 (65 days) | −4.0 (59 days) | +6.2 | Not significant (t 0.8) |

### DAMD's largest daily misses

The 5 days DAMD 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 | AMD moved | Target | DAMD returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jun 29, 2026 | closing price | +3.43% | −6.87% | −8.29% | −1.42 pts |
| 2 | Jul 24, 2026 | closing price | −3.29% | +6.57% | +5.37% | −1.21 pts |
| 3 | Jul 7, 2026 | closing price | −6.51% | +13.02% | +11.84% | −1.18 pts |
| 4 | Jul 23, 2026 | closing price | −2.29% | +4.58% | +5.67% | +1.10 pts |
| 5 | Jun 16, 2026 | closing price | −7.30% | +14.61% | +13.53% | −1.08 pts |

### Method

The daily miss is DAMD's return each day less minus two times AMD'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 20 of the 63 sessions. DAMD ranks 47 of 75 2x inverse ETFs on its 90-day average daily miss. Up days and down days split the miss by whether AMD 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 DAMD 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, DAMD daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/damd/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/damd/tracking/