As of Nov 4, 2026. Rebuilt every trading night.
ECHX daily tracking
Over the 90 days to Nov 4, 2026, ECHX missed two times ECHO's daily return by 15.8 basis points a day on average, on its closing price.
All 3
3 of 3 · click a column to sort| # | 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 | −7.5 | 1.25% | −8.8 (12 days) | −5.4 (8 days) | −3.4 | Not enough days | |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 18.3 | −6.3 | 3.38% | −3.7 (13 days) | −10.1 (9 days) | +6.4 | Not enough days | |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 15.8 | −6.5 | 2.97% | −4.9 (34 days) | −8.5 (29 days) | +3.6 | Not significant (t 0.8) |
ECHX's largest daily misses
The 5 days ECHX strayed furthest from its daily target in the 90 days to Nov 4, 2026, each on its NAV where ETFIQ holds it, else its closing price.
| # | Day | Read on | ECHO moved | Target | ECHX returned | Miss |
|---|---|---|---|---|---|---|
| 1 | Aug 17, 2026 | closing price | +0.67% | +1.35% | +1.85% | +0.50 pts |
| 2 | Aug 11, 2026 | closing price | −1.31% | −2.62% | −2.98% | −0.36 pts |
| 3 | Aug 14, 2026 | closing price | +0.23% | +0.46% | +0.12% | −0.34 pts |
| 4 | Nov 4, 2026 | closing price | −3.26% | −6.51% | −6.85% | −0.34 pts |
| 5 | Sep 11, 2026 | closing price | +1.40% | +2.81% | +2.48% | −0.33 pts |
The daily miss is ECHX's return each day less two times ECHO'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. ECHX ranks 97 of 494 2x leveraged ETFs on its 90-day average daily miss.
The rest of the method
Up days and down days split the miss by whether ECHO 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 ECHX is listed.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
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ETFIQ, ECHX daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/echx/tracking/
ETFIQ. (Nov 4, 2026). ECHX daily tracking, listed by window. Retrieved from https://etfiq.com/funds/echx/tracking/
[ECHX daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/echx/tracking/)
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