As of Nov 4, 2026. Rebuilt every trading night.
FNG daily tracking
Over the 90 days to Nov 4, 2026, FNG missed two times FN's daily return by 39.6 basis points a day on average, on its closing price.
All 4
4 of 4 · 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) | 13.3 | −5.6 | 2.55% | −5.2 (6 days) | −5.8 (14 days) | +0.7 | Not enough days | |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 50.9 | −7.1 | 9.67% | +11.8 (7 days) | −15.9 (15 days) | +27.6 | Not enough days | |
| 90 days to Nov 4, 2026: 22 of 63 days, from Sep 10, 2026 | NAV | 12.9 | −5.9 | 2.44% | −6.1 (7 days) | −5.8 (15 days) | −0.4 | Not enough days | |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 39.6 | −6.2 | 8.24% | +6.1 (26 days) | −14.9 (37 days) | +21.0 | Not significant (t 1.6) |
FNG's largest daily misses
The 5 days FNG 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 | FN moved | Target | FNG returned | Miss |
|---|---|---|---|---|---|---|
| 1 | Aug 19, 2026 | closing price | −5.81% | −11.62% | −12.83% | −1.21 pts |
| 2 | Aug 10, 2026 | closing price | −6.28% | −12.56% | −11.48% | +1.08 pts |
| 3 | Sep 18, 2026 | closing price | +2.00% | +4.01% | +4.96% | +0.95 pts |
| 4 | Aug 11, 2026 | closing price | −0.23% | −0.45% | −1.29% | −0.84 pts |
| 5 | Sep 17, 2026 | closing price | −2.99% | −5.99% | −6.82% | −0.83 pts |
The daily miss is FNG's return each day less two times FN'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. FNG ranks 368 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 FN 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 FNG is listed.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
Cite this pageCitation, APA and Markdown
ETFIQ, FNG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/fng/tracking/
ETFIQ. (Nov 4, 2026). FNG daily tracking, listed by window. Retrieved from https://etfiq.com/funds/fng/tracking/
[FNG daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/fng/tracking/)
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