As of Nov 4, 2026. Rebuilt every trading night.
FNGG daily tracking
Over the 90 days to Nov 4, 2026, FNGG missed two times NYSE FANG+'s daily return by 34.5 basis points a day on average, on its closing price.
All 5
5 of 5 · 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: 17 of 22 days, from Oct 7, 2026 | NAV (stated) | 11.9 | +2.9 | 3.39% | −8.0 (8 days) | +12.6 (9 days) | −20.6 | Not enough days | |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 23.0 | +2.4 | 5.92% | −0.7 (12 days) | +6.1 (10 days) | −6.8 | Not significant (t −0.4) | |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 34.5 | −0.6 | 9.57% | −13.6 (35 days) | +15.7 (28 days) | −29.3 | Not significant (t −1.9) | |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 36.7 | −1.8 | 8.79% | −7.5 (67 days) | +4.8 (57 days) | −12.3 | Not significant (t −1.2) | |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 37.0 | −2.0 | 8.36% | −8.6 (133 days) | +5.3 (116 days) | −13.9 | Significant (t −2.1) |
FNGG's largest daily misses
The 5 days FNGG 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 | NYSE FANG+ moved | Target | FNGG returned | Miss |
|---|---|---|---|---|---|---|
| 1 | Sep 24, 2026 | closing price | −0.57% | −1.15% | +1.21% | +2.36 pts |
| 2 | Sep 29, 2026 | closing price | −0.62% | −1.23% | +0.71% | +1.94 pts |
| 3 | Sep 23, 2026 | closing price | +0.02% | +0.04% | −1.90% | −1.93 pts |
| 4 | Feb 4, 2026 | closing price | −1.65% | −3.30% | −4.92% | −1.63 pts |
| 5 | Sep 25, 2026 | closing price | +0.82% | +1.64% | +0.07% | −1.57 pts |
The daily miss is FNGG's return each day less two times NYSE FANG+'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 17 of the 63 sessions. FNGG ranks 326 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether NYSE FANG+ 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. 1 NAV day was held out, where the NAV and the closing price disagreed about the day: Nov 3, 2026.
The rest of the method
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 FNGG is listed.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
Cite this pageCitation, APA and Markdown
ETFIQ, FNGG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/fngg/tracking/
ETFIQ. (Nov 4, 2026). FNGG daily tracking, listed by window. Retrieved from https://etfiq.com/funds/fngg/tracking/
[FNGG daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/fngg/tracking/)
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