# GOU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, GOU missed two times GOOGL's daily return by 15.8 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.

## GOU daily tracking

Over the 90 days to Nov 4, 2026, GOU missed two times GOOGL's daily return by 15.8 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: 11 of 22 days, from Oct 16, 2026 | NAV | 4.7 | −4.7 | 0.63% | −2.9 (4 days) | −5.8 (7 days) | +2.9 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 20.4 | −2.3 | 3.89% | +4.5 (11 days) | −9.2 (11 days) | +13.7 | Not significant (t 1.3) |
| 90 days to Nov 4, 2026: 12 of 63 days, from Sep 11, 2026 | NAV | 5.2 | −5.2 | 0.64% | −4.3 (5 days) | −5.8 (7 days) | +1.5 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 15.8 | −4.7 | 3.17% | −2.1 (31 days) | −7.2 (32 days) | +5.2 | Not significant (t 1.0) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 22.9 | −4.4 | 4.97% | −6.1 (58 days) | −2.8 (66 days) | −3.3 | Not significant (t −0.6) |

### GOU's largest daily misses

The 5 days GOU 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 | GOOGL moved | Target | GOU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | May 20, 2026 | closing price | +0.32% | +0.64% | −0.52% | −1.16 pts |
| 2 | Jun 4, 2026 | closing price | +3.68% | +7.35% | +6.37% | −0.98 pts |
| 3 | Jul 17, 2026 | closing price | −2.17% | −4.34% | −5.23% | −0.89 pts |
| 4 | Jun 5, 2026 | closing price | −0.98% | −1.97% | −2.85% | −0.88 pts |
| 5 | Jun 29, 2026 | closing price | +4.82% | +9.64% | +10.51% | +0.87 pts |

### Method

The daily miss is GOU's return each day less two times GOOGL'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 12 of the 63 sessions. GOU ranks 96 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether GOOGL 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 GOU 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, GOU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/gou/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/gou/tracking/
