# HOOC Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, HOOC missed two times HOOD's daily return by 26.3 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.

## HOOC daily tracking

Over the 90 days to Nov 4, 2026, HOOC missed two times HOOD's daily return by 26.3 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) | 5.1 | −4.8 | 0.65% | −7.0 (9 days) | −2.9 (11 days) | −4.1 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 29.3 | −4.5 | 5.44% | −1.8 (10 days) | −6.7 (12 days) | +4.9 | Not significant (t 0.3) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 26.3 | −6.4 | 5.20% | −10.4 (29 days) | −3.0 (34 days) | −7.4 | Not significant (t −0.9) |

### HOOC's largest daily misses

The 5 days HOOC 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 | HOOD moved | Target | HOOC returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 19, 2026 | closing price | +4.63% | +9.26% | +8.36% | −0.90 pts |
| 2 | Sep 24, 2026 | closing price | −1.53% | −3.06% | −2.28% | +0.79 pts |
| 3 | Sep 23, 2026 | closing price | −1.25% | −2.49% | −3.22% | −0.72 pts |
| 4 | Sep 2, 2026 | closing price | +3.36% | +6.72% | +6.17% | −0.56 pts |
| 5 | Aug 11, 2026 | closing price | −0.15% | −0.30% | −0.83% | −0.53 pts |

### Method

The daily miss is HOOC's return each day less two times HOOD'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. HOOC ranks 243 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether HOOD 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 HOOC 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, HOOC daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/hooc/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/hooc/tracking/