As of Nov 4, 2026. Rebuilt every trading night.
IONL daily tracking
Over the 90 days to Nov 4, 2026, IONL missed two times IONQ's daily return by 27.5 basis points a day on average, on its closing price.
All 6
6 of 6 · 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: 11 of 22 days, from Oct 16, 2026 | NAV | 6.2 | −6.3 | 0.55% | −5.5 (4 days) | −6.7 (7 days) | +1.1 | Not enough days | |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 17.4 | −4.8 | 3.58% | +5.2 (8 days) | −10.5 (14 days) | +15.6 | Not enough days | |
| 90 days to Nov 4, 2026: 12 of 63 days, from Sep 11, 2026 | NAV | 7.1 | −7.1 | 0.69% | −5.5 (4 days) | −7.8 (8 days) | +2.3 | Not enough days | |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 27.5 | −6.1 | 5.38% | −6.8 (28 days) | −5.6 (35 days) | −1.2 | Not significant (t −0.1) | |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 26.1 | −7.7 | 5.17% | −8.3 (50 days) | −7.3 (74 days) | −1.0 | Not significant (t −0.2) | |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 28.1 | −8.2 | 5.81% | −16.1 (110 days) | −2.0 (141 days) | −14.1 | Significant (t −3.0) |
IONL's largest daily misses
The 5 days IONL 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 | IONQ moved | Target | IONL returned | Miss |
|---|---|---|---|---|---|---|
| 1 | Mar 23, 2026 | closing price | +6.12% | +12.24% | +10.21% | −2.03 pts |
| 2 | Feb 26, 2026 | closing price | +21.70% | +43.41% | +41.95% | −1.45 pts |
| 3 | Apr 8, 2026 | closing price | +1.76% | +3.51% | +2.28% | −1.23 pts |
| 4 | Mar 18, 2026 | closing price | −2.79% | −5.58% | −6.60% | −1.02 pts |
| 5 | Jul 30, 2026 | closing price | +11.82% | +23.63% | +22.77% | −0.87 pts |
The daily miss is IONL's return each day less two times IONQ'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. IONL ranks 261 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 IONQ 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 IONL is listed.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
Cite this pageCitation, APA and Markdown
ETFIQ, IONL daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/ionl/tracking/
ETFIQ. (Nov 4, 2026). IONL daily tracking, listed by window. Retrieved from https://etfiq.com/funds/ionl/tracking/
[IONL daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/ionl/tracking/)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.