# KBAB Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, KBAB missed two times BABA's daily return by 91.8 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.

## KBAB daily tracking

Over the 90 days to Nov 4, 2026, KBAB missed two times BABA's daily return by 91.8 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: 14 of 22 days, from Oct 7, 2026 | NAV | 143.1 | +116.4 | 41.38% | −33.1 (5 days) | +199.4 (9 days) | −232.6 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 220.1 | +27.3 | 57.72% | −245.1 (8 days) | +182.8 (14 days) | −427.9 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 91.8 | +6.9 | 33.89% | −81.9 (26 days) | +71.6 (36 days) | −153.4 | Significant (t −2.8) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 59.0 | +1.4 | 24.33% | −49.7 (49 days) | +35.4 (74 days) | −85.1 | Significant (t −2.9) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 37.6 | −1.6 | 17.23% | −23.6 (102 days) | +13.7 (148 days) | −37.3 | Significant (t −2.6) |

### KBAB's largest daily misses

The 5 days KBAB 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 | BABA moved | Target | KBAB returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Nov 4, 2026 | closing price | +4.91% | +9.82% | 0.00% | −9.82 pts |
| 2 | Oct 21, 2026 | NAV | −3.87% | −7.73% | +0.01% | +7.75 pts |
| 3 | Nov 2, 2026 | closing price | +3.53% | +7.06% | 0.00% | −7.06 pts |
| 4 | Oct 22, 2026 | NAV | −2.48% | −4.96% | +0.12% | +5.08 pts |
| 5 | Oct 23, 2026 | NAV | −2.14% | −4.28% | +0.08% | +4.36 pts |

### Method

The daily miss is KBAB's return each day less two times BABA'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 14 of the 63 sessions. KBAB ranks 492 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether BABA 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 KBAB 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, KBAB daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/kbab/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/kbab/tracking/