# KEYG Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, KEYG missed two times KEYS's daily return by 40.1 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.

## KEYG daily tracking

Over the 90 days to Nov 4, 2026, KEYG missed two times KEYS's daily return by 40.1 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) | 7.0 | −6.2 | 0.86% | −6.6 (7 days) | −6.0 (13 days) | −0.6 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 35.2 | −8.7 | 6.45% | −14.2 (8 days) | −5.5 (14 days) | −8.7 | Not enough days |
| 90 days to Nov 4, 2026: 22 of 63 days, from Sep 10, 2026 | NAV | 7.8 | −6.8 | 1.17% | −9.3 (8 days) | −5.4 (14 days) | −4.0 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 40.1 | −7.8 | 7.93% | −15.6 (34 days) | +1.3 (29 days) | −16.9 | Not significant (t −1.3) |

### KEYG's largest daily misses

The 5 days KEYG 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 | KEYS moved | Target | KEYG returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 18, 2026 | closing price | −5.58% | −11.16% | −9.87% | +1.29 pts |
| 2 | Aug 20, 2026 | closing price | −0.92% | −1.84% | −3.04% | −1.20 pts |
| 3 | Aug 10, 2026 | closing price | −1.63% | −3.26% | −2.13% | +1.13 pts |
| 4 | Aug 7, 2026 | closing price | +1.19% | +2.38% | +1.31% | −1.07 pts |
| 5 | Aug 17, 2026 | closing price | +0.93% | +1.86% | +0.94% | −0.92 pts |

### Method

The daily miss is KEYG's return each day less two times KEYS'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 22 of the 63 sessions. KEYG ranks 373 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether KEYS 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 KEYG 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, KEYG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/keyg/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/keyg/tracking/