# KTUP Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, KTUP missed two times KTOS's daily return by 26.6 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.

## KTUP daily tracking

Over the 90 days to Nov 4, 2026, KTUP missed two times KTOS's daily return by 26.6 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: 13 of 22 days, from Oct 16, 2026 | NAV | 12.9 | −11.0 | 1.78% | −8.4 (5 days) | −12.7 (8 days) | +4.3 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 27.9 | −11.6 | 5.46% | −15.7 (8 days) | −9.3 (14 days) | −6.4 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 26.6 | −9.5 | 5.12% | −12.4 (26 days) | −7.5 (37 days) | −4.8 | Not significant (t −0.6) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 27.8 | −10.2 | 5.35% | −13.9 (51 days) | −7.6 (73 days) | −6.3 | Not significant (t −1.0) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 43.9 | −8.3 | 9.46% | −1.9 (110 days) | −13.4 (140 days) | +11.4 | Not significant (t 1.5) |

### KTUP's largest daily misses

The 5 days KTUP 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 | KTOS moved | Target | KTUP returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Nov 11, 2025 | closing price | −3.27% | −6.54% | −9.64% | −3.10 pts |
| 2 | Nov 10, 2025 | closing price | +1.67% | +3.34% | +5.65% | +2.31 pts |
| 3 | Feb 11, 2026 | closing price | −6.10% | −12.20% | −10.50% | +1.70 pts |
| 4 | Apr 2, 2026 | closing price | −0.58% | −1.15% | −2.71% | −1.56 pts |
| 5 | Apr 6, 2026 | closing price | +10.07% | +20.15% | +21.64% | +1.50 pts |

### Method

The daily miss is KTUP's return each day less two times KTOS'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 13 of the 63 sessions. KTUP ranks 250 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether KTOS 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 KTUP 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, KTUP daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/ktup/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/ktup/tracking/