# LITX Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, LITX missed two times LITE's daily return by 23.9 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.

## LITX daily tracking

Over the 90 days to Nov 4, 2026, LITX missed two times LITE's daily return by 23.9 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, 22 daily returns | closing price (stated) | 21.8 | −6.2 | 4.49% | +2.4 (9 days) | −12.1 (13 days) | +14.5 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 23.9 | −6.8 | 4.95% | −13.2 (32 days) | −0.2 (31 days) | −13.1 | Not significant (t −1.7) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 24.4 | −6.1 | 4.93% | −8.7 (63 days) | −3.4 (61 days) | −5.3 | Not significant (t −1.0) |

### LITX's largest daily misses

The 5 days LITX strayed furthest from its daily target in the 180 days to Nov 4, 2026, each on its NAV where ETFIQ holds it, else its closing price.

| # | Day | Read on | LITE moved | Target | LITX returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 12, 2026 | closing price | +13.63% | +27.27% | +26.29% | −0.98 pts |
| 2 | Jul 30, 2026 | closing price | +15.09% | +30.18% | +31.02% | +0.84 pts |
| 3 | Sep 15, 2026 | closing price | +0.47% | +0.94% | +0.16% | −0.79 pts |
| 4 | May 15, 2026 | closing price | −3.11% | −6.21% | −6.92% | −0.71 pts |
| 5 | Oct 1, 2026 | closing price | +7.67% | +15.35% | +14.69% | −0.66 pts |

### Method

The daily miss is LITX's return each day less two times LITE'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 its NAV or its target's is not struck at the 4:00 p.m. close. LITX ranks 220 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether LITE 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 LITX 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, LITX daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/litx/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/litx/tracking/