# LITZ Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, LITZ missed minus two times LITE's daily return by 24.9 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.

## LITZ daily tracking

Over the 90 days to Nov 4, 2026, LITZ missed minus two times LITE's daily return by 24.9 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) | 27.7 | +4.5 | 5.92% | −3.5 (9 days) | +10.1 (13 days) | −13.6 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 24.9 | +1.6 | 5.39% | +4.3 (32 days) | −1.1 (31 days) | +5.4 | Not significant (t 0.6) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 26.4 | +2.1 | 5.47% | −0.6 (63 days) | +4.8 (61 days) | −5.3 | Not significant (t −0.9) |

### LITZ's largest daily misses

The 5 days LITZ 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 | LITZ returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jun 26, 2026 | closing price | −5.22% | +10.44% | +11.46% | +1.02 pts |
| 2 | Aug 10, 2026 | closing price | −8.61% | +17.22% | +16.29% | −0.94 pts |
| 3 | Nov 2, 2026 | closing price | −18.59% | +37.18% | +38.03% | +0.84 pts |
| 4 | Sep 29, 2026 | closing price | +5.66% | −11.33% | −10.49% | +0.83 pts |
| 5 | Aug 5, 2026 | closing price | −2.73% | +5.46% | +6.21% | +0.75 pts |

### Method

The daily miss is LITZ's return each day less minus 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. LITZ ranks 54 of 75 2x inverse 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 LITZ 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, LITZ daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/litz/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/litz/tracking/