# LRCU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, LRCU missed two times LRCX's daily return by 32.5 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.

## LRCU daily tracking

Over the 90 days to Nov 4, 2026, LRCU missed two times LRCX's daily return by 32.5 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) | 24.5 | −2.7 | 4.43% | +12.6 (6 days) | −8.4 (16 days) | +21.1 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 32.5 | −4.2 | 7.08% | +10.9 (28 days) | −16.2 (35 days) | +27.1 | Significant (t 2.6) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 38.3 | −2.9 | 8.47% | +2.6 (58 days) | −7.8 (66 days) | +10.4 | Not significant (t 1.1) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 38.9 | −2.5 | 8.70% | +3.3 (129 days) | −8.7 (122 days) | +12.0 | Not significant (t 1.8) |

### LRCU's largest daily misses

The 5 days LRCU 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 | LRCX moved | Target | LRCU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Feb 24, 2026 | closing price | +0.82% | +1.63% | −0.81% | −2.44 pts |
| 2 | Feb 25, 2026 | closing price | +2.14% | +4.28% | +6.66% | +2.38 pts |
| 3 | Jun 25, 2026 | closing price | +7.21% | +14.42% | +16.57% | +2.16 pts |
| 4 | Jun 24, 2026 | closing price | +0.93% | +1.87% | 0.00% | −1.87 pts |
| 5 | Mar 4, 2026 | closing price | +2.75% | +5.50% | +7.25% | +1.75 pts |

### Method

The daily miss is LRCU's return each day less two times LRCX'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. LRCU ranks 310 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether LRCX 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 LRCU 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, LRCU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/lrcu/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/lrcu/tracking/