# MNSX Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, MNSX missed two times MNST's daily return by 14.2 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.

## MNSX daily tracking

Over the 90 days to Nov 4, 2026, MNSX missed two times MNST's daily return by 14.2 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) | 5.2 | −5.2 | 0.42% | −5.8 (13 days) | −4.3 (7 days) | −1.5 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 8.7 | −2.9 | 1.69% | −7.4 (14 days) | +5.0 (8 days) | −12.4 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 14.2 | −4.2 | 3.13% | −10.8 (34 days) | +3.4 (29 days) | −14.2 | Significant (t −3.2) |

### MNSX's largest daily misses

The 5 days MNSX 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 | MNST moved | Target | MNSX returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 24, 2026 | closing price | +2.36% | +4.73% | +4.04% | −0.69 pts |
| 2 | Aug 14, 2026 | closing price | +0.30% | +0.60% | −0.05% | −0.65 pts |
| 3 | Aug 18, 2026 | closing price | +4.09% | +8.17% | +8.61% | +0.44 pts |
| 4 | Aug 25, 2026 | closing price | −0.39% | −0.78% | −0.39% | +0.38 pts |
| 5 | Aug 10, 2026 | closing price | +1.18% | +2.37% | +2.00% | −0.37 pts |

### Method

The daily miss is MNSX's return each day less two times MNST'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 20 of the 63 sessions. MNSX ranks 72 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether MNST 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 MNSX 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, MNSX daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/mnsx/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/mnsx/tracking/