# NETG Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, NETG missed two times NET's daily return by 44.5 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.

## NETG daily tracking

Over the 90 days to Nov 4, 2026, NETG missed two times NET's daily return by 44.5 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: 20 of 22 days, from Oct 7, 2026 | NAV (stated) | 7.2 | −7.2 | 1.09% | −9.9 (6 days) | −6.1 (14 days) | −3.9 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 31.6 | −8.0 | 6.32% | +5.5 (6 days) | −13.1 (16 days) | +18.7 | Not enough days |
| 90 days to Nov 4, 2026: 21 of 63 days, from Sep 11, 2026 | NAV | 7.1 | −7.1 | 1.07% | −9.9 (6 days) | −6.0 (15 days) | −4.0 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 44.5 | −3.5 | 8.91% | +17.1 (25 days) | −17.1 (38 days) | +34.2 | Significant (t 2.3) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 39.8 | −5.5 | 8.29% | +2.3 (59 days) | −12.5 (65 days) | +14.8 | Not significant (t 1.6) |

### NETG's largest daily misses

The 5 days NETG 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 | NET moved | Target | NETG returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 7, 2026 | closing price | +5.57% | +11.14% | +12.70% | +1.56 pts |
| 2 | Jun 29, 2026 | closing price | +2.75% | +5.50% | +7.04% | +1.55 pts |
| 3 | Sep 21, 2026 | closing price | +8.67% | +17.35% | +15.85% | −1.50 pts |
| 4 | Jun 26, 2026 | closing price | +4.67% | +9.34% | +7.87% | −1.48 pts |
| 5 | Aug 5, 2026 | closing price | −2.78% | −5.56% | −6.88% | −1.32 pts |

### Method

The daily miss is NETG's return each day less two times NET'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 21 of the 63 sessions. NETG ranks 407 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether NET 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 NETG 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, NETG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/netg/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/netg/tracking/