# NVTX Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, NVTX missed two times NVTS's daily return by 55.1 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.

## NVTX daily tracking

Over the 90 days to Nov 4, 2026, NVTX missed two times NVTS's daily return by 55.1 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) | 50.6 | −9.9 | 9.87% | −13.0 (9 days) | −7.8 (13 days) | −5.1 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 55.1 | −7.3 | 11.41% | −4.2 (29 days) | −9.3 (31 days) | +5.1 | Not significant (t 0.3) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 58.6 | −8.3 | 11.63% | −13.7 (56 days) | −3.3 (65 days) | −10.5 | Not significant (t −0.8) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 60.5 | −8.3 | 12.36% | −14.0 (120 days) | −2.5 (127 days) | −11.5 | Not significant (t −1.1) |

### NVTX's largest daily misses

The 5 days NVTX 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 | NVTS moved | Target | NVTX returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 27, 2026 | closing price | −1.26% | −2.53% | −4.95% | −2.42 pts |
| 2 | Nov 6, 2025 | closing price | −10.40% | −20.79% | −23.16% | −2.37 pts |
| 3 | Apr 21, 2026 | closing price | +16.14% | +32.27% | +34.48% | +2.21 pts |
| 4 | Nov 5, 2025 | closing price | −5.74% | −11.47% | −9.35% | +2.13 pts |
| 5 | May 5, 2026 | closing price | +10.24% | +20.48% | +18.43% | −2.05 pts |

### Method

The daily miss is NVTX's return each day less two times NVTS'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. NVTX ranks 449 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether NVTS 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 NVTX is listed.

### Where to next

### Sources

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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, NVTX daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/nvtx/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/nvtx/tracking/