As of Nov 4, 2026. Rebuilt every trading night.
ORCZ daily tracking
Over the 90 days to Nov 4, 2026, ORCZ missed minus two times ORCL's daily return by 26.6 basis points a day on average, on its closing price.
All 2
2 of 2 · click a column to sort| # | 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) | 18.8 | +0.5 | 4.06% | +6.7 (10 days) | −4.6 (12 days) | +11.3 | Not significant (t 1.1) | |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 26.6 | +2.0 | 5.50% | +6.2 (31 days) | −2.1 (32 days) | +8.3 | Not significant (t 1.0) |
ORCZ's largest daily misses
The 5 days ORCZ 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 | ORCL moved | Target | ORCZ returned | Miss |
|---|---|---|---|---|---|---|
| 1 | Sep 1, 2026 | closing price | −5.23% | +10.46% | +11.48% | +1.02 pts |
| 2 | Sep 22, 2026 | closing price | +0.43% | −0.86% | −0.03% | +0.83 pts |
| 3 | Oct 29, 2026 | closing price | −3.45% | +6.89% | +6.17% | −0.72 pts |
| 4 | Aug 17, 2026 | closing price | −2.57% | +5.14% | +4.48% | −0.67 pts |
| 5 | Aug 13, 2026 | closing price | +1.92% | −3.84% | −4.45% | −0.61 pts |
The daily miss is ORCZ's return each day less minus two times ORCL'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. ORCZ ranks 60 of 75 2x inverse ETFs on its 90-day average daily miss.
The rest of the method
Up days and down days split the miss by whether ORCL 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 ORCZ is listed.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
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ETFIQ, ORCZ daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/orcz/tracking/
ETFIQ. (Nov 4, 2026). ORCZ daily tracking, listed by window. Retrieved from https://etfiq.com/funds/orcz/tracking/
[ORCZ daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/orcz/tracking/)
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