# PLU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, PLU missed two times PL's daily return by 48.5 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.

## PLU daily tracking

Over the 90 days to Nov 4, 2026, PLU missed two times PL's daily return by 48.5 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: 19 of 22 days, from Oct 7, 2026 | NAV (stated) | 16.6 | −15.8 | 2.57% | −16.8 (7 days) | −15.3 (12 days) | −1.4 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 44.3 | −18.9 | 8.83% | −19.1 (8 days) | −18.8 (14 days) | −0.4 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 48.5 | −17.6 | 9.13% | −15.4 (19 days) | −20.8 (42 days) | +5.4 | Not significant (t 0.3) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 55.9 | −16.9 | 10.67% | −18.5 (46 days) | −17.3 (76 days) | −1.3 | Not significant (t −0.1) |

### PLU's largest daily misses

The 5 days PLU 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 | PL moved | Target | PLU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jul 2, 2026 | closing price | −0.73% | −1.46% | −3.28% | −1.83 pts |
| 2 | Jun 8, 2026 | closing price | +1.61% | +3.23% | +1.73% | −1.49 pts |
| 3 | Sep 22, 2026 | closing price | −0.94% | −1.87% | −3.34% | −1.47 pts |
| 4 | May 11, 2026 | closing price | +7.17% | +14.34% | +12.90% | −1.44 pts |
| 5 | May 19, 2026 | closing price | −0.05% | −0.10% | −1.52% | −1.42 pts |

### Method

The daily miss is PLU's return each day less two times PL'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 19 of the 63 sessions. PLU ranks 430 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether PL 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. 1 NAV day was held out, where the NAV and the closing price disagreed about the day: Oct 28, 2026. 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 PLU 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, PLU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/plu/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/plu/tracking/