# QNTU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, QNTU missed two times Quantinuum's daily return by 43.8 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.

## QNTU daily tracking

Over the 90 days to Nov 4, 2026, QNTU missed two times Quantinuum's daily return by 43.8 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) | 31.6 | −9.3 | 6.63% | −10.6 (9 days) | −8.3 (13 days) | −2.3 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 43.8 | −9.1 | 10.37% | −15.1 (25 days) | −5.2 (38 days) | −10.0 | Not significant (t −0.6) |

### QNTU's largest daily misses

The 5 days QNTU 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 | Quantinuum moved | Target | QNTU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 12, 2026 | closing price | +27.97% | +55.94% | +53.25% | −2.69 pts |
| 2 | Aug 11, 2026 | closing price | −0.94% | −1.87% | −0.19% | +1.69 pts |
| 3 | Sep 10, 2026 | closing price | −0.45% | −0.90% | −2.27% | −1.37 pts |
| 4 | Aug 25, 2026 | closing price | +3.50% | +6.99% | +5.70% | −1.29 pts |
| 5 | Aug 7, 2026 | closing price | −0.29% | −0.58% | −1.82% | −1.24 pts |

### Method

The daily miss is QNTU's return each day less two times Quantinuum'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. QNTU ranks 400 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether Quantinuum 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 QNTU 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, QNTU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/qntu/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/qntu/tracking/
