# RDWU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, RDWU missed two times RDW's daily return by 40.2 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.

## RDWU daily tracking

Over the 90 days to Nov 4, 2026, RDWU missed two times RDW's daily return by 40.2 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: 13 of 22 days, from Oct 16, 2026 | NAV | 16.8 | −12.2 | 2.54% | −6.2 (7 days) | −19.1 (6 days) | +12.9 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 46.1 | −12.7 | 8.89% | −35.7 (9 days) | +3.2 (13 days) | −38.8 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 40.2 | −13.6 | 7.54% | −32.1 (28 days) | +1.8 (34 days) | −33.9 | Significant (t −2.9) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 42.2 | −11.4 | 8.42% | −23.7 (57 days) | +0.5 (65 days) | −24.1 | Significant (t −2.5) |

### RDWU's largest daily misses

The 5 days RDWU 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 | RDW moved | Target | RDWU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jun 4, 2026 | closing price | +15.09% | +30.18% | +31.87% | +1.69 pts |
| 2 | May 13, 2026 | closing price | −0.87% | −1.73% | −0.24% | +1.49 pts |
| 3 | May 28, 2026 | closing price | +7.92% | +15.83% | +14.45% | −1.38 pts |
| 4 | May 20, 2026 | closing price | +6.18% | +12.37% | +11.09% | −1.28 pts |
| 5 | May 22, 2026 | closing price | +13.94% | +27.88% | +29.11% | +1.22 pts |

### Method

The daily miss is RDWU's return each day less two times RDW'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 13 of the 63 sessions. RDWU ranks 374 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether RDW 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 RDWU 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, RDWU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/rdwu/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/rdwu/tracking/