{"url":"https://etfiq.com/funds/skdd/tracking/","section":"funds","title":"SKDD Tracking Error: Up vs Down Days | ETFIQ","description":"Over the 90 days to Nov 4, 2026, SKDD missed its daily target by 15.6 basis points a day on average. No fund is recommended.","as_of":"Nov 4, 2026","structured_data":[{"@type":"ItemList","name":"SKDD daily tracking","numberOfItems":3,"itemListOrder":"https://schema.org/ItemListUnordered","itemListElement":[{"@type":"ListItem","position":1,"name":"30 days to Nov 4, 2026: 11 of 22 days, from Oct 16, 2026"},{"@type":"ListItem","position":2,"name":"30 days to Nov 4, 2026, 22 daily returns"},{"@type":"ListItem","position":3,"name":"90 days to Nov 4, 2026, 63 daily returns"}]},{"@type":"Dataset","name":"SKDD daily tracking","description":"Over the 90 days to Nov 4, 2026, SKDD missed its daily target by 15.6 basis points a day on average. No fund is recommended.","url":"https://etfiq.com/funds/skdd/tracking/","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"SKDD","item":"https://etfiq.com/funds/skdd"},{"@type":"ListItem","position":3,"name":"Tracking","item":"https://etfiq.com/funds/skdd/tracking/"}]},{"@type":"WebPage","name":"SKDD Tracking Error: Up vs Down Days","description":"Over the 90 days to Nov 4, 2026, SKDD missed its daily target by 15.6 basis points a day on average. No fund is recommended.","url":"https://etfiq.com/funds/skdd/tracking/","dateModified":"2026-11-04","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3842,"truncated":false,"content":"ETFIQ / SKDD / Tracking \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n SKDD daily tracking\n Over the 90 days to Nov 4, 2026, SKDD missed minus two times SKHY (from its own objective)'s daily return by 15.6 basis points a day on average, on its closing price.\n SKDD daily tracking, listed by window, as of Nov 4, 2026. Each row names its window, its last day and its count of daily returns. Source: ETFIQ. Window Read on Average daily miss, bp Signed average, bp Tracking error Up days, bp Down days, bp Up less down, bp Confidence \n 30 days to Nov 4, 2026: 11 of 22 days, from Oct 16, 2026 NAV 5.9 \u22124.0 1.22% \u22124.7 (5 days) \u22123.4 (6 days) \u22121.2 Not enough days \n 30 days to Nov 4, 2026, 22 daily returns closing price (stated) 17.9 \u22124.0 3.42% \u221212.6 (7 days) 0.0 (15 days) \u221212.6 Not enough days \n 90 days to Nov 4, 2026, 63 daily returns closing price (stated) 15.6 \u22121.6 3.17% \u22120.8 (32 days) \u22122.3 (31 days) +1.5 Not significant (t 0.3) \n \n SKDD's largest daily misses\n The 5 days SKDD 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.\n SKDD's largest daily misses, as of Nov 4, 2026. Source: ETFIQ. # Day Read on SKHY (from its own objective) moved Target SKDD returned Miss \n 1 Sep 9, 2026 closing price +7.05% \u221214.10% \u221214.71% \u22120.61 pts \n 2 Sep 18, 2026 closing price +2.46% \u22124.93% \u22125.38% \u22120.45 pts \n 3 Oct 6, 2026 closing price \u22126.39% +12.78% +12.40% \u22120.38 pts \n 4 Aug 27, 2026 closing price +2.27% \u22124.54% \u22124.21% +0.33 pts \n 5 Aug 13, 2026 closing price +7.29% \u221214.58% \u221214.91% \u22120.32 pts \n \n Method\n The daily miss is SKDD's return each day less minus two times SKHY (from its own objective)'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 11 of the 63 sessions. SKDD ranks 25 of 75 2x inverse ETFs on its 90-day average daily miss. Up days and down days split the miss by whether SKHY (from its own objective) 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 SKDD is listed.\n Where to next\n SKDD fund page 2x inverse ETFs ranked by daily tracking Leveraged ETF tracking by issuer How daily tracking is measured The tracking data file Sources\n The multiple each fund states in its own registered name, from the SEC investment company series and class file SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, SKDD daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/skdd/tracking/ Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, SKDD daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/skdd/tracking/ APA ETFIQ. (Nov 4, 2026). SKDD daily tracking, listed by window. Retrieved from https://etfiq.com/funds/skdd/tracking/ Markdown [SKDD daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/skdd/tracking/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, SKDD daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/skdd/tracking/"}