# SKHN Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, SKHN missed minus two times SK Hynix's daily return by 76.8 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.

## SKHN daily tracking

Over the 90 days to Nov 4, 2026, SKHN missed minus two times SK Hynix's daily return by 76.8 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) | 173.5 | −107.0 | 67.95% | +50.3 (7 days) | −180.5 (15 days) | +230.8 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 76.8 | −36.0 | 40.67% | +14.8 (32 days) | −88.3 (31 days) | +103.1 | Not significant (t 1.6) |

### SKHN's largest daily misses

The 5 days SKHN 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 | SK Hynix moved | Target | SKHN returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Oct 30, 2026 | closing price | −7.95% | +15.89% | −0.86% | −16.75 pts |
| 2 | Nov 4, 2026 | closing price | −5.12% | +10.24% | −0.04% | −10.28 pts |
| 3 | Nov 3, 2026 | closing price | +2.09% | −4.17% | +0.13% | +4.30 pts |
| 4 | Nov 2, 2026 | closing price | −1.01% | +2.01% | +0.30% | −1.71 pts |
| 5 | Aug 25, 2026 | closing price | +2.68% | −5.35% | −4.14% | +1.21 pts |

### Method

The daily miss is SKHN's return each day less minus two times SK Hynix'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. SKHN ranks 75 of 75 2x inverse ETFs on its 90-day average daily miss. Up days and down days split the miss by whether SK Hynix 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 SKHN 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, SKHN daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/skhn/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/skhn/tracking/