# SKHU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, SKHU missed its daily target by 19.7 basis points a day on average. No fund is recommended.

Data as of Nov 4, 2026. Rebuilt every trading night.

As of Nov 4, 2026 . Rebuilt every trading night.

## SKHU daily tracking

Over the 90 days to Nov 4, 2026, SKHU missed two times SKHY (from its own objective)'s daily return by 19.7 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 19, 2026 | NAV | 7.2 | −7.2 | 0.85% | −7.1 (7 days) | −7.3 (6 days) | +0.2 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 24.1 | −6.7 | 4.28% | −3.9 (7 days) | −8.1 (15 days) | +4.2 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 19.7 | −8.3 | 3.65% | −6.6 (32 days) | −10.1 (31 days) | +3.4 | Not significant (t 0.6) |

### SKHU's largest daily misses

The 5 days SKHU 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 | SKHY (from its own objective) moved | Target | SKHU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 28, 2026 | closing price | −0.35% | −0.71% | −1.29% | −0.58 pts |
| 2 | Oct 9, 2026 | closing price | −0.86% | −1.72% | −2.20% | −0.48 pts |
| 3 | Sep 25, 2026 | closing price | +2.78% | +5.57% | +5.11% | −0.46 pts |
| 4 | Aug 31, 2026 | closing price | +2.22% | +4.43% | +4.82% | +0.39 pts |
| 5 | Oct 13, 2026 | closing price | −3.19% | −6.37% | −5.99% | +0.39 pts |

### Method

The daily miss is SKHU's return each day less 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 13 of the 63 sessions. SKHU ranks 168 of 494 2x leveraged 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 SKHU 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, SKHU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/skhu/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/skhu/tracking/