As of Nov 4, 2026. Rebuilt every trading night.
SNOU daily tracking
Over the 90 days to Nov 4, 2026, SNOU missed two times SNOW's daily return by 43.7 basis points a day on average, on its closing price.
All 5
5 of 5 · click a column to sort| # | 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 | 4.6 | −4.6 | 0.45% | −4.5 (8 days) | −4.9 (5 days) | +0.4 | Not enough days | |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 33.6 | −6.4 | 6.22% | −10.7 (10 days) | −2.7 (12 days) | −8.0 | Not significant (t −0.5) | |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 43.7 | −4.8 | 9.01% | −6.4 (26 days) | −3.7 (37 days) | −2.7 | Not significant (t −0.2) | |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 42.8 | −4.0 | 8.83% | +5.6 (61 days) | −13.3 (63 days) | +18.9 | Not significant (t 1.9) | |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 58.8 | −3.8 | 12.27% | +4.4 (120 days) | −11.3 (131 days) | +15.7 | Not significant (t 1.6) |
SNOU's largest daily misses
The 5 days SNOU strayed furthest from its daily target in the 1 year to Nov 4, 2026, each on its NAV where ETFIQ holds it, else its closing price.
| # | Day | Read on | SNOW moved | Target | SNOU returned | Miss |
|---|---|---|---|---|---|---|
| 1 | Feb 18, 2026 | closing price | −0.58% | −1.15% | +1.59% | +2.74 pts |
| 2 | Jan 30, 2026 | closing price | −3.35% | −6.69% | −4.59% | +2.10 pts |
| 3 | Nov 20, 2025 | closing price | −3.29% | −6.58% | −8.63% | −2.05 pts |
| 4 | Mar 3, 2026 | closing price | −2.67% | −5.33% | −7.38% | −2.05 pts |
| 5 | Dec 5, 2025 | closing price | −2.55% | −5.09% | −7.09% | −1.99 pts |
The daily miss is SNOU's return each day less two times SNOW'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. SNOU ranks 399 of 494 2x leveraged ETFs on its 90-day average daily miss.
The rest of the method
Up days and down days split the miss by whether SNOW 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 SNOU is listed.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
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ETFIQ, SNOU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/snou/tracking/
ETFIQ. (Nov 4, 2026). SNOU daily tracking, listed by window. Retrieved from https://etfiq.com/funds/snou/tracking/
[SNOU daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/snou/tracking/)
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