# TDCL Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, TDCL missed two times TDC's daily return by 32.0 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.

## TDCL daily tracking

Over the 90 days to Nov 4, 2026, TDCL missed two times TDC's daily return by 32.0 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: 11 of 22 days, from Oct 16, 2026 | NAV | 8.6 | −8.6 | 1.33% | −5.5 (6 days) | −12.3 (5 days) | +6.8 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 31.8 | −7.0 | 6.65% | −5.6 (12 days) | −8.6 (10 days) | +3.0 | Not significant (t 0.1) |
| 90 days to Nov 4, 2026: 12 of 63 days, from Sep 11, 2026 | NAV | 9.2 | −9.2 | 1.31% | −6.9 (7 days) | −12.3 (5 days) | +5.4 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 32.0 | −2.5 | 7.50% | −3.7 (34 days) | −1.2 (29 days) | −2.5 | Not significant (t −0.2) |

### TDCL's largest daily misses

The 5 days TDCL 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 | TDC moved | Target | TDCL returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 7, 2026 | closing price | +1.63% | +3.27% | +5.53% | +2.27 pts |
| 2 | Aug 14, 2026 | closing price | +0.18% | +0.36% | −0.74% | −1.10 pts |
| 3 | Oct 14, 2026 | closing price | −1.94% | −3.87% | −4.86% | −0.99 pts |
| 4 | Sep 3, 2026 | closing price | +1.88% | +3.75% | +2.84% | −0.91 pts |
| 5 | Aug 18, 2026 | closing price | +3.41% | +6.83% | +6.20% | −0.63 pts |

### Method

The daily miss is TDCL's return each day less two times TDC'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 12 of the 63 sessions. TDCL ranks 302 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether TDC 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 TDCL 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

---

Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, TDCL daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/tdcl/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/tdcl/tracking/