{"url":"https://etfiq.com/funds/tecs/tracking/","section":"funds","title":"TECS Tracking Error: Up vs Down Days | ETFIQ","description":"Over the 90 days to Nov 4, 2026, TECS missed minus three times Technology's daily return by 13.7 basis points a day on average, on its closing price.","as_of":"Nov 4, 2026","structured_data":[{"@type":"ItemList","name":"TECS daily tracking","numberOfItems":5,"itemListOrder":"https://schema.org/ItemListUnordered","itemListElement":[{"@type":"ListItem","position":1,"name":"30 days to Nov 4, 2026: 19 of 22 days, from Oct 7, 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":"ListItem","position":4,"name":"180 days to Nov 4, 2026, 124 daily returns"},{"@type":"ListItem","position":5,"name":"1 year to Nov 4, 2026, 251 daily returns"}]},{"@type":"Dataset","name":"TECS daily tracking","description":"Over the 90 days to Nov 4, 2026, TECS missed minus three times Technology's daily return by 13.7 basis points a day on average, on its closing price.","url":"https://etfiq.com/funds/tecs/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":"TECS","item":"https://etfiq.com/funds/tecs"},{"@type":"ListItem","position":3,"name":"Tracking","item":"https://etfiq.com/funds/tecs/tracking/"}]},{"@type":"WebPage","name":"TECS Tracking Error: Up vs Down Days","description":"Over the 90 days to Nov 4, 2026, TECS missed minus three times Technology's daily return by 13.7 basis points a day on average, on its closing price.","url":"https://etfiq.com/funds/tecs/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":4128,"truncated":false,"content":"ETFIQ / TECS / Tracking \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n TECS daily tracking\n Over the 90 days to Nov 4, 2026, TECS missed minus three times Technology's daily return by 13.7 basis points a day on average, on its closing price.\n TECS 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: 19 of 22 days, from Oct 7, 2026 NAV (stated) 5.6 +5.6 0.59% +6.7 (7 days) +4.9 (12 days) +1.8 Not enough days \n 30 days to Nov 4, 2026, 22 daily returns closing price 20.3 +4.3 4.45% +8.9 (9 days) +1.1 (13 days) +7.8 Not enough days \n 90 days to Nov 4, 2026, 63 daily returns closing price (stated) 13.7 +5.3 3.06% +7.7 (32 days) +3.1 (30 days) +4.6 Not significant (t 0.9) \n 180 days to Nov 4, 2026, 124 daily returns closing price (stated) 14.9 +5.5 3.02% +5.5 (62 days) +5.6 (61 days) 0.0 Not significant (t \u22120.0) \n 1 year to Nov 4, 2026, 251 daily returns closing price (stated) 12.6 +5.6 2.50% +5.9 (144 days) +5.3 (105 days) +0.6 Not significant (t 0.3) \n \n TECS's largest daily misses\n The 5 days TECS 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.\n TECS's largest daily misses, as of Nov 4, 2026. Source: ETFIQ. # Day Read on Technology moved Target TECS returned Miss \n 1 Jun 10, 2026 closing price \u22122.29% +6.87% +7.37% +0.50 pts \n 2 Dec 18, 2025 closing price +1.54% \u22124.63% \u22124.24% +0.39 pts \n 3 Jan 16, 2026 closing price +0.11% \u22120.33% +0.06% +0.39 pts \n 4 Jun 26, 2026 closing price \u22121.87% +5.62% +6.01% +0.39 pts \n 5 Sep 28, 2026 closing price \u22120.89% +2.66% +3.05% +0.39 pts \n \n Method\n The daily miss is TECS's return each day less minus three times Technology'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 19 of the 63 sessions. TECS ranks 12 of 19 3x inverse ETFs on its 90-day average daily miss. Up days and down days split the miss by whether Technology 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. Technology is itself an ETF, so its own fee and tracking are inside the miss. 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 TECS is listed.\n Where to next\n TECS fund page 3x 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, TECS daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/tecs/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, TECS daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/tecs/tracking/ APA ETFIQ. (Nov 4, 2026). TECS daily tracking, listed by window. Retrieved from https://etfiq.com/funds/tecs/tracking/ Markdown [TECS daily tracking, listed by window (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/tecs/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, TECS daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/tecs/tracking/"}