# TPOR Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, TPOR missed three times Transportation's daily return by 20.1 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.

## TPOR daily tracking

Over the 90 days to Nov 4, 2026, TPOR missed three times Transportation's daily return by 20.1 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: 17 of 22 days, from Oct 7, 2026 | NAV | 4.3 | −4.3 | 0.42% | −4.7 (9 days) | −3.9 (8 days) | −0.8 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 25.6 | −7.7 | 5.82% | −19.7 (11 days) | +2.9 (10 days) | −22.5 | Not significant (t −1.4) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 20.1 | −5.3 | 4.52% | −17.2 (29 days) | +4.4 (33 days) | −21.6 | Significant (t −3.2) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 21.4 | −4.4 | 4.75% | −12.8 (58 days) | +2.7 (65 days) | −15.6 | Significant (t −2.9) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 24.0 | −4.4 | 5.58% | −15.4 (123 days) | +6.1 (127 days) | −21.5 | Significant (t −5.0) |

### TPOR's largest daily misses

The 5 days TPOR 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 | Transportation moved | Target | TPOR returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Apr 23, 2026 | closing price | +1.72% | +5.16% | +3.52% | −1.64 pts |
| 2 | Mar 31, 2026 | closing price | +3.35% | +10.06% | +8.50% | −1.56 pts |
| 3 | May 7, 2026 | closing price | −1.03% | −3.09% | −1.64% | +1.45 pts |
| 4 | May 8, 2026 | closing price | +0.01% | +0.04% | −1.21% | −1.25 pts |
| 5 | Apr 22, 2026 | closing price | −2.33% | −6.98% | −5.79% | +1.19 pts |

### Method

The daily miss is TPOR's return each day less three times Transportation'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 17 of the 63 sessions. TPOR ranks 27 of 31 3x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether Transportation 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. Transportation 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 TPOR 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, TPOR daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/tpor/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/tpor/tracking/
