# TSEG Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, TSEG missed two times TSEM's daily return by 38.1 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.

## TSEG daily tracking

Over the 90 days to Nov 4, 2026, TSEG missed two times TSEM's daily return by 38.1 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: 20 of 22 days, from Oct 7, 2026 | NAV (stated) | 9.3 | −6.9 | 1.53% | −7.2 (8 days) | −6.8 (12 days) | −0.4 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 47.7 | −9.7 | 9.43% | −1.7 (9 days) | −15.3 (13 days) | +13.6 | Not enough days |
| 90 days to Nov 4, 2026: 22 of 63 days, from Sep 10, 2026 | NAV | 9.8 | −7.6 | 1.65% | −9.5 (9 days) | −6.2 (13 days) | −3.3 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 38.1 | −7.3 | 7.66% | +1.8 (28 days) | −14.7 (35 days) | +16.5 | Not significant (t 1.4) |

### TSEG's largest daily misses

The 5 days TSEG 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 | TSEM moved | Target | TSEG returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Nov 4, 2026 | closing price | −8.75% | −17.49% | −18.87% | −1.38 pts |
| 2 | Aug 13, 2026 | closing price | −2.83% | −5.65% | −6.65% | −0.99 pts |
| 3 | Aug 19, 2026 | closing price | −5.86% | −11.71% | −10.80% | +0.91 pts |
| 4 | Sep 24, 2026 | closing price | −5.74% | −11.47% | −10.58% | +0.89 pts |
| 5 | Aug 20, 2026 | closing price | −1.18% | −2.37% | −3.17% | −0.80 pts |

### Method

The daily miss is TSEG's return each day less two times TSEM'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 22 of the 63 sessions. TSEG ranks 354 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether TSEM 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 TSEG 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

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