# TSLQ Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, TSLQ missed minus two times TSLA's daily return by 8.4 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.

## TSLQ daily tracking

Over the 90 days to Nov 4, 2026, TSLQ missed minus two times TSLA's daily return by 8.4 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, 22 daily returns | closing price (stated) | 8.3 | +2.9 | 1.75% | +7.3 (8 days) | +0.3 (14 days) | +7.0 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 8.4 | +2.8 | 1.61% | +6.6 (30 days) | −0.7 (33 days) | +7.3 | Significant (t 3.1) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 8.3 | +2.8 | 1.68% | +4.8 (58 days) | +0.9 (66 days) | +3.9 | Significant (t 2.1) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 7.6 | +2.9 | 1.51% | +4.0 (123 days) | +1.9 (128 days) | +2.1 | Not significant (t 1.8) |

### TSLQ's largest daily misses

The 5 days TSLQ 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 | TSLA moved | Target | TSLQ returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jun 26, 2026 | closing price | +1.22% | −2.45% | −2.02% | +0.43 pts |
| 2 | Jul 1, 2026 | closing price | +1.12% | −2.23% | −2.53% | −0.29 pts |
| 3 | Jul 2, 2026 | closing price | −7.49% | +14.98% | +15.24% | +0.26 pts |
| 4 | Dec 2, 2025 | closing price | −0.21% | +0.42% | +0.65% | +0.24 pts |
| 5 | Nov 4, 2026 | closing price | −3.34% | +6.68% | +6.44% | −0.24 pts |

### Method

The daily miss is TSLQ's return each day less minus two times TSLA'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 its NAV or its target's is not struck at the 4:00 p.m. close. TSLQ ranks 5 of 75 2x inverse ETFs on its 90-day average daily miss. Up days and down days split the miss by whether TSLA 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 TSLQ 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, TSLQ daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/tslq/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/tslq/tracking/
