# TSLT Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, TSLT missed two times TESLA's daily return by 9.8 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.

## TSLT daily tracking

Over the 90 days to Nov 4, 2026, TSLT missed two times TESLA's daily return by 9.8 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 | 6.2 | −5.8 | 0.71% | −4.0 (6 days) | −8.1 (5 days) | +4.1 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price (stated) | 11.4 | −5.1 | 2.17% | −8.0 (8 days) | −3.4 (14 days) | −4.6 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 9.8 | −5.6 | 1.78% | −7.5 (30 days) | −3.8 (33 days) | −3.7 | Not significant (t −1.3) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 12.2 | −5.7 | 2.47% | −7.0 (58 days) | −4.5 (66 days) | −2.5 | Not significant (t −0.9) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 13.2 | −6.1 | 2.59% | −8.4 (123 days) | −3.9 (128 days) | −4.5 | Significant (t −2.2) |

### TSLT's largest daily misses

The 5 days TSLT 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 | TESLA moved | Target | TSLT returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jun 11, 2026 | closing price | +4.60% | +9.20% | +8.52% | −0.68 pts |
| 2 | Jan 28, 2026 | closing price | +0.13% | +0.26% | −0.33% | −0.59 pts |
| 3 | Jan 29, 2026 | closing price | −3.45% | −6.91% | −6.43% | +0.48 pts |
| 4 | Jan 6, 2026 | closing price | −4.14% | −8.28% | −7.83% | +0.46 pts |
| 5 | Jun 26, 2026 | closing price | +1.22% | +2.45% | +2.01% | −0.44 pts |

### Method

The daily miss is TSLT's return each day less two times TESLA'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 11 of the 63 sessions. TSLT ranks 28 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether TESLA 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 TSLT 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, TSLT daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/tslt/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/tslt/tracking/