# TSYX Tracking Error: Up vs Down Days

> Over the 90 days to Nov 12, 2026, TSYX missed 1.3 times TSPY's daily return by 15.9 basis points a day on average, on its closing price.

Data as of Nov 12, 2026. Rebuilt every trading night.

As of Nov 12, 2026 . Rebuilt every trading night.

## TSYX daily tracking

Over the 90 days to Nov 12, 2026, TSYX missed 1.3 times TSPY's daily return by 15.9 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 12, 2026, 22 daily returns | closing price (stated) | 18.3 | −1.3 | 3.80% | +7.8 (12 days) | −12.3 (10 days) | +20.1 | Significant (t 2.1) |
| 90 days to Nov 12, 2026, 63 daily returns | closing price (stated) | 15.9 | −1.8 | 3.41% | +0.8 (30 days) | −4.4 (32 days) | +5.2 | Not significant (t 0.9) |
| 180 days to Nov 12, 2026, 125 daily returns | closing price (stated) | 19.2 | −1.7 | 3.97% | −1.9 (61 days) | −1.1 (62 days) | −0.8 | Not significant (t −0.2) |

### TSYX's largest daily misses

The 5 days TSYX strayed furthest from its daily target in the 180 days to Nov 12, 2026, each on its NAV where ETFIQ holds it, else its closing price.

| # | Day | Read on | TSPY moved | Target | TSYX returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jul 29, 2026 | closing price | −2.02% | −2.63% | −1.90% | +0.73 pts |
| 2 | Sep 9, 2026 | closing price | −0.43% | −0.56% | −1.21% | −0.64 pts |
| 3 | Nov 10, 2026 | closing price | −0.33% | −0.42% | −1.04% | −0.61 pts |
| 4 | Jul 30, 2026 | closing price | +2.02% | +2.63% | +2.05% | −0.58 pts |
| 5 | Jul 1, 2026 | closing price | +0.20% | +0.26% | −0.31% | −0.57 pts |

### Method

The daily miss is TSYX's return each day less 1.3 times TSPY'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. TSYX is measured and not ranked: its set has 2 funds measured, under the 12 a ranking needs. Up days and down days split the miss by whether TSPY 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. TSPY 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 TSYX 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, TSYX daily tracking, listed by window, data as of Nov 12, 2026. https://etfiq.com/funds/tsyx/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/tsyx/tracking/