# TTMX Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, TTMX missed two times TTMI's daily return by 40.6 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.

## TTMX daily tracking

Over the 90 days to Nov 4, 2026, TTMX missed two times TTMI's daily return by 40.6 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) | 25.3 | −8.2 | 5.57% | −19.4 (9 days) | −0.5 (13 days) | −18.9 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 40.6 | −12.2 | 10.26% | −27.8 (34 days) | +6.1 (29 days) | −33.9 | Significant (t −2.2) |

### TTMX's largest daily misses

The 5 days TTMX 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 | TTMI moved | Target | TTMX returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Aug 7, 2026 | closing price | +0.63% | +1.25% | −2.16% | −3.42 pts |
| 2 | Aug 13, 2026 | closing price | +0.56% | +1.13% | −0.35% | −1.48 pts |
| 3 | Aug 27, 2026 | closing price | +2.49% | +4.98% | +3.51% | −1.47 pts |
| 4 | Aug 14, 2026 | closing price | +0.81% | +1.61% | +2.90% | +1.29 pts |
| 5 | Sep 11, 2026 | closing price | +3.35% | +6.70% | +5.71% | −0.99 pts |

### Method

The daily miss is TTMX's return each day less two times TTMI'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. TTMX ranks 377 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether TTMI 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 TTMX 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, TTMX daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/ttmx/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/ttmx/tracking/