# TXNU Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, TXNU missed two times TXN's daily return by 23.0 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.

## TXNU daily tracking

Over the 90 days to Nov 4, 2026, TXNU missed two times TXN's daily return by 23.0 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: 19 of 22 days, from Oct 7, 2026 | NAV (stated) | 4.1 | −4.1 | 0.28% | −3.7 (9 days) | −4.3 (10 days) | +0.6 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 21.2 | −3.2 | 4.36% | −3.0 (11 days) | −3.5 (11 days) | +0.5 | Not significant (t 0.0) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 23.0 | −4.7 | 4.39% | −11.8 (35 days) | +4.3 (28 days) | −16.1 | Significant (t −2.4) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 27.5 | −5.2 | 5.78% | −11.4 (65 days) | +1.6 (59 days) | −13.0 | Significant (t −2.0) |

### TXNU's largest daily misses

The 5 days TXNU strayed furthest from its daily target in the 180 days to Nov 4, 2026, each on its NAV where ETFIQ holds it, else its closing price.

| # | Day | Read on | TXN moved | Target | TXNU returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jun 30, 2026 | closing price | +4.41% | +8.82% | +7.54% | −1.28 pts |
| 2 | Jul 1, 2026 | closing price | +0.11% | +0.23% | +1.44% | +1.22 pts |
| 3 | Jul 23, 2026 | closing price | −3.13% | −6.25% | −7.31% | −1.05 pts |
| 4 | May 26, 2026 | closing price | +5.07% | +10.14% | +9.24% | −0.90 pts |
| 5 | May 27, 2026 | closing price | −2.29% | −4.58% | −3.69% | +0.89 pts |

### Method

The daily miss is TXNU's return each day less two times TXN'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 19 of the 63 sessions. TXNU ranks 211 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether TXN 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 TXNU 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, TXNU daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/txnu/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/txnu/tracking/