# UECG Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, UECG missed two times UEC's daily return by 153.3 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.

## UECG daily tracking

Over the 90 days to Nov 4, 2026, UECG missed two times UEC's daily return by 153.3 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) | 357.6 | +70.9 | 91.99% | −381.4 (8 days) | +329.3 (14 days) | −710.7 | Not enough days |
| 90 days to Nov 4, 2026: 10 of 63 days, from Sep 11, 2026 | NAV | 14.5 | −11.5 | 1.97% | +0.6 (2 days) | −14.6 (8 days) | +15.1 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 153.3 | +19.6 | 54.36% | −135.0 (25 days) | +121.3 (38 days) | −256.3 | Significant (t −3.0) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 108.5 | +6.1 | 39.80% | −72.9 (54 days) | +67.0 (70 days) | −139.8 | Significant (t −3.2) |

### UECG's largest daily misses

The 5 days UECG 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 | UEC moved | Target | UECG returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Oct 27, 2026 | closing price | +8.06% | +16.13% | 0.00% | −16.13 pts |
| 2 | Oct 30, 2026 | closing price | −5.40% | −10.80% | 0.00% | +10.80 pts |
| 3 | Oct 22, 2026 | closing price | −5.32% | −10.63% | 0.00% | +10.63 pts |
| 4 | Nov 4, 2026 | closing price | −4.89% | −9.79% | 0.00% | +9.79 pts |
| 5 | Oct 28, 2026 | closing price | +3.73% | +7.46% | 0.00% | −7.46 pts |

### Method

The daily miss is UECG's return each day less two times UEC'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 10 of the 63 sessions. UECG ranks 494 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether UEC 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 UECG 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, UECG daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/uecg/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/uecg/tracking/