# UPLT Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, UPLT missed two times Platinum K-1 Free's daily return by 29.5 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.

## UPLT daily tracking

Over the 90 days to Nov 4, 2026, UPLT missed two times Platinum K-1 Free's daily return by 29.5 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 | −6.3 | 6.18% | −10.4 (10 days) | −2.9 (12 days) | −7.6 | Not significant (t −0.5) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 29.5 | −7.1 | 6.47% | −7.0 (33 days) | −7.2 (30 days) | +0.2 | Not significant (t 0.0) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 28.1 | −7.7 | 5.80% | −9.2 (61 days) | −6.1 (61 days) | −3.1 | Not significant (t −0.5) |

### UPLT's largest daily misses

The 5 days UPLT 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 | Platinum K-1 Free moved | Target | UPLT returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Oct 13, 2026 | closing price | −1.44% | −2.88% | −1.72% | +1.17 pts |
| 2 | Sep 4, 2026 | closing price | +0.06% | +0.12% | −0.94% | −1.06 pts |
| 3 | Sep 3, 2026 | closing price | +3.19% | +6.38% | +7.36% | +0.98 pts |
| 4 | Sep 24, 2026 | closing price | +0.06% | +0.13% | +1.07% | +0.94 pts |
| 5 | Aug 5, 2026 | closing price | −0.06% | −0.13% | +0.81% | +0.93 pts |

### Method

The daily miss is UPLT's return each day less two times Platinum K-1 Free'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. UPLT ranks 275 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether Platinum K-1 Free 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. Platinum K-1 Free 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 UPLT 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, UPLT daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/uplt/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/uplt/tracking/