# XHOA Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, XHOA missed its daily target by 14.3 basis points a day on average. No fund is recommended.

Data as of Nov 4, 2026. Rebuilt every trading night.

As of Nov 4, 2026 . Rebuilt every trading night.

## XHOA daily tracking

Over the 90 days to Nov 4, 2026, XHOA missed two times MSCI US Investable Market Real Estate 25/50's daily return by 14.3 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: 20 of 22 days, from Oct 7, 2026 | NAV (stated) | 7.3 | −5.5 | 1.16% | −8.8 (13 days) | +0.6 (7 days) | −9.5 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 13.5 | −6.0 | 2.43% | −9.6 (15 days) | +1.6 (7 days) | −11.2 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 14.3 | −4.8 | 2.79% | −8.8 (28 days) | −1.2 (34 days) | −7.7 | Not significant (t −1.7) |

### XHOA's largest daily misses

The 5 days XHOA 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 | MSCI US Investable Market Real Estate 25/50 moved | Target | XHOA returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Sep 1, 2026 | closing price | −0.16% | −0.32% | −0.83% | −0.51 pts |
| 2 | Oct 2, 2026 | closing price | +0.32% | +0.64% | +0.26% | −0.38 pts |
| 3 | Aug 19, 2026 | closing price | +0.81% | +1.61% | +1.25% | −0.36 pts |
| 4 | Sep 2, 2026 | closing price | −0.70% | −1.41% | −1.06% | +0.34 pts |
| 5 | Sep 10, 2026 | closing price | −0.83% | −1.66% | −1.98% | −0.32 pts |

### Method

The daily miss is XHOA's return each day less two times MSCI US Investable Market Real Estate 25/50'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 20 of the 63 sessions. XHOA ranks 74 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether MSCI US Investable Market Real Estate 25/50 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. MSCI US Investable Market Real Estate 25/50 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 XHOA 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, XHOA daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/xhoa/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/xhoa/tracking/