# XOMX Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, XOMX missed two times XOM's daily return by 21.2 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.

## XOMX daily tracking

Over the 90 days to Nov 4, 2026, XOMX missed two times XOM's daily return by 21.2 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) | 3.7 | −3.7 | 0.29% | −4.1 (13 days) | −3.0 (6 days) | −1.1 | Not enough days |
| 30 days to Nov 4, 2026, 22 daily returns | closing price | 22.0 | −0.8 | 4.72% | −4.3 (14 days) | +5.5 (8 days) | −9.7 | Not enough days |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 21.2 | −2.5 | 4.31% | −4.0 (36 days) | −0.4 (27 days) | −3.5 | Not significant (t −0.5) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 24.6 | −2.9 | 5.01% | −2.4 (69 days) | −3.6 (55 days) | +1.3 | Not significant (t 0.2) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 26.3 | −3.5 | 5.39% | −3.1 (141 days) | −4.0 (109 days) | +0.8 | Not significant (t 0.2) |

### XOMX's largest daily misses

The 5 days XOMX strayed furthest from its daily target in the 1 year to Nov 4, 2026, each on its NAV where ETFIQ holds it, else its closing price.

| # | Day | Read on | XOM moved | Target | XOMX returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Mar 31, 2026 | closing price | −1.06% | −2.11% | −3.30% | −1.19 pts |
| 2 | Apr 20, 2026 | closing price | +0.85% | +1.69% | +0.73% | −0.97 pts |
| 3 | Jun 2, 2026 | closing price | +0.12% | +0.24% | +1.21% | +0.97 pts |
| 4 | Jun 1, 2026 | closing price | +2.84% | +5.67% | +4.71% | −0.96 pts |
| 5 | Feb 12, 2026 | closing price | −2.96% | −5.91% | −6.86% | −0.95 pts |

### Method

The daily miss is XOMX's return each day less two times XOM'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. XOMX ranks 189 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether XOM 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 XOMX 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, XOMX daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/xomx/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/xomx/tracking/