# XXRP Tracking Error: Up vs Down Days

> Over the 90 days to Nov 4, 2026, XXRP missed two times XRP's daily return by 40.4 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.

## XXRP daily tracking

Over the 90 days to Nov 4, 2026, XXRP missed two times XRP's daily return by 40.4 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) | 30.2 | −12.7 | 5.69% | −4.9 (10 days) | −19.2 (12 days) | +14.3 | Not significant (t 0.9) |
| 90 days to Nov 4, 2026, 63 daily returns | closing price (stated) | 40.4 | −11.7 | 8.51% | −16.2 (32 days) | −7.0 (31 days) | −9.2 | Not significant (t −0.7) |
| 180 days to Nov 4, 2026, 124 daily returns | closing price (stated) | 42.4 | −10.2 | 9.38% | −8.7 (55 days) | −11.3 (69 days) | +2.6 | Not significant (t 0.2) |
| 1 year to Nov 4, 2026, 251 daily returns | closing price (stated) | 38.4 | −10.4 | 8.37% | −9.4 (110 days) | −11.3 (141 days) | +1.9 | Not significant (t 0.3) |

### XXRP's largest daily misses

The 5 days XXRP 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 | XRP moved | Target | XXRP returned | Miss |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | Jul 20, 2026 | closing price | +2.34% | +4.68% | +7.47% | +2.79 pts |
| 2 | Jul 21, 2026 | closing price | +3.64% | +7.29% | +5.22% | −2.06 pts |
| 3 | Dec 24, 2025 | closing price | −0.91% | −1.81% | −3.61% | −1.80 pts |
| 4 | Sep 2, 2026 | closing price | −0.72% | −1.44% | −2.90% | −1.46 pts |
| 5 | Aug 12, 2026 | closing price | −0.83% | −1.66% | −0.21% | +1.44 pts |

### Method

The daily miss is XXRP's return each day less two times XRP'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. XXRP ranks 375 of 494 2x leveraged ETFs on its 90-day average daily miss. Up days and down days split the miss by whether XRP 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 XXRP 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, XXRP daily tracking, listed by window, data as of Nov 4, 2026. https://etfiq.com/funds/xxrp/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/xxrp/tracking/