{"url":"https://etfiq.com/leveraged-etf-tracking/one-times-inverse/","section":"leveraged-etf-tracking","title":"1x Inverse ETF Tracking Error, Ranked | ETFIQ","description":"As of Nov 4, 2026, PSQ missed its daily target by 3.8 basis points a day on average over 90 days, the closest of 34 1x inverse ETFs.","as_of":"Nov 4, 2026","structured_data":[{"@type":"ItemList","name":"1x inverse ETFs ranked by daily 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inverse ETFs ranked by daily tracking","description":"As of Nov 4, 2026, PSQ missed its daily target by 3.8 basis points a day on average over 90 days, the closest of 34 1x inverse ETFs.","url":"https://etfiq.com/leveraged-etf-tracking/one-times-inverse/","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC 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ETFs.","url":"https://etfiq.com/leveraged-etf-tracking/one-times-inverse/","dateModified":"2026-11-04","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":6562,"truncated":false,"content":"ETFIQ / Leverage / Tracking / 1x inverse ETFs \n \n As of Nov 4, 2026 . Rebuilt every trading night.\n 1x inverse ETFs ranked by daily tracking\n As of Nov 4, 2026, PSQ missed its daily target by 3.8 basis points a day on average over 90 days, the closest of 34 1x inverse ETFs. See 34 funds ranked by average daily miss, smallest first. Updated Nov 4, 2026.\n 1x inverse ETFs ranked by daily tracking, ranked by average daily miss, smallest first, as of Nov 4, 2026. 90 days to Nov 4, 2026, on closing prices. Source: ETFIQ. # Ticker Fund Issuer Average daily miss, bp Tracking error Up days less down days, bp Confidence On NAV, bp \n 1 PSQ ProShares Short QQQ ProShares 3.8 0.69% 0.0 Not significant (t \u22120.0) 3.4 (13 days) \n 2 SH ProShares Short S&P500 ProShares 3.8 0.62% \u22120.6 Not significant (t \u22120.6) 2.8 (60 days) \n 3 DOG ProShares Short Dow30 ProShares 4.3 0.70% +0.8 Not significant (t 0.7) 2.7 (60 days) \n 4 SEF ProShares Short Financials ProShares 4.9 0.92% +0.5 Not significant (t 0.3) 2.8 (60 days) \n 5 RWM ProShares Short Russell2000 ProShares 5.5 1.03% \u22120.9 Not significant (t \u22120.5) 2.6 (61 days) \n 6 MYY ProShares Short MidCap400 ProShares 5.7 1.14% \u22122.9 Not significant (t \u22121.6) 2.5 (61 days) \n 7 TSLS Direxion Daily TSLA Bear 1X ETF Direxion 5.8 1.10% +0.8 Not significant (t 0.4) 3.4 (17 days) \n 8 GGLS Direxion Daily GOOGL Bear 1X ETF Direxion 6.2 1.31% 0.0 Not significant (t 0.0) 2.4 (20 days) \n 9 NFXS Direxion Daily NFLX Bear 1X ETF Direxion 6.7 1.38% \u22121.2 Not significant (t \u22120.5) 3.4 (15 days) \n 10 SBB ProShares Short SmallCap600 ProShares 6.8 1.44% \u22122.4 Not significant (t \u22121.0) 2.5 (61 days) \n 11 AMDD Direxion Daily AMD Bear 1X ETF Direxion 6.9 1.32% +2.2 Not significant (t 1.1) 3.2 (19 days) \n 12 NVDD Direxion Daily NVDA Bear 1X ETF Direxion 7.0 1.33% +0.3 Not significant (t 0.1) 3.2 (19 days) \n 13 AMZD Direxion Daily AMZN Bear 1X ETF Direxion 7.1 1.38% \u22124.3 Significant (t \u22122.0) 3.9 (19 days) \n 14 EFZ ProShares Short MSCI EAFE ProShares 7.2 1.43% \u22123.4 Not significant (t \u22121.6) not read \n 15 BITI ProShares Short Bitcoin ETF ProShares 7.4 1.43% \u22122.4 Not significant (t \u22121.1) 5.6 (61 days) \n 16 REK ProShares Short Real Estate ProShares 7.8 1.53% +0.6 Not significant (t 0.2) 2.8 (60 days) \n 17 MSFD Direxion Daily MSFT Bear 1X ETF Direxion 8.0 1.73% +1.7 Not significant (t 0.6) 3.6 (18 days) \n 18 METD Direxion Daily META Bear 1X ETF Direxion 8.3 1.74% \u22124.3 Not significant (t \u22121.6) 3.6 (17 days) \n 19 SKHZ Leverage Shares 1X Short SK Hynix Daily ETF Leverage Shares 8.5 1.63% +4.1 Not significant (t 1.6) 5.5 (12 days) \n 20 EUM ProShares Short MSCI Emerging Markets ProShares 8.7 1.88% \u22122.4 Not significant (t \u22120.8) not read \n 21 SPDN Direxion Daily S&P 500 Bear 1X ETF Direxion 9.2 1.71% \u22120.5 Not significant (t \u22120.2) 5.0 (20 days) \n 22 YXI ProShares Short FTSE China 50 ProShares 9.2 2.22% +2.4 Not significant (t 0.7) not read \n 23 TBF ProShares Short 20+ Year Treasury ProShares 9.3 1.80% \u22124.5 Not significant (t \u22121.6) 2.7 (60 days) \n 24 AVS Direxion Daily AVGO Bear 1X ETF Direxion 9.4 1.87% +5.0 Not significant (t 1.8) 4.1 (19 days) \n 25 AAPD Direxion Daily AAPL Bear 1X ETF Direxion 9.6 1.77% +5.4 Not significant (t 1.9) 3.9 (19 days) \n 26 SETH ProShares Short Ether ETF ProShares 9.7 1.95% \u22121.7 Not significant (t \u22120.5) 7.9 (61 days) \n 27 PALD Direxion Daily PANW Bear 1X ETF Direxion 9.8 1.83% +0.1 Not significant (t 0.0) 4.6 (17 days) \n 28 CSCS Direxion Daily CSCO Bear 1X ETF Direxion 9.9 2.12% +1.1 Not significant (t 0.3) 3.1 (19 days) \n 29 QCMD Direxion Daily QCOM Bear 1X ETF Direxion 10.4 2.18% \u22121.5 Not significant (t \u22120.5) 4.6 (18 days) \n 30 PLTD Direxion Daily PLTR Bear 1X ETF Direxion 11.0 2.24% \u22121.3 Not significant (t \u22120.3) 6.2 (17 days) \n 31 SARK Tradr 1X Short Innovation Daily ETF Tradr 11.1 2.29% \u22127.3 Significant (t \u22122.1) not read \n 32 MUD Direxion Daily MU Bear 1X ETF Direxion 11.2 2.59% +5.0 Not significant (t 1.2) 4.5 (19 days) \n 33 TSMZ Direxion Daily TSM Bear 1X ETF Direxion 12.3 2.39% +6.2 Not significant (t 1.6) 6.5 (20 days) \n 34 ORCS Direxion Daily ORCL Bear 1X ETF Direxion 16.7 3.40% \u221210.7 Significant (t \u22122.0) 2.8 (19 days) \n \n Method\n The daily miss is the fund's return each day less minus one times its underlying's return that day, in basis points (hundredths of a percentage point), averaged over the 90 days to the date above, on closing prices for every fund. Smaller is closer. Tracking error is the spread of the daily misses, annualized. Up days less down days compares the average miss on days the underlying rose with days it fell; Significant means the gap is at least two standard errors from zero. The NAV reading is the same miss on the issuer's NAV, where ETFIQ holds it for the fund and its underlying. 2 more funds in this set are measured and not ranked; each fund page says why. The list sorts one published number, with no scoring or weighting. Every one of the 36 1x inverse ETFs ETFIQ measures is eligible.\n Where to next\n Leveraged ETF tracking by issuer 2x leveraged ETFs ranked by daily tracking 3x leveraged ETFs ranked by daily tracking 2x inverse ETFs ranked by daily tracking 3x inverse ETFs ranked by daily tracking How daily tracking is measured The tracking data file Sources\n The multiple each fund states in its own registered name, from the SEC investment company series and class file SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, 1x inverse ETFs ranked by daily tracking, ranked by average daily miss, smallest first, data as of Nov 4, 2026. https://etfiq.com/leveraged-etf-tracking/one-times-inverse/ Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, 1x inverse ETFs ranked by daily tracking, ranked by average daily miss, smallest first, data as of Nov 4, 2026. https://etfiq.com/leveraged-etf-tracking/one-times-inverse/ APA ETFIQ. (Nov 4, 2026). 1x inverse ETFs ranked by daily tracking, ranked by average daily miss, smallest first. Retrieved from https://etfiq.com/leveraged-etf-tracking/one-times-inverse/ Markdown [1x inverse ETFs ranked by daily tracking, ranked by average daily miss, smallest first (ETFIQ, Nov 4, 2026)](https://etfiq.com/leveraged-etf-tracking/one-times-inverse/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, 1x inverse ETFs ranked by daily tracking, ranked by average daily miss, smallest first, data as of Nov 4, 2026. https://etfiq.com/leveraged-etf-tracking/one-times-inverse/"}