As of Nov 4, 2026. Rebuilt every trading night.
3x leveraged ETFs ranked by daily tracking
As of Nov 4, 2026, TQQQ missed its daily target by 4.9 basis points a day on average over 90 days, the closest of 31 3x leveraged ETFs. See 31 funds ranked by average daily miss, smallest first. Updated Nov 4, 2026.
All 31, lowest first
31 of 31 · click a column to sort| # | Ticker | Fund | Issuer | Average daily miss, bp ↑ | Tracking error | Up days less down days, bp | Confidence | On NAV, bp |
|---|---|---|---|---|---|---|---|---|
| 1 | TQQQ | ProShares UltraPro QQQ | ProShares | 4.9 | 0.78% | −3.0 | Significant (t −2.5) | 5.1 (13 days) |
| 2 | UDOW | ProShares UltraPro Dow30 | ProShares | 5.1 | 0.74% | −2.7 | Significant (t −2.4) | 4.2 (60 days) |
| 3 | UPRO | ProShares UltraPro S&P500 | ProShares | 5.1 | 0.84% | −1.3 | Not significant (t −0.9) | 4.1 (60 days) |
| 4 | SPXL | Direxion Daily S&P 500 Bull 3X ETF | Direxion | 5.3 | 0.85% | −1.3 | Not significant (t −0.9) | 4.0 (19 days) |
| 5 | TNA | Direxion Daily Small Cap Bull 3X ETF | Direxion | 6.2 | 1.10% | −4.4 | Significant (t −2.6) | 5.9 (18 days) |
| 6 | URTY | ProShares UltraPro Russell2000 | ProShares | 6.8 | 1.24% | −5.2 | Significant (t −2.8) | 4.0 (61 days) |
| 7 | TMF | Direxion Daily 20+ Year Treasury Bull 3X ETF | Direxion | 8.8 | 1.72% | −6.5 | Significant (t −2.5) | 10.8 (17 days) |
| 8 | TYD | Direxion Daily 7-10 Year Treasury Bull 3X ETF | Direxion | 10.1 | 1.87% | 0.0 | Not significant (t 0.0) | 5.9 (19 days) |
| 9 | WEBL | Direxion Daily Dow Jones Internet Bull 3X ETF | Direxion | 10.2 | 1.93% | −7.0 | Significant (t −2.4) | 5.0 (20 days) |
| 10 | FAS | Direxion Daily Financial Bull 3X ETF | Direxion | 10.8 | 2.13% | −11.3 | Significant (t −3.6) | 4.4 (17 days) |
| 11 | CURE | Direxion Daily Healthcare Bull 3X ETF | Direxion | 10.9 | 2.25% | −6.5 | Not significant (t −1.8) | 3.9 (17 days) |
| 12 | YINN | Direxion Daily FTSE China Bull 3X ETF | Direxion | 11.5 | 2.21% | −4.3 | Not significant (t −1.2) | not read |
| 13 | TECL | Direxion Daily Technology Bull 3X ETF | Direxion | 11.5 | 2.27% | −0.8 | Not significant (t −0.2) | 4.4 (19 days) |
| 14 | MIDU | Direxion Daily Mid Cap Bull 3X ETF | Direxion | 11.7 | 2.37% | −0.3 | Not significant (t −0.1) | 4.3 (17 days) |
| 15 | DFEN | Direxion Daily Aerospace & Defense Bull 3X ETF | Direxion | 12.4 | 2.46% | +9.0 | Significant (t 2.4) | 3.9 (17 days) |
| 16 | EDC | Direxion Daily MSCI Emerging Markets Bull 3X ETF | Direxion | 12.6 | 2.52% | −5.5 | Not significant (t −1.4) | not read |
| 17 | WANT | Direxion Daily Consumer Discretionary Bull 3X ETF | Direxion | 12.7 | 2.58% | −16.7 | Significant (t −4.6) | 4.4 (17 days) |
| 18 | UTSL | Direxion Daily Utilities Bull 3X ETF | Direxion | 13.0 | 2.43% | −8.0 | Significant (t −2.1) | 4.5 (18 days) |
| 19 | DRN | Direxion Daily Real Estate Bull 3X ETF | Direxion | 13.1 | 2.42% | −4.3 | Not significant (t −1.1) | 4.5 (17 days) |
| 20 | UMDD | ProShares UltraPro MidCap400 | ProShares | 15.2 | 3.01% | +1.5 | Not significant (t 0.3) | 4.0 (61 days) |
| 21 | LABU | Direxion Daily S&P Biotech Bull 3X ETF | Direxion | 15.6 | 3.17% | −3.2 | Not significant (t −0.6) | 4.0 (17 days) |
| 22 | DPST | Direxion Daily Regional Banks Bull 3X ETF | Direxion | 16.4 | 3.27% | −14.3 | Significant (t −2.8) | 4.3 (17 days) |
| 23 | NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | Direxion | 16.4 | 3.24% | −14.4 | Significant (t −3.0) | 4.3 (17 days) |
| 24 | RETL | Direxion Daily Retail Bull 3X ETF | Direxion | 17.6 | 3.56% | −17.3 | Significant (t −3.2) | 5.5 (16 days) |
| 25 | SOXL | Direxion Daily Semiconductor Bull 3X ETF | Direxion | 17.7 | 3.54% | −16.8 | Significant (t −3.2) | 7.1 (19 days) |
| 26 | DUSL | Direxion Daily Industrials Bull 3X ETF | Direxion | 17.8 | 3.33% | −8.7 | Not significant (t −1.7) | 4.1 (19 days) |
| 27 | TPOR | Direxion Daily Transportation Bull 3X ETF | Direxion | 20.1 | 4.52% | −21.6 | Significant (t −3.2) | 4.3 (17 days) |
| 28 | EURL | Direxion Daily FTSE Europe Bull 3X ETF | Direxion | 24.1 | 4.88% | +6.2 | Not significant (t 0.8) | not read |
| 29 | MEXX | Direxion Daily MSCI Mexico Bull 3X ETF | Direxion | 26.1 | 5.57% | −24.8 | Significant (t −2.9) | not read |
| 30 | HIBL | Direxion Daily S&P 500 High Beta Bull 3X ETF | Direxion | 30.4 | 6.33% | −1.4 | Not significant (t −0.1) | 3.8 (11 days) |
| 31 | PILL | Direxion Daily Pharmaceutical & Medical Bull 3X ETF | Direxion | 41.5 | 8.68% | −6.7 | Not significant (t −0.5) | 5.7 (17 days) |
The daily miss is the fund's return each day less three 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.
The rest of the method
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. The list sorts one published number, with no scoring or weighting. Every one of the 31 3x leveraged ETFs ETFIQ measures is eligible.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
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ETFIQ, 3x leveraged ETFs ranked by daily tracking, ranked by average daily miss, smallest first, data as of Nov 4, 2026. https://etfiq.com/leveraged-etf-tracking/three-times-long/
ETFIQ. (Nov 4, 2026). 3x leveraged ETFs ranked by daily tracking, ranked by average daily miss, smallest first. Retrieved from https://etfiq.com/leveraged-etf-tracking/three-times-long/
[3x leveraged ETFs ranked by daily tracking, ranked by average daily miss, smallest first (ETFIQ, Nov 4, 2026)](https://etfiq.com/leveraged-etf-tracking/three-times-long/)
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