Leveraged ETF Tracking Error By: TalkMarkets December 14, 2018 at 15:36 PM EST The so-called tracking error of a leveraged ETF over the long run is not really the same as the traditional tracking error; instead, it reflects the compounding effect. Read More >> Related Stocks: S&P 500 Bull 3X Direxion SPDR S&P 500 ETF Trust