How accurate is the PSVR tracking compared to HTC Vive and Oculus Rift?

I read on Reddit that the PSVR supports 360-degrees tracking and the headset is focused on seated experiences, rather than standing experiences, so that made me wonder about the accuracy of its tracking capability.

I really don’t like the PSVR design with all those led light, but I understand that there are used for tracking. Does anyone here know how accurate is the PlayStation VR motion tracking compared to the one used with the HTC Vive and Oculus Rift?

As far as the controllers go, it’s terrible: