🔴 GOOP ETF (GOOP) is trading 3.6% down today as rising Treasury yields weigh on Alphabet exposure

GOOP is trading at $35.31 (-3.60%) as higher crude prices and Treasury yields near 4.99% weighed on growth-stock valuations.

• The fund targets income and Alphabet exposure, with Treasury bills and GOOGL options among its major positions.
• Alphabet was down 1.07% at the September 22 close, adding pressure to the fund’s equity-linked exposure.
• On September 23, the S&P 500 and Nasdaq also fell, indicating a market-wide rather than GOOP-specific catalyst.