HERO is trading at $26.43, down -3.22%, as Treasury yields rise.

  • August 20’s risk-off selloff followed rising Treasury yields, surging oil prices and weak Walmart guidance, pushing U.S. indexes lower; 10-year yields topped 4.7% and 30-year yields reached roughly 5.25%.
  • HERO’s holdings include Electronic Arts, Take-Two Interactive, NetEase and Unity, making it sensitive to rates and risk appetite.
  • Overnight futures are positive but have not offset weakness; no single dominant overnight holding-specific catalyst was identified.