🔴 NVIDIA ETF (NVHE.TO) is trading 3.28% down as oil and Treasury yields renew inflation concerns

NVHE.TO is trading at CA$14.45 (-3.28%) as higher oil prices and rising Treasury yields renewed inflation and rate concerns, weighing on growth-sensitive equities.

• Oil prices rose amid escalating Middle East tensions; technology and chip shares also came under pressure, with NVIDIA falling during the session.
• NVHE is especially sensitive to NVIDIA’s move because it invests in NVIDIA shares and uses leverage; its latest reported holding was 126.8% of net asset value.