SDD is trading at $9.12, up 3.77%, as small-cap weakness lifts the inverse fund.
- The Russell 2000 was down 1.78% in Friday trading, consistent with SDD’s move.
- Market coverage cited renewed AI-spending concerns after major technology earnings and rising oil prices amid U.S.–Iran tensions; an afternoon report said the Russell 2000 was down 2.16%.
- The reports point to broader risk-off pressure, not a specific SDD fund or holding catalyst.