🟢 Small-Cap Inverse ETF (SDD) is trading 2.1% up as small-cap weakness lifts fund

SDD is trading at $9.39, up 2.14%, as weakness in small-cap stocks supports its inverse exposure.

• SDD targets -2x the daily performance of the S&P SmallCap 600, so weakness in the benchmark can lift the fund.
• Markets turned risk-off after President Trump rejected Iran’s proposal, pushing oil higher and renewing inflation concerns.
• Rising Treasury yields added pressure to equities, and major U.S. indexes were lower.