🔴 Small-Cap Inverse ETF (SDD) is trading 2.3% down as small-cap gains pressure the fund

SDD is trading at $9.18 (-2.34%) as gains in small-cap stocks pressure the inverse fund.

• SDD targets -2x the S&P SmallCap 600’s daily performance.
• Broader risk appetite was supported by easing Treasury yields and lower expectations for near-term rate hikes.
• The September jobs report was weak: payrolls rose 29,000, versus 84,000 expected, and unemployment reached 4.2%, versus 4.1% expected.