🟢 Small-Cap Inverse ETF (SDD) is trading 2.8% up today as Russell 2000 falls about 1.2%

SDD is trading at $8.74, up +2.78%, as the Russell 2000 fell about 1.2% amid higher financing costs.

• SDD targets -2x the daily performance of the S&P SmallCap 600.
• Middle East tensions lifted oil and inflation concerns, while bond yields rose.
• Weaker-than-expected JOLTS and manufacturing data initially lowered Treasury yields, but broader risk aversion and renewed geopolitical concerns weighed on equities; inverse leverage amplified SDD’s gain.