SDD is trading at $8.97, up 3.82%, amid broad U.S. equity weakness that supports its inverse strategy, although reports do not confirm the S&P SmallCap 600’s intraday move.

  • The fund seeks daily -2x exposure to the S&P SmallCap 600; weakness in the benchmark can lift it.
  • Reporting points to renewed fears of tighter AI and data-center regulation.
  • Semiconductor weakness followed Qualcomm’s disappointing handset-chip results.