SNXX is trading 3.6% down at $15.24 as weakness in Sandisk and semiconductor shares weighs on the ETF.

  • SNXX targets twice the daily performance of Sandisk, which can amplify moves tied to SNDK.
  • Chip shares have pulled back after a sharp rally, with Sandisk among semiconductor names lower in premarket trading.
  • Broader markets are under pressure as investors weigh rising yields and await Fed minutes; no new SNXX-specific announcement was identified.