🔴 Space ETF (SPXE.TO) is trading 3.1% down today after 10-year Treasury yield moved above 5%

SPXE.TO is trading 3.1% lower as the 10-year Treasury yield moved above 5%, increasing pressure on long-duration technology and innovative companies.

• The decline comes amid a broad September 23, 2026 risk-off move; the Nasdaq is down 1.13% as investors reassess growth-stock valuations.
• SPXE is highly concentrated in SpaceX, with approximately 128% exposure and modest leverage. Covered calls and cash reduce—but do not eliminate—downside sensitivity.