DRIP is trading at $35.27, -2.00%, as oil prices continue rising amid renewed U.S.-Iran tensions.
- Brent crude climbed 0.8% to $91.71, while WTI rose 0.9% to $85.70, amid uncertainty surrounding Strait of Hormuz shipping.
- DRIP provides 2x inverse daily exposure to oil-and-gas exploration and production companies, so stronger crude prices generally pressure the ETF.
- The decline extends recent weakness; DRIP closed at $35.99 (-2.17%) on August 18, 2026.