🔴 DRIP is trading 2.59% down in pre-market as rising crude prices pressure its inverse oil-and-gas exposure

DRIP is trading 2.59% down in pre-market at $34.65 as rising crude prices pressure its inverse oil-and-gas exposure.

• Brent crude climbed 0.8% to $91.71, while WTI rose 0.9% to $85.70 amid renewed U.S.-Iran tensions.
• DRIP targets -200% of the daily S&P Oil & Gas Exploration & Production Select Industry Index; energy strength typically weighs on the fund.
• Seven-session decline: $38.84 (August 11) to $35.57 (August 19); major U.S. indices down pre-market, with oil-sector pressure appearing primary.