FDVV is trading 3.25% down in pre-market as Treasury yields resumed climbing after the August 20 U.S. equity selloff.

  • Oil prices reinforced inflation concerns, while Walmart’s weaker 2.6% comparable-sales growth intensified worries about consumer spending and pressured consumer-oriented value stocks.
  • Although futures are modestly higher on August 21, the rebound does not offset the prior session’s rates-driven damage.
  • FDVV’s technology, financials, and consumer exposures make it sensitive to yields and risk sentiment.