🟢 Small-Cap Inverse ETF (SDD) is trading 2.24% up as Russell 2000 falls

SDD is trading at $9.40, up 2.24%, as Russell 2000 weakness supports its inverse objective.

• SDD targets -2x the Russell 2000’s daily performance, so weakness in small-cap shares can lift the fund.
• The Russell 2000 was down 0.78% in reported Friday morning trading.
• Broader risk aversion amid Middle East tensions and Brent crude above $114 a barrel is weighing on sentiment. SDD’s daily inverse objective means the relationship is not exact over longer periods.