🔴 Small-Cap Inverse ETF (SDD) is trading 2.8% down as small caps advance

SDD is trading at $8.64, down -2.81%, as small-cap stocks advanced, reinforcing the fund’s inverse exposure.

• SDD targets -2x the daily move of the S&P SmallCap 600, so gains in small-cap stocks pressure the fund.
• Broad U.S. stocks rallied as election uncertainty eased after Democrats won control of Congress; investors saw divided government as limiting major policy shifts.
• No volume data was provided.