🔴 SNDQ ETF (SNDQ) is trading 3.17% down on inverse exposure to Sandisk

SNDQ is trading 3.17% down because it targets approximately -200% daily exposure to Sandisk (SNDK).

• The Philadelphia Semiconductor Index is up 0.45%; Nvidia gained 3.20%, Micron rose 2.44%, and Intel added 1.25%.
• The wider risk-on session is also pressuring the inverse ETF, with the S&P 500, Nasdaq Composite, and Dow higher as Treasury yields ease and investors discount prolonged military action.