🔴 Spear Alpha ETF is trading 5% down today as rising yields and risk-off sentiment pressure growth tech

Spear Alpha ETF is trading 5% down today as its heavy information technology exposure faces pressure from rebounding Treasury yields and a rotation away from risk assets.

• High-growth and innovation-focused names are underperforming broader benchmarks as higher interest rate expectations drive investors toward defensive sectors.
• Lingering geopolitical uncertainty is further weighing on long-duration growth cash flows, leading to a pull-back from recent gains.
• The rotation reflects a broader market shift away from speculative tech positions in favor of more stable assets.