ORBX is trading 3.4% up today as defense and marine transport stocks rally following reported IRGC strikes on US carrier logistics in Duqm, Oman.
- The industrials-heavy ETF is rebounding from a sharp recent selloff, significantly outperforming broader US equity indexes.
- Escalating US–Iran tensions in the Strait of Hormuz are driving gains for defense, logistics, and shipping names sensitive to regional conflict risks.