SNXX is trading at $35.27 (-1.86%) today as a broader risk-off tone hits U.S. equities, led by weakness in high-beta tech names and growth assets.
- The ETF is giving back part of its sharp recent rally, moving in tandem with the broader market sentiment.
- Due to its 2x leverage and high beta, the fund is amplifying the current sector-wide selloff rather than reacting to any fund-specific news.