VUG is trading 2.1% down today as investors rotate out of high-duration growth and tech names amid rising rate fears and geopolitical stress.
- Hawkish Federal Reserve commentary and sticky inflation concerns are weighing on valuations for information technology and communication services, which dominate the ETF’s exposure.
- Weakness in Nasdaq futures is further pressuring the fund as macroeconomic headwinds impact high-valuation growth sectors.