WARP is trading at $18.02 (-5.09%) as the market turns risk-off, with the Nasdaq under pressure and cyclical industrial-linked assets losing momentum.
- The ETF’s space and industrials tilt makes it particularly sensitive to shifts in broader growth and risk appetite.
- Today’s move is consistent with a broader selloff in higher-beta and tech-adjacent exposures, reversing gains from the prior session.
- Weakness in the Nasdaq is further weighing on the fund's growth-sensitive holdings as investors move away from riskier assets.