NODE is trading 4.4% down today as the information technology sector, which makes up 42.6% of the fund, sells off alongside a weak Nasdaq open.
- Broader risk-off sentiment tied to trade data uncertainty and pre-earnings positioning is pressuring growth and digital assets.
- Markets are digesting AI infrastructure headlines like AWS’s Trainium 3 production ramp, with investors rotating within specific AI hardware and cloud names rather than into sector-wide ETFs.