SPXE.TO is trading 3.2% down today, with its closing price slipping to $10.50 from $10.85 amid broader market volatility.
- The decline follows continued weakness in SpaceX (SPCX) after its high-profile Nasdaq-100 inclusion and subsequent price drop.
- Broader risk-off sentiment is weighing on the fund following the collapse of the U.S.-Iran ceasefire.
- Investors are rotating away from high-beta space and growth vehicles toward energy and defensive income plays.