SPXE.TO is trading 3.3% down today as the fund continues to be hit by a sharp drawdown in high-beta technology and AI plays.
- Although broader U.S. indices are modestly higher, an ongoing global rotation out of expensive AI and semiconductor names is weighing on speculative tech assets.
- Lingering geopolitical tensions are further pressuring SpaceX-linked products, dragging the leveraged, covered-call ETF deeper into its recent downtrend.