SRTY is trading 3% down today as U.S. equity index futures point higher, indicating a rebound in small-cap stocks.

  • The ETF, which targets -3x the daily performance of the Russell 2000, faces headwinds as ES, NQ, and YM futures gain 0.5–0.7%.
  • Market sentiment remains constructive with no major U.S. economic data due, reflecting a broad risk-on tone and follow-through from prior equity strength.