iShares Paris-Aligned Climate ETF Surges While Direxion ETF Declines

On Monday, trading highlighted noteworthy movements in exchange-traded funds (ETFs). The iShares Paris-Aligned Climate MSCI USA ETF outperformed its peers, rising approximately 1.1% during the day. Key assets driving this ETF’s performance included Snap, which increased by around 3%, and Rivian Automotive, gaining roughly 2.5%.

In contrast, the Direxion Daily S&P 500 Bull 3X ETF lagged behind, falling about 2.3% in afternoon trading. Within this ETF, notable underperformers included Nvidia, which dropped roughly 3.8%, alongside Erie Indemnity, also down about 3.8% for the day.

VIDEO: Monday’s ETF Movers: PABU, SPXL

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