SPLG stock price saw a slight increase as U.S. Treasury yields retreated from recent highs. At $54.21, the ETF’s correlation with the S&P 500 underscores its role as a barometer for broad market health. Since their inception, eight of these ETFs have underperformed their underlying stocks by at least 50 percentage points cumulatively, and four of them have lagged by over 100 percentage points. In fact, SPLG gives investors exposure to semiconductors and artificial intelligence (AI) through Nvidia (NVDA), e-commerce and the cloud through Amazon (AMZN), electric vehicles and renewable power through Tesla (TSLA), and so much more. This price action ties closely to sector rebalancing and portfolio hedging strategies by institutional market participants.
