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I can never figure this out. The market is down 1.2% on the day but the price of this etf is down 0.1% on the day. Should there not be some form of correlation?
Thus, npn today is down 1.54% so will bring the top40 down quite heavily due to its heavy weighting in the top 40 according to market cap. However, it only represents 2,5% of this etf so does not have a big impact.