
Here’s the ProShares VIX Short-Term Futures ETF (VIXY), the ETF I use most often to try to hedge against sudden market breakdowns. The ProShares Short S&P 500 ETF (SH), ProShares Short QQQ (PSQ), ProShares Short Russell 2000 (RWM), and other single inverse ETFs are part of the mix. However, their impact is more mild, and thus more capital is required to get the desired outcomes.
Leveraged inverse ETFs are useful too, but they still require more capital than a VIX volatility-driven ETF. Like VIXY. Here’s its daily chart going back two years.