If you are negative on NASDAQ stocks, you may want to consider the ProShares Short QQQ (PSQ) ETF, which has a goal of attempting to achieve the opposite of the daily performance of the NASDAQ-100 Index. The ETF is up 0.98 for the last month.
For investors who think that small cap stocks are in for a continuing downturn, the ProShares Short SmallCap600 (SBB) is an option. This ETF attempts to achieve the inverse of the daily performance of the S&P SmallCap 600 Index. The ETF was up 1.12% for the latest month.
Some investors that are bearish and want some real action have the option of using leveraged bearish ETFs. These ETFs can provide twice or three times the the return of an unleveraged ETF. The Direxion Daily Financial Bear 3X Shares (FAZ) has a goal of achieving 300% of the inverse of price performance of the Russell 1000 Financial Services Index. The ETF had an increase of 7.06% for the last month.
One issue to be aware of when investing in these ETFs is that over long periods of time, they may not even come close to matching the inverse of of the index. These ETFs are generally designed to achieve their goals on a day by day basis.
If you like bearish ETFs, you can get a free list of Short ETFs and a second list of Leveraged Short ETFsat WallStreetNewsNetwork.com.
Author does not own any of the above.