5 ETFs to Bet On Amid Tech-Driven Market Sell-Off

From Nasdaq: 2024-07-26 11:00:00

Volatility has risen as tech stocks tumble and elections approach. The CBOE Volatility Index surged 11.7% this week, indicating market worries. Trump’s election odds have increased, causing concern for tech stocks due to his tariff policies. Tesla and Alphabet underperformed, leading to a $750 billion tech market cap drop. Investors are advised to hedge with ETFs to manage volatility.ETFs like Simplify Hedged Equity (HEQT), Global X Nasdaq 100 Covered Call (QYLD), Invesco S&P 500 Downside Hedged (PHDG), iMGP DBi Managed Futures Strategy (DBMF), and Aptus Drawdown Managed Equity (ADME) can help investors protect their portfolios in times of high volatility. These ETFs have the potential to outperform traditional funds during market downturns and provide protection against extreme events. The use of hedging strategies may have additional costs but can help reduce overall portfolio risk. Investors should consider these options for a more stable investment approach.



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