More aggressive traders may hedge against a dip in tech stocks through inverse ETFs. For instance, the ProShares UltraShort Technology (NYSEArca: REW) takes the -2x or -200% daily performance of the Dow Jones U.S. Technology index and the Direxion Daily Technology Bear 3X Shares (NYSEArca: TECS) reflects the -3x or -300% daily performance of the S&P Technology Select Sector Index. [Inverse Tech ETFs to Hedge Bubble Concerns]
In August, gold has finished in positive for four of the past five years. Gold has also produced a 6% average return over the past five years. Additionally, miners also generated outsized returns during August after recovering from a July sell-off.
Investors can track gold through physical bullion-backed ETFs, including the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca: SGOL). For gold miners exposure, investors may take a look at the Market Vectors Gold Miners ETF (NYSEArca: GDX), Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ) and Sprott Junior Gold Miners ETF (NYSEArca: SGDJ). [Oversold Gold Miner ETFs May Have Opportunity to Rebound]
For more information on market sectors, visit our sector ETFs category.
Max Chen contributed to this article.