For those who remain skeptical and want to hedge against a potential pullback in the Nasdaq, there are a number of inverse or bearish ETF options that capitalize on market turns. The ProShares Short QQQ ETF (NYSEArca: PSQ) takes the inverse or -100% daily performance of the Nasdaq-100 Index. [Correction Prep With These Inverse ETFs]
PSQ is not leveraged so it is a more conservative alternative to SQQQ.
ProShares UltraPro Short QQQ ETF
Tom Lydon’s clients own shares of QQQ.