The inverse ETF’s over the ASX200 are performing well. BEAR (single inverse ETF) and BBOZ (double inverse ETF) are both trading higher as the ASX200 XJO index retreats from the recent highs.
BEAR is now up 5% from the $14.86 low on the 9th of January and BBOZ is up 7% from the $17.50 reached on the same day.
These instruments act as a hedge against existing long equity holdings or as an outright trading position in portfolios.
Chart – BEAR ETF