Sell QQQ by Jan 7, 2027.

I generally buy QQQ puts to hedge my tech portfolio, 8-12 months out usually which works very well. Hypothetical question: For whatever reason, options/leveraged short ETFs are not in consideration. What would be the next best mimic to a QQQ put? I understand the daily reset on even a 1x Inverse ETF like PSQ since you're buying into a more complex derivative structure (my understanding is swaps). I am not sure about the daily reset bit as compared theta decay …