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REDDIT

Hedging a broad market index ETF with a VIX ETF?

Hey y'all! Has anyone tried hedging their broad market index (say S&P) etf exposure by going long in a VIX tracking etf? Especially now, in times of market volatility and inability to forecast where this whole story with the tariffs would go. Sounds pretty intuitive to work (market fear goes up, people start selling, equity prices go down, vix goes up) but I fear I am overseeing something. 😅 What do you think? Thanks!