Don't know how much sense this will make for sure but here is the SPX in Lt Blue with the Single Short S&P ETF:SH in black. Also overlaid is the double short S&P ETF:SDS and the triple short S&P ETF:SPXU and the triple short QQQ Nasdaq ETF:SQQQ along with the triple short Small Cap ETF:TZA. You can see the triple short small cap ETF has the highest beta as it rallies more in uptrends and sells off harder in downtrends. Even more so than the Nasdaq. Note the extreme highs in the TZA on the Aug S&P lows and same with the early Oct market lows TZA outperformed the triple short Nasdaq ETF:SQQQ. And now it is also the cheapest even lower than the triple NASDAQ ETF with the new rally highs in the broad market. But you never want to hold any of these for any length of time as that doubling or tripling works both ways and has a downward bias to price. Some double bull AND double bear ETFs have both gone lower in a sideways market. But it is something that can blow your socks off if you hit it right,lol. With everyone and his dog predicting a sell off now one has to wonder just how timely that call is with everyone on one side of the boat talking about shorting. The broad market is dramatically overbought with anything measurable but that never stopped price from eating bears before either. After all it is an election year isn't it.