BETAPRO SP TSX 60 DAILY INVERSE ETF (HIX.TO)

S&P/TSX 60 Bear ETF. A way of shorting the TSX 60. People feel blue chips are more stable but often are hit more percentage wise than the market as a whole. It is somewhat wary of Beta products, as you have to be very nimble in order to make money. Can be very difficult for the average investor.

Inverse ETF. A good risk management tool. It is a directional bet as well. A good bet when a correction occurs. A good risk management tool.