A similar analysis utilizing Bear ETFs that were available for purchase back to October 17, 2007 was performed. There was a paucity of triple leveraged ETFs & no U.S. Market based Crude Oil Short ETF available back in 2007. The endpoint of analysis was October 29, 2008 which was the first $NASI bottom prior to the 1938-associated 2008-2009 low (see prior posts). Price difference columns (D, G, J & M) were deleted from the table for better viewing. A modified approach would have had one sell their bear ETFs during three time periods (for a total of seven months of free cash). For all ETFs analyzed, the modified approach yielded a mean return that was 51.99% greater when compared with the simple buy & hold approach (110.89% vs 72.96%).
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