ProShares UltraShort Financials

SKF

Market cap $11.7M

Traders who are bearish on banks may want to consider this ProShares ETF. It can act as a short-term hedge on long positions in financial services.

While the buy-and-hold strategy makes the most intuitive sense, it's boring, which invariably leads curious investors down the path toward inverse ETFs. Just like any other exchange-traded fund, these bear trades represent a basket of securities under a single umbrella.