So, you asked for it: here is my current hedge against short-term downside vola in US tech/AI stocks:

-3x leverage ETC on semiconductor stocks.

This seems to me to have the most upside and the highest correction potential. The return to the average alone would be approx. -30%.

As my momentum model is currently overweighted in US tech, I am trying to reduce the portfolio volatility somewhat with the -3x semi.

Edit: My buy price is €11.30. Getquin is displaying it incorrectly. 🤷