If you want to have a long position on [SPY: SPDR S&P 500 ETF] and want to

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If you want to have a long position on [SPY: SPDR S&P 500 ETF] and want to hedge the exposure by shorting 3 different US listed ETFs, how would you choose the ETFs to make up the hedging portfolio?

Are these good choices? IYW, VHT, PNQI, RYF
Can you perform a multiple regression analysis to find the weightings of each ETFs in the portfolio?

Related Book For answer-question

Intermediate Microeconomics

ISBN: 978-0393123968

9th edition

Authors: Hal R. Varian

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Posted Date: Apr 18, 2023 08:02 AM

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If you want to have a long position on [SPY: SPDR S&P 500 ETF] and want to

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When selecting ETFs to hedge a long position in SPY it is important to consider the correlation betw... View the full answer

Intermediate Microeconomics

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