This topic has been heavily covered in previous posts; search the forum.
I used to trade BEARX until I took a close look at how conservative a bear fund it is, plus the fees are too high.
Look closely at the ProShares set of ETF’s.
Either you are awake and realize this market is on a nasty downtrend, or you’re still asleep.
If you ARE awake then don’t play kid games with BEARX which has a mushy flaccid response to a down market day. Instead go with a 1X (ProShares “Short”) or 2X leveraged (ProShares “Ultrashort”) INVERSE index ETF like “SH” or “SDS”
When the markets fall, trust me, those ETF’s go UP like a rocket.
However, I would imagine a professional investment adviser would advise caution before you put significant % of a retirement portfolio into any 2X inverse financial instrument. You might hold the allocation to 10%, but other people might go with more.
In general my advice (in these extreme market conditions) is AAA bonds, gold, cash, inverse ETF.
