I'm aware that inverse ETFs typically have poor long term performance vs. their underlying, so I'm looking for a substitute to achieve the same results. Because this account is a 401k (Fidelity), I cannot: 1) Purchase puts. 2) Trade spreads. 3) Short the underlying. 4) Purchase long calls or trade spreads (such as the VIX). 5) Trade futures. I'd transfer it to IB if I could, but moving it isn't an option since I'm still employed with the company and plan to be for awhile. What are my alternatives? I'm assuming the non-leveraged inverses have better performance than their 2x/3x counterparts, but still suffer the same compounding issues. I use the Russell 2k, so the inverses are RWM and TWM (2x). Any suggestions on how to offset these issues? Thanks in advance.