I like BULZ for risk on. Equal weighting of all the hot tech stocks. BERZ is the counter, but volume is weak. https://etfdb.com/news/2021/08/18/microshares-launches-fang-etns-bulz-berz/
Thank you SunTrader. Can you be think of one more ticker for each category to complete the list? I am looking for a 5th ticker that is not reduntant, meaning not directly correlated to the ones already in the list (like for example ARKK if I already got QQQ). Thanks!
The ultimate Risk ON indicator is issuance of IPOs and recently SPACs. I think an indicator that the Risk ON trade is about to end is the rise and collapse of the meme stonk trade. When the current BBBY rise and collapse happens the up move is probably over.