with consideration for risk-adjusted returns, depth and volume of liquidity, cost of trading, accessbility without prime brokerage - including (but not limited to) ETFs, futures, options, stocks, and physical assets
Let me formally say what you think. You want a financial instrument or asset that is negatively correlated with US equities. The right answer is there is no such asset (there are instruments) that will behave the same way in all market conditions. Every point in the market is a unique in its own way. So the best thing is insurance/ profit sharing/ risk sharing. But these instruments will bleed your profits - vix and eq options. And the implicit assumption is you want it to be low cost. A lot of big players with long equity books trade in and out of their positions via vix or eq options for 2 months at max at a time (in a year). Diversification is the only free lunch. If you are looking for something that will always appreciate in value, but a Picasso or Pollock or other great artworks. Art is a perpetual bull market because its priced on sentiment.
If you bought Bitcoin as soon as you could during the 2008 market downturn (early 2009). On average you'd be better off than all these options combined
consider financial security over 2019-2049
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