An equity indexed annuity is an insurance product offered by insurance companies that, for exchange of your money, will link the performance of your annuity to some type of underlying market index like the S&P 500, Dow Jones, Gold, etc.. (investopedia.com)
These are ETFs that are designed to rise in value as the underlying market index falls: if the index falls by 1 %, the shares of the ETF should rise by 1 % and so on. (tsinetwork.ca)
A short ETF is designed to rise in value as the underlying market index falls: if the index falls by 1 %, the shares of the ETF should rise by 1 % and so on. (tsinetwork.ca)