Markets Are in a New Volatility Regime, Benchmark's Kevin Kelly Says

The video discusses the current market sentiment influenced by the Fed's accommodative stance, leading to sector decoupling with technology outperforming financials. It highlights the potential for a new volatility regime and suggests hedging strategies using ETFs, focusing on the BOTZF and IRBO ETFs, to protect against market downturns.

What is the significance of the downside capture compared to upside capture in the context of the discussed ETFs?

What strategy does the speaker recommend for hedging against market downturns?