KSPY
KraneShares Hedgeye Hedged Equity Index ETF
stock NYSE ETF

Of course. As everyone knows, the market loves chaos and uncertainty. /s
But what's the alternative?
(read to the end for one example of an alternative...)
There are a number of people who sold everything in 2008 because they were afraid of a Depression and how uncertain things were. They kept cash on the sidelines always thinking "it's going to drop even more and I'm scared of losing more. But when it drops, eventually I'll get back in."
But the market never "let them back in". It started going up and kept running and running. Since 2008, the S&P 500 was a 6-bagger.
If you took $200k and kept it in a HYSA because you were scared of uncertainty, then right now you'd have maybe $300k. If you had just left it in VOO, you'd have $1.2million.
There are a bunch of people who missed out on hundreds of thousands of dollars - some of them missed out on millions in returns.
If you feel like you can't handle the volatility, that's ok. Read Morgan Housel's *The Psychology of Money* for perspective on the role that "it allows me to sleep at night" appropriately plays in personal finances. But don't just leave the cash in a bank account.
Look at a hedged ETF like KSPY from Krane Shares. There are other options, but the manager of a hedged ETF like that will use a combination of put options and buy/sell formulas to reduce volatility and limit your downside. You give up a little upside, but that should allow you to sleep at night without just quitting investing.

Of course. As everyone knows, the market loves chaos and uncertainty. /s
But what's the alternative?
(read to the end for one example of an alternative...)
There are a number of people who sold everything in 2008 because they were afraid of a Depression and how uncertain things were. They kept cash on the sidelines always thinking "it's going to drop even more and I'm scared of losing more. But when it drops, eventually I'll get back in."
But the market never "let them back in". It started going up and kept running and running. Since 2008, the S&P 500 was a 6-bagger.
If you took $200k and kept it in a HYSA because you were scared of uncertainty, then right now you'd have maybe $300k. If you had just left it in VOO, you'd have $1.2million.
There are a bunch of people who missed out on hundreds of thousands of dollars - some of them missed out on millions in returns.
If you feel like you can't handle the volatility, that's ok. Read Morgan Housel's *The Psychology of Money* for perspective on the role that "it allows me to sleep at night" appropriately plays in personal finances. But don't just leave the cash in a bank account.
Look at a hedged ETF like KSPY from Krane Shares. There are other options, but the manager of a hedged ETF like that will use a combination of put options and buy/sell formulas to reduce volatility and limit your downside. You give up a little upside, but that should allow you to sleep at night without just quitting investing.