Questionable valuations in large-cap tech, namely those spending heavily on artificial intelligence (AI), is bringing volatility back to the markets. The CBOE Volatility Index (VIX) has risen close to 50% from the middle of August to the middle of November. That brings ETFs that offer downside protection to the fore. One to consider is the[**Fidelity Hedged Equity ETF (FHEQ)**](https://etfdb.com/etf/FHEQ/? __hstc=169852158.2bdcd1eb14703883b7f4e9eec0d819df.1753115412198.1763481662925.1763490437783.362&__hssc ...