---
type: "Topics"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/topics/39598690.md"
description: "If one had bought bonds, gold, VIX call options, and S&P 500 protective options on February 27th (the day before the conflict broke out), they would now be in a loss position on almost all positions.This is also the reason for the recent decline in the "all-weather strategy." However, I think that with such a configuration, even though there is a loss, its magnitude is still smaller than that of a single major asset class, and the loss magnitude of a single major asset class is smaller than that of a single asset. This is the principle of diversification (CAPM Capital Asset Pricing Model). Therefore, one can still hold even when it falls, and for future market changes, rational hedging or reduction of positions can be achieved by using short ETFs."
datetime: "2026-03-28T21:11:05.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39598690.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39598690.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39598690.md)
author: "[新用戶_dLcvRX](https://longbridge.com/zh-HK/profiles/22978229.md)"
---

> 支持的語言: [English](https://longbridge.com/en/topics/39598690.md) | [简体中文](https://longbridge.com/zh-CN/topics/39598690.md)


# If one had bought bonds, gold, VIX call options, a…


### 相關股票

- [Direxion S&P 500 Bull 3X (SPXL.US)](https://longbridge.com/zh-HK/quote/SPXL.US.md)
- [FL2CSOPGOLD (07299.HK)](https://longbridge.com/zh-HK/quote/07299.HK.md)
- [SPDR S&P 500 (SPY.US)](https://longbridge.com/zh-HK/quote/SPY.US.md)
- [Pro Shrt S&P 500 (SH.US)](https://longbridge.com/zh-HK/quote/SH.US.md)
- [SPDR Portfolio S&P 500 ETF (SPLG.US)](https://longbridge.com/zh-HK/quote/SPLG.US.md)
- [SPDR Gold Shares (GLD.US)](https://longbridge.com/zh-HK/quote/GLD.US.md)
- [Direxion S&P 500 Bear 1X (SPDN.US)](https://longbridge.com/zh-HK/quote/SPDN.US.md)
- [S&P 500 (.SPX.US)](https://longbridge.com/zh-HK/quote/.SPX.US.md)
- [iShares Core S&P 500 (IVV.US)](https://longbridge.com/zh-HK/quote/IVV.US.md)
- [Proshares Ultrashort S&P500 ETF (SDS.US)](https://longbridge.com/zh-HK/quote/SDS.US.md)
- [Pro UltrPro Shrt S&Pro 500 (SPXU.US)](https://longbridge.com/zh-HK/quote/SPXU.US.md)
- [Direxion S&P 500 Bear 3X (SPXS.US)](https://longbridge.com/zh-HK/quote/SPXS.US.md)
- [Ultr S&P 500 Pro (SSO.US)](https://longbridge.com/zh-HK/quote/SSO.US.md)
- [Pro UltrPro S&Pro 500 (UPRO.US)](https://longbridge.com/zh-HK/quote/UPRO.US.md)
- [VG S&P 500 (VOO.US)](https://longbridge.com/zh-HK/quote/VOO.US.md)
- [Global X FDS S&P 500 Covered Call ETF (XYLD.US)](https://longbridge.com/zh-HK/quote/XYLD.US.md)
- [VG S&P 500 Grw (VOOG.US)](https://longbridge.com/zh-HK/quote/VOOG.US.md)