Fear trade: 2 ETFs to own if sell-off intensifies

Patrick Pleul | AFP | Getty Images

Speeches and communications from the Federal Reserve this week are openly implying a June rate hike as a possibility. As a result, the market is selling off on worries the dovish monetary policy propping up the may go away.

In a sign of the growing investor fears, the CBOE Volatility Index, or VIX, rose 2 percent Thursday and is now up more than 20 percent in the past month.

What are your best fear trades?

Using Kensho, a hedge fund analytics tool, we screened for which ETF securities moved the most when the VIX rallied 30 percent or more in one month during the last decade.