The VIX is uncharacteristically calm at the moment. Since rocketing to an all-time high of 82.69 in mid-March - which was its highest level since its inception in 1990, by the way - the index which tracks future expectations of volatility has since taken a tumble, falling nearly 80% to around 17.

However, as much as we have bulls running, the bears are still at large in equal numbers. To consider the prospects of both beasts, Buy Hold Sell has lured Shaw and Partners' Adam Dawes and VFS Group's James Whelan to share their thoughts on three exchange-traded funds for bulls and three for bears. 

As of the end of February, there were 215 ETFs listed on the ASX, with the market cap of these funds increasing by 52.6% over the past 12 months. Average transactions increased by 151.5% over the same period.

And, as Livewire Markets' Bella Kidman says, with six ETFs in the spotlight there truly is "something for everyone" in this BHS special. 

Note: You can watch, read or listen to the discussion below. This episode was filmed on 31 March 2021.