The title says "How", but the article also has a significant amount of "Why". I'm using ETFs to efficiently diversify & hedge my portfolio. The author also points out something that I've found to be true: when you use ETFs to diversify, it gives you freedom to research & invest in a few stellar individual stocks.
PBGC Diversifying Portfolio
The Pension Benefit Guaranty Corp. will diversify its portfolio. Investment in equities would jump to 45% and 10% of its portfolio would be set aside for alternative investments which would be split equally between real estate and private equity. Diversifying its mix of investments would significantly increase chances of erasing the $14 billion deficit within the next decade.