Fade out video clip - blend mode dropdown

Building on Bob's reply and never having tried it, I opened a project.  First I slid the primary track to Video 2 and expanded the track.  Then I put a clip below on Video 1.  All the blend modes worked with different effects.   

The reason I've never tried it is that I do fades differently.  I select all the clips I want to fade, right click and pick fade from the pop up menu.  Then I can choose to fade both audio and video.  I can also choose just "in" or "out".  That will set all the keyframes and I can elect to move them with the mouse if I need to.  

Are there any other clips on tracks below it?

This is for Premiere Pro, but the same basic principles apply:

https://helpx.adobe.com/premiere-pro/using/blending-modes.html