The YouTuber suggests buying the Consumer Staples Select Sector SPDR fund (XLP) as a defensive play during economic downturns. This sector, which includes household necessities, has historically outperformed the S&P 500 during recessions due to consistent demand for its products, making it a resilient investment.
“If you're someone who prefers broader exposure without picking individual stocks, then we have ETFs like the Consumer Staples Select Sector SPDR fund or the Vanguard Consumer Staples ETF that track this sector.” — ▶ 10:00