The YouTuber suggests the Healthcare Select Sector SPDR fund (XLV) as a defensive investment, arguing that people prioritize health regardless of economic conditions. This sector, encompassing pharmaceuticals, medical devices, and insurance, has historically shown resilience during downturns.
“Again, for diversification, look at ETFs like the Healthcare Select Sector SPDR fund or the Vanguard Healthcare ETF. These bundle together many of the top companies in the sector that have a proven track record.” — ▶ 11:50