5 Best Defensive ETFs to Buy Amid Recession Fears

1. iShares US Consumer Staples ETF (NYSE:IYK)

iShares US Consumer Staples ETF (NYSE:IYK) tracks the investment results of the Russell 1000 Consumer Staples RIC 22.5/45 Capped Index, exposing investors to a broad range of consumer goods, including food, automobiles, and household products. The net assets of iShares US Consumer Staples ETF (NYSE:IYK) as of June 8 were $1.35 billion, with a 30-day SEC yield of 2.11% and an expense ratio of 0.41%. The portfolio consists of 54 domestic securities. 

One of the top holdings of iShares US Consumer Staples ETF (NYSE:IYK) is The Coca-Cola Company (NYSE:KO), the American multinational beverage giant. The Coca-Cola Company (NYSE:KO) is one of the most reliable dividend kings, with 2022 marking the 57th consecutive annual dividend increase by the company. On April 27, the company declared a quarterly dividend of $0.44 per share, in line with previous. The dividend is payable on July 1, to shareholders of record as of June 15. 

Warren Buffett’s Berkshire Hathaway is the biggest position holder in The Coca-Cola Company (NYSE:KO), with 400 million shares worth $24.7 billion. Overall, 64 hedge funds were bullish on the stock at the end of March 2022. 

You can also take a look at 10 Best Value ETFs to Invest in Now and 10 Dividend Stocks Better Than Cryptocurrencies.

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