The portfolio is filled with defensive firms, which tend to produce relatively stable and reliable cash flows.
Many of the companies held in this ETF are able to extract pricing from consumers, even in the face of rising commodity costs.
This ETF offers much more of a mid-cap tilt than do other consumer staples ETFs. As such, we believe it provides purer exposure to the U.S. consumer staples sector than do some of its peers, whose holdings include large mass retailers and conglomerates with meaningful overseas businesses. Read more