Daily products used by consumers are considered staples and include food and beverages, household goods, and alcohol and tobacco. Consumer staples are items with consistent demand, regardless of the economic outlook.<\/p>" } } , { "@type": "Question", "name": "How Are Food ETFs Affected By Economic Turmoil?", "acceptedAnswer": { "@type": "Answer", "text": "
Food-related ETFs help diversify a portfolio and can remain resilient even during economic turmoil because consumer staples and food commodities stay in demand during inflation and recession. However, while food and beverage companies are viewed as recession-proof<\/a>, restaurants and their viability were tested during the COVID-19 pandemic.<\/span><\/span><\/p>"
}
}
,
{
"@type": "Question",
"name": "Do Food Related ETFs Follow Food Indexes?",
"acceptedAnswer": {
"@type": "Answer",
"text": " Several indexes track food prices, including the Food and Agriculture Organization of the United Nations (FAO) Food Price Index, which monitors changes in the international prices of globally-traded commodities.<\/span> Food-related ETFs commonly track related indexes. The Invesco Food & Beverage ETF is based on the Dynamic Food & Beverage Intellidex Index.<\/span> The First Trust Nasdaq Food and Beverage ETF mimics the Nasdaq U.S. Smart Food & Beverage Index.<\/span><\/p>"
}
}
]
} ] }
]