May 30, 2026, 7:10 PM EDT. Amid 2026's economic uncertainties-war, inflation, and sluggish growth-the ASX-listed iShares Global Consumer Staples ETF (ASX: IXI) offers a defensive investment. The fund invests in essential consumer staples companies whose products like food, drinks, and household items have stable demand regardless of economic cycles. Comprising established global firms including Walmart, Procter & Gamble, Nestle, and local retailers Coles and Woolworths, IXI provides wide, diversified geographic exposure, mainly in the US. It has returned an average 7.72% per annum since 2006, with a 0.49% management fee. Its defensive nature and steady returns make IXI an attractive option for investors seeking stability amid market volatility.