Following last month’s turmoil in the banking sector, heightened recessionary fears could keep the stock market under pressure in the near term. However, investing in a diversified portfolio of ETFs during an economic downturn can help to mitigate risk, minimize costs, and maintain liquidity, making it a sound investment strategy for many investors.
Therefore, I think investors could hedge their portfolios against the economic downturn by adding top ETFs: Invesco Total Return Bond ETF (GTO), iShares Core Conservative Allocation ETF (AOK), and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID).
