5 Best Defensive ETFs To Buy For Plunging Markets

3. ProShares Ultra Consumer Goods (NYSE:UGE)

5-Year Share Price Performance as of March 25: 59.96%

ProShares Ultra Consumer Goods (NYSE:UGE) aims to achieve daily investment results, before fees and expenses, that are double (2x) the daily performance of the S&P Consumer Staples Select Sector Index. The ETF was established on January 30, 2007. As of March 25, 2024, the fund features a net expense ratio of 0.95%. ProShares Ultra Consumer Goods (NYSE:UGE) is one of the best defensive ETFs to invest in.