Household Essentials: Brands & Retail

The thesis

Own the retailers and branded-product suppliers serving recurring grocery and household needs rather than businesses dependent on accelerating AI capital spending. Their positive monthly returns contrast with the Nasdaq's weakness, supporting a defensive relative-strength approach over the coming three months. Durable demand and cash generation could help this basket outperform QQQ if technology spending concerns persist, although elevated retailer valuations and a technology rebound are key ris