Worried about a downturn? 3 ASX shares and 3 ETFs built to weather it

The ASX share market doesn't stay calm forever, and 2026 has been a reminder of that. With stretched valuations, slowing global growth and stubborn inflation all doing the rounds, more investors are looking to add some ballast to their portfolios.

Here are three defensive ASX shares and three ETFs worth a look.

Woolworths Group Ltd (ASX: WOW)

Supermarkets don't stop trading in a downturn — people still need to eat. Woolworths' dominant market share in the Australian supermarket landscape has long held it in good stead even during tough economic conditions.

And the market has noticed: the ASX share is up 33% year to date. Even as households trade down to cheaper essentials, Woolworths tends to keep the lights on and the dividends flowing.

Ramsay Health Care Ltd (ASX: RHC)

Healthcare demand doesn't switch off when the economy slows. Ramsay is one of the largest and well-established private healthcare providers, and elective surgery volumes plus global diagnostic demand tend to hold up regardless of the cycle.

It's the kind of business people rely on whether markets are booming or busting. The ASX share is up an impressive 56% in 2026.

Suncorp Group Ltd (ASX: SUN)

Insurance is one of those products people keep paying for no matter what. Insurance demand tends to remain steady even in weaker economic conditions.

Suncorp hasn't been a growth story over the past 12 months, down 5%, but that's rather the point. This $21 billion ASX share is there to steady the ship, not chase the rally.

Vanguard Australian Shares Index ETF (ASX: VAS)

For broad, low-cost exposure with a defensive tilt, the Vanguard Australian Shares Index ETF has characteristics that make it more resilient than many global indices, leaning on Australia's banks, resources and consumer staples sectors.

It's a simple, set-and-forget way to add local stability to a ASX shares portfolio.

iShares Global Consumer Staples ETF (ASX: IXI)

If you want global exposure to businesses people buy from no matter the economic weather, this ETF is hard to beat. Its holdings include some of the most dependable companies on the planet, such as Walmart Inc (NASDAQ: WMT), and Coca-Cola Co (NYSE: KO).

These are businesses with strong brands, pricing power, and customer loyalty, making their earnings far more stable than companies tied to discretionary spending.

Betashares Global Cash Flow Kings ETF (ASX: CFLO)

Cash is king in a downturn, and this fund is built around exactly that idea. It focuses on stocks with exceptional cash generation, holding global giants like Alphabet Inc (NASDAQ: GOOG) and Visa Inc (NYSE: V).

Two companies with the balance sheet strength to self-fund growth without leaning on debt when conditions get tough.

Foolish takeaway

None of these picks will make headlines for explosive growth, and that's the whole point of defensive investing.

Pairing a couple of resilient ASX shares with a broad ETF or two can help smooth out the ride without forcing you to sit entirely on the sidelines.

As always, defensive doesn't mean risk-free. It means being better positioned to weather the storm.

The post Worried about a downturn? 3 ASX shares and 3 ETFs built to weather it appeared first on The Motley Fool Australia.

Motley Fool contributor Marc Van Dinther has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet, Visa, and Walmart. The Motley Fool Australia has recommended Alphabet and Visa. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026