The Fidelity Stocks for Inflation ETF FCPI can also be considered as it holds companies with attractive valuations, high-quality profiles and positive momentum in industries that generally outperform in inflationary environments. Fidelity Stocks for Inflation ETF (FCPI): ETF Research Reports Notably, the hot inflation data compelled investors to look for alternative investment options that may fare better than cash or bonds in an inflationary environment.