Commodities are the way to go

With inflation at record pace and Fed seems slow to up interest rate, prices of commodities are not coming down. Plus the war in Ukraine, it is going to push commondites up. There are many companies dealing with commodities and the full price has not been factored in yet. Granted that there was slight rise in prices of these companies, the potential for prices to raise further is present. Furthermore, there is potential for these companies to revise their dividend upwards.
The downside risk is the drop of commondites prices. While that is possible, it is unlikely to fall much.

Trade with care and you will be rewarded. Remember not to hold long term if inflation is to be eased. Risk reward is there.