Exchange traded funds (ETFs) can be a great way to balance out your portfolio. This is because they give investors easy access to a large number and diverse range of shares that you wouldn't usually have access to.
Due to their growing popularity with investors, there are an increasing number of ETFs to choose from. To narrow things down, I have picked out two ETFs that could be worth a closer look:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The BetaShares Global Cybersecurity ETF is one for investors to look closely at. This ETF aims to track the performance of an index that provides investors with exposure to the leaders in the global cybersecurity sector.
The fund includes a number of cybersecurity giants and emerging players. This includes the likes of Accenture, Cisco, Cloudflare, Crowdstrike, and Okta.
Given the increasing threat of cyber attacks on governments and businesses, demand for cybersecurity has been growing quickly and is expected to continue doing so in the future.
This could make it a growth sector for at least the next decade. And with the sector being heavily under-represented on the ASX, this ETF could be a great way to gain exposure to it.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Another ETF for investors to consider buying is the Vanguard MSCI Index International Shares ETF. This fund provides investors with exposure to many of the world's largest companies listed in major developed countries.
Vanguard notes that the fund offers low-cost access to a broadly diversified range of securities that allow investors to participate in the long-term growth potential of international economies outside Australia.
At present the fund is invested in a total of 1,532 listed companies. These include some of the highest quality companies in the world such as Apple, Johnson & Johnson, NVIDIA, Pfizer, Procter & Gamble, Tesla, and United Health.
