Due to the way they give investors easy access to a large and diverse range of shares, exchange traded funds (ETFs) can be a great way to balance out your portfolio.
If you're interested in adding one or two to your portfolio in February, you might want to take a look at the ones listed below. Here's what you need to know about them:
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BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF to look at is the BetaShares Global Cybersecurity ETF. It aims to track the performance of an index that provides investors with exposure to the leaders in the global cybersecurity sector. This is a sector tipped to grow strongly in the future due to the increasing threat of cyberattacks on governments and businesses.
The BetaShares Global Cybersecurity ETF includes a number of cybersecurity giants and emerging players. This includes the likes of Cisco, Cloudflare, Crowdstrike, Okta, and Accenture.
In respect to the latter, Accenture is an American-Irish multinational professional services company and a member of the Fortune Global 500. It uses advanced cyber defence, applied cyber solutions, and managed security services to provide the end-to-end protection agencies demand.
It also leverages artificial intelligence, machine learning, advanced analytics, and real-time threat intelligence to ensure a proactive defence posture.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Another option to consider is the Vanguard MSCI Index International Shares ETF. This ETF provides investors with exposure to 1,532 of the world's largest listed companies from major developed countries.
Vanguard notes that the ETF provides low-cost access to a broadly diversified range of securities that allow investors to participate in the long-term growth potential of international economies.
Included in the fund are some of the highest quality companies in the world such as Apple, Johnson & Johnson, Nestle, NVIDIA, Pfizer, Procter & Gamble, Tesla, United Health, and Walt Disney.
In respect to Apple, last week the tech giant released its first quarter results and delivered a 21% increase in revenue to a record US$111 billion. Apple revealed that the iPhone, wearables, and services segments each delivered record sales.
