If you're looking to add some diversification to your portfolio, then you might want to look at exchange traded funds (ETFs).
ETFs can be a great way to diversify a portfolio because they give investors access to a large and diverse number of different shares that you wouldn't ordinarily have access to.
Given the large number of ETFs to choose from, it can be difficult to decide which ones to buy.
In order to narrow things down for you, I have picked out two ETFs that are popular with investors and could be worth considering. They are summarised below:
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.
Given the increasing threat of cyber attacks, demand for cybersecurity has been growing quickly. This demand is only expected to rise over the coming years as attacks become more sophisticated.
Included in the fund are the likes of Accenture, Cisco, Cloudflare, Crowdstrike, and Okta.
In respect to Cloudflare, at the last count it was trusted by over 26 million internet properties for protection. Cloudflare provides a scalable, easy-to-use, unified control plane to deliver security, performance, and reliability for on-premises, hybrid, cloud, and SaaS applications.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Another ETF for ASX investors to look at is the Vanguard MSCI Index International Shares ETF. This fund gives investors exposure to some of the world's biggest and brightest companies.
Vanguard feels the ETF is a good option for investors for a number of reasons. One those is its low-cost access to a diversified range of shares that allow investors to take part in the long-term growth potential of international economies.
The fund is invested in a sizeable 1,532 listed companies. These include companies such as as Apple, Johnson & Johnson, NVIDIA, Pfizer, and Tesla.
