2 quality ETFs to buy in March

BetaShares Global Cybersecurity ETF (ASX:HACK) and this popular ETF could be fantastic options for ASX investors today…

| More on:
Block letters 'ETF' on yellow/orange background with pink piggy bank

Image source: Getty Images

If you’re wanting to add some diversification to your portfolio in March, then you might want to look at exchange traded funds (ETFs).

ETFs help investors achieve this because they provide easy access to a large and diverse number of different shares through a single investment.

With that in mind, listed below are two ETFs which could be worth considering. Here’s what you need to know about them:

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 gives investors with exposure to the growing global cybersecurity sector.

Given how cybercrime is on the rise, demand for cybersecurity services is expected to rise strongly over the coming decade and beyond. And as this industry is heavily under-represented on the ASX, this ETF give investors an easy way to invest in the best companies in the space.

Among those companies are industry giants such as Accenture, Cisco, Cloudflare, Crowdstrike, and Okta.

Over the last three years, the fund has generated a return of 20.26% per annum.

iShares Global Consumer Staples ETF (ASX: IXI)

Another ETF to look at is the iShares Global Consumer Staples ETF. This fund has been designed to measure the performance of global consumer staples companies. This includes companies that produce essential products such as food, tobacco, and household items.

Given how demand for these types of products is relatively consistent whatever the economy throws at them, this ETF is likely to be suitable for investors that are looking for low risk options. 

Among its holdings are the likes of Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart.

Over the last 10 years, the iShares Global Consumer Staples ETF has generated an average total return of 9% per annum.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of May 24th 2021

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of BETA CYBER ETF UNITS and iShares Global Consumer Staples ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on ETFs