One investment option that is growing in popularity is exchange traded funds (ETFs). And it certainly isn’t hard to see why they are so popular with investors.
As well as being an easy way to invest your hard-earned money, they provide you with opportunities that were unattainable a decade ago. But given the many options, it can be difficult to decide which ones to buy ahead of others.
But don’t worry. To narrow things down, I have picked out three ETFs that are highly rated right now. They are as follows:
BetaShares Global Cybersecurity ETF (ASX: HACK)
With the world rapidly shifting online, cyber security has become incredibly important. In light of this, demand for cyber security services continues to increase and shows no sign of slowing. Especially given some high profile cyber attacks in recent months.
The BetaShares Global Cybersecurity ETF could be a great way to gain exposure to this trend. It provides investors with exposure to the leading companies in the global cybersecurity sector. This means you’ll be buying a slice of companies such as Accenture, Cisco, Cloudflare, Crowdstrike, and Okta.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ETF to consider is the VanEck Vectors Morningstar Wide Moat ETF. This ETF gives investors exposure to a diversified portfolio of fairly valued companies with sustainable competitive advantages. This is something that Warren Buffett looks for when he picks his investments. So, if you’re aiming to invest like he does, this ETF could help you.
At present, there are a total of 49 US based stocks in the fund. This includes Amazon, Bank of America, Berkshire Hathaway, Intel, McDonalds, Microsoft, Philip Morris, and Yum Brands.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
The VanEck Vectors Video Gaming and eSports ETF gives investors access to a portfolio of the largest companies involved in video game development, hardware, and esports. Among the companies included in the fund are giants such as Nvidia, Take-Two, and Electronic Arts.
VanEck notes that these companies are in a position to benefit from the increasing popularity of video games and eSports. Another positive is that the fund gives investors the opportunity to diversify their portfolio by providing tech options outside FAANG stocks.