If you’re a fan of growth shares, then you might want to take a look at the exchange traded funds (ETFs) listed below.
These ETFs give investors access to a collection of some of the highest quality growth shares in the world. Here’s why they could be top options for investors:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ASX ETF to consider is the BetaShares Global Cybersecurity ETF. This popular ETF gives investors exposure to the leading companies in the global cybersecurity sector.
The cybersecurity sector has been growing rapidly in recent years and has been tipped to continue doing so in the years to come. This is due to increasing demand for cybersecurity services because of the growing threat of cyber attacks.
BetaShares notes that the portfolio includes global cybersecurity giants, as well as emerging players, from a range of global locations. Among the companies you’ll be buying a slice of are the likes of Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.
In respect to Okta, it provides businesses with workforce identity solutions. This ensures that access to information is given only to those that are meant to have it. Given the importance of data protection, this is unsurprisingly in demand with businesses right now.
Whereas the latter, Splunk, is the world’s first Data-to-Everything Platform. It allows users to modernise their security operations with a portfolio of advanced data, analytics and operations solutions that help them defend against the latest threats.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another ETF to look at is the VanEck Vectors Video Gaming and eSports ETF. It gives investors exposure to a portfolio of the largest companies involved in video game development, hardware, and esports.
This certainly is a large market. VanEck notes that there are 2.7 billion active gamers in the world. This is more than Netflix subscriptions and active Apple devices. VanEck also points out that the game industry is disrupting traditional sports and media and experiencing a period of transformative growth, which has been accelerating in the COVID-19 world.
Among the companies included in the fund are giants such as graphics processing unit developer Nvidia and gaming giants Take-Two and Electronic Arts.
Take-Two is the company behind the Grand Theft Auto and Red Dead franchises, among many other games. Whereas Electronic Arts is the games company responsible for the FIFA and Madden NFL series and countless other popular games.