One investment option that is growing in popularity is exchange traded funds (ETFs).
And it 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 ETFs to buy ahead of others. 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)
The first ASX ETF for investors to look at is the BetaShares Global Cybersecurity ETF. This ETF gives investors access to the leading companies in the global cybersecurity sector. Given how prevalent cyberattacks are becoming, demand for cybersecurity services is expected to rise strongly in the future. This bodes well for companies included in the fund such as Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another option for investors is the BetaShares NASDAQ 100 ETF. It could be a top option as it gives investors exposure to the 100 largest non-financial shares on the NASDAQ index. These are many of the largest companies in the world. Among the 100 are giants including Amazon, Alphabet, Apple, Facebook, Microsoft, Netflix, Nvidia, and Tesla. Given the positive long term outlooks of these companies, the Nasdaq 100 has been tipped to continue outperforming the broader market over the long term.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A final ETF to consider is the VanEck Vectors Morningstar Wide Moat ETF. This ETF gives investors access to a diversified portfolio of companies with sustainable competitive advantages and fair valuations. 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.