If you don't have the funds to build a truly diverse portfolio, then exchange traded funds (ETFs) could be worth considering. This is because ETFs give investors access to a large number of different shares through just a single investment.
With that in mind, I have picked out two ETFs that trade on the ASX that could be good options. They are as follows:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ETF to look at is the BetaShares Asia Technology Tigers ETF. This popular ETF gives investors exposure to a number of the biggest tech shares in the Asia market.
This is certainly a great space to be in. As technological adoption in Asia is surpassing the West, it is expected to underpin strong growth over the next decade. This could make recent weakness in the BetaShares Asia Technology Tigers ETF share price a potential opportunity for investors.
The BetaShares Asia Technology Tigers ETF is currently invested in a total of 50 companies. This includes Alibaba, Baidu, JD.com, NetEase, and Tencent.
The latter is a multinational technology conglomerate and one of the largest companies in the world. Tencent's communication and social platforms, Weixin (WeChat) and QQ, connect over a billion users with each other and with digital content and services.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another ETF to consider is the VanEck Vectors Video Gaming and eSports ETF.
The VanEck Vectors Video Gaming and eSports ETF provides investors with access to a portfolio of the largest companies involved in video game development, hardware, and esports. Among the companies you'll own a slice of are 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. Furthermore, the fund manager points out that the fund gives investors the opportunity to diversify their portfolio by providing tech options outside the popular FAANG stocks.
