While the Australian tech sector is home to some high quality companies, as I highlighted here earlier, it still pales in comparison to the US tech sector.
So, if you are wanting to gain exposure to the US tech sector, then exchange traded funds (ETFs) could be an easy way to achieve this. These allow you to invest in groups of shares through just a single investment.
But which ETFs would be top options right now? Two ETFs that provide investors with access to some of the highest quality tech shares on Wall Street are listed below.
Here's what you need to know about them:
Image source: Getty Images
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF to consider is the BetaShares Global Cybersecurity ETF. This fund gives investors exposure to a total of 39 cybersecurity companies. This includes industry giants and emerging players in the rapidly growing sector.
Among the companies you'll be owning a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, Fortinet, Okta, Proofpoint, Splunk, and Zscaler.
These companies look well-positioned for growth over the next decade. This is thanks to the increasing demand for cybersecurity services due to the shift to the cloud and the growing threat of cyberattacks.
Betashares Nasdaq 100 ETF (ASX: NDQ)
Another ETF for tech investors to consider buying is the Betashares Nasdaq 100 ETF. This popular ETF gives investors access to the 100 largest non-financial companies on Wall Street's famous Nasdaq stock exchange.
Among the companies you'll be owning a slice of are tech giants such as Amazon, Apple, Facebook, Microsoft, Netflix, Nvidia, and Google parent Alphabet.
Given how these companies are at the forefront of the new economy, they appear well-placed to continue growing for a long time to come. This could potentially mean the Betashares Nasdaq 100 ETF continues to generate market-beating returns long into the future.
