Are you looking for some exchange traded funds (ETFs) to add to your portfolio this month? If you are, it could be worth taking a closer look at the three ETFs listed below.
Here's what you need to know about these ETFs right now:
BetaShares Global Energy Companies ETF (ASX: FUEL)
The first ETF to look at is the BetaShares Global Energy Companies ETF. This ETF provides investors with easy access to energy companies that are larger, more geographically diversified, and more vertically integrated than Australian-listed energy companies. Among its holdings are energy giants including BP, Chevron, ExxonMobil, and Royal Dutch Shell. These companies look well-placed to benefit from sky high energy prices.
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
Another ETF for investors to look at is the ETFS Battery Tech & Lithium ETF. Especially after it tumbled to a 52-week low on Friday. This ETF gives investors exposure to providers of electrochemical storage technology and battery materials/lithium miners. Given how demand for battery materials is rising fast and outpacing supply, the companies included in the fund appear well-placed for growth. Among its holdings you'll find AMG Advanced Metallurgical Group, Lockheed Martin, and Pilbara Minerals Ltd (ASX: PLS).
VanEck Vectors Australian Banks ETF (ASX: MVB)
A final ETF for investors to look at is the VanEck Vectors Australian Banks ETF. It could be a good option for investors that are wanting exposure to the banking sector but aren't sure which of the banks to buy. This is because this ETF allows you to own a slice of all the big four banks, the regionals, and also investment bank Macquarie Group Ltd (ASX: MQG) through a single investment. Another positive with this ETF is that it offers an attractive yield. Its 12-month distribution yield currently stands at 5.2%.
