If you don’t have sufficient funds to build a truly diverse portfolio, a quick way to add some diversity is with exchange traded funds (ETFs).
This is because through just a single investment, ETFs give investors exposure to whole indices, industries, and themes.
There are a large number of ETFs for investors to choose from, but three that could be worth considering are listed below. Here’s what you need to know:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF could be a top option for investors. As its name suggests, this ETF gives investors exposure to a number of exciting tech shares in the Asian market. Among its holdings are the likes of ecommerce giant Alibaba, search engine company Baidu, and WeChat owner Tencent. These companies have been revolutionising the lives of billions of people in the region and look well-positioned for growth over the next decade.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another ETF for investors to consider is the BetaShares Nasdaq 100 ETF. This popular ETF provides investors with exposure to the 100 largest non-financial shares on the famous Nasdaq index. This means that investors will be owning a slice of tech giants such as Amazon, Apple, Facebook (Meta), Microsoft, Netflix and Google (Alphabet). And with the Nasdaq index down materially from recent highs following a market selloff, now could be an opportune time to make a long term investment in the ETF.
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 exposure to a portfolio of fairly valued companies with sustainable competitive advantages or moats. There are approximately 50 stocks in its portfolio including Amazon, Berkshire Hathaway, Constellation Brands, Intel, and Microsoft. It is worth highlighting that legendary investor Warren Buffett is a huge fan of companies with moats. So, if you’re aiming to follow his investment style, this ETF could be a good way to do it.