If you're looking to invest in exchange traded funds (ETFs), then it could be worth considering the three listed below.
These three ETFs are popular with investors and it isn't hard to see why. Here's what you need to know about them:
BetaShares Global Energy Companies ETF (ASX: FUEL)
You only need to look at the price you are paying for petrol to know that oil prices are booming right now. And with supply likely to remain tight for a while to come due to the blacklisting of Russian oil, companies producing the black gold look set to generate big profits. In light of this, the BetaShares Global Energy Companies ETF could prove to be a great option for investors. This ETF provides investors with easy access to many of the largest energy producers in the world. This includes the likes of BP, Chevron, ExxonMobil, and Royal Dutch Shell.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The BetaShares NASDAQ 100 ETF and the index this fund tracks are having a very tough year. And while they may not yet have found a bottom, each decline is making the BetaShares NASDAQ 100 ETF more attractive. After all, this ETF is home to many of the world's greatest companies. This includes giants such as Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, and Tesla. In a few years, we may look back on this period as being one of the best buying opportunities we've had in a long time.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
A final ETF for ASX investors to look at is the VanEck Vectors Video Gaming and eSports ETF. As with the BetaShares NASDAQ 100 ETF, this ETF has been hammered this year. This could also prove to be a fantastic buying opportunity, especially given the strong growth potential of the companies included in this fund. These are many of the biggest companies in a global video game market estimated to comprise 2.7 billion active gamers. Among the shares that are included in the fund are AMD, Electronic Arts, Nintendo, Nvidia, Roblox, and Take-Two.
