A new financial year is here, so what better time to consider making some portfolio changes.
If you're interested in ETFs, then you may want to consider the three listed below. Here's why they could be top options for investors in FY23:
iShares Global Consumer Staples ETF (ASX: IXI)
The first ETF for investors to look at this financial year is the iShares Global Consumer Staples ETF. As its name implies, this ETF provides investors with exposure to a large number of global consumer staples companies. These are companies that produce essential products such as food, household items, and tobacco. Among its holdings are the likes of Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart.
iShares S&P 500 ETF (ASX: IVV)
Another ETF for ASX investors to consider in FY23 is the iShares S&P 500 ETF. This ETF gives investors exposure to 500 of the top U.S. stocks. This could make it a good option for investors that are wanting to add some diversity to their portfolio. In addition, the fund manager, Blackrock, highlights that the ETF offers long-term growth opportunities for investors thanks to its quality holdings. These holdings include companies such as Amazon, Apple, Disney, Facebook, JP Morgan, Johnson & Johnson, Microsoft, Tesla, and Visa.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
A final ETF for ASX investors to look at this financial year is the VanEck Vectors Video Gaming and eSports ETF. This increasingly popular ETF provides investors with exposure to the growing video gaming market. This includes hardware giant Nvidia and game developers such as Roblox, Take-Two and Electronic Arts. VanEck notes that these companies are in a strong position to benefit from the increasing popularity of video games and eSports.
