If you're wanting to diversify your portfolio quickly, then exchange traded funds (ETFs) could help you achieve this. But which ETFs should you consider buying?
Listed below are two popular ETFs that are highly rated:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ETF to look at is the BetaShares Asia Technology Tigers ETF. It gives investors exposure to approximately 50 of the Asian region's largest technology and ecommerce companies.
Through this ETF you'll be buying a slice of tech giants such as Alibaba, Baidu, Infosys, JD.com, Kuaishou Technology, Meituan Dianping, Pinduoduo, Samsung, and Tencent Holdings.
In respect to Tencent, it is a multinational technology conglomerate and one of the largest companies in the region (and the world).
Tencent is best known for its communication and social platforms, Weixin, WeChat and QQ. These are the dominant platforms in the region by some distance. For example, earlier this year, the company revealed that WeChat users had reached 1,288 million.
The company also has plenty of other businesses such as Tencent Music, Tencent Meeting, and Tencent Games, to name just three.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ETF for investors to consider buying is the BetaShares Global Cybersecurity ETF. This fund tracks the performance of an index covering the leading companies in the growing global cybersecurity sector.
With cybercrime on the rise and demand for cyber security services growing fast, the companies included in the fund appear well-placed for long term growth. This includes Accenture, Cisco, Cloudflare, Crowdstrike, and Okta.
In respect to CrowdStrike, it provides the popular Falcon platform that delivers incident response and forensic analysis services. These have been designed to help businesses understand whether a breach has occurred.
