Exchange traded funds (ETFs) can be a fantastic way to balance out your portfolio. That's because they provide investors with easy access to a large and diverse group of shares.
With that in mind, I have picked out two ETFs that are popular with investors right now. Here's what you need to know about them:
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BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF for ASX investors to look at is the BetaShares Global Cybersecurity ETF.
There's no escaping from the fact that cybercrime is rising and is only going to get worse in the future. Particularly given how much infrastructure is moving online to the cloud.
As a result of this, demand for cybersecurity services and solutions is expected to grow very strongly over the coming years. For example, Statista estimates that the global cybersecurity market will grow from US$217.9 billion in 2021 to US$345.4 billion by 2026.
This bodes well for the companies included in the BetaShares Global Cybersecurity ETF, which are at the forefront of the industry. Among the companies you'll be owning a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, Palo Alto Networks, and Splunk.
Betashares Global Sustainability Leaders ETF (ASX: ETHI)
Another ETF that ASX investors might want to take a look at is the Betashares Global Sustainability Leaders ETF.
This could be a good option for investors that are interested in investing ethically. As its name implies, this ETF gives investors exposure to large global stocks that have been passed strict ESG screens and been identified as climate leaders.
Earlier this year, Shaw and Partners' Felicity Thomas rated the ETF as a buy. She told Livewire: "This is one of my favourites, so it's definitely a buy for me. I really like that they do positive carbon screening. They also pay a 5.7% [now 2.6%] distribution yield, which is great."
Among the shares that you will be owning through the fund are the likes of Adobe, Apple, Home Depot, Intuit, Nvidia, Paypal, Toyota, and Visa.
