With a new month on the horizon, now could be a good time to consider making some additions to your portfolio.
One investment option that continues to grow in popularity is exchange traded funds (ETFs).
But given the many ETF options out there, it can be difficult to decide which ones to buy ahead of others. To narrow things down, I have picked out three fantastic ETFs that are very popular right now. They are as follows:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF for investors to look at is the BetaShares Global Cybersecurity ETF.
This ETF gives investors access to the leading companies in the global cybersecurity sector. As we have seen this year, cyberattacks are becoming more and more prevalent. As a result, it is no surprise to learn that demand for cybersecurity services is expected to rise strongly in the future.
This bodes well for companies included in the fund such as Accenture, Cisco, Cloudflare, Crowdstrike, Okta, Palo Alto Networks, and Splunk.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another ETF option for investors to consider is the BetaShares NASDAQ 100 ETF.
This ETF gives investors exposure to the 100 largest non-financial shares on the famous NASDAQ index. These are many of the largest companies in the world and household names such as Amazon, Alphabet, Apple, Meta Platforms, Microsoft, and Tesla.
Given the positive long term outlooks of these companies, the Nasdaq 100 (and therefore this ETF) has been tipped to outperform the broader market over the long term.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A final ETF for investors to consider is the VanEck Vectors Morningstar Wide Moat ETF.
This popular ETF gives investors access to a diversified portfolio of companies with sustainable competitive advantages and fair valuations. The portfolio changes constituents periodically but usually includes approximately 50 US based stocks.
At present, its holdings include Amazon, Berkshire Hathaway, Etsy, Intel, Microsoft, and Walt Disney.
