2 fantastic ETFs for ASX investors to buy in February

Not sure which shares to buy? Then ETFs could be a good option for you…

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The letters ETF sit in orange on top of a chart with a magnifying glass held over the top of it.

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If you're wanting to invest but aren't sure which shares to buy, then exchange traded funds (ETFs) could be a good option.

This is because ETFs allow you to buy a large number of shares through a single investment.

But which ETFs could be top options right now? Here are two that could be worth considering:

BetaShares Global Energy Companies ETF (ASX: FUEL)

The first ETF for investors to look at this month is the BetaShares Global Energy Companies ETF.

As its name implies, this ETF provides investors with an easy way to gain exposure to the energy sector, which is benefiting greatly from high oil prices at present.

In fact, just yesterday Shell reported its highest profits in its 115-year history. The energy giant doubled its full year earnings to a whopping US$39.9 billion.

The good news is that Shell is one of the leading energy producers that the ETF gives investors access to. Other holdings include fellow energy giants BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, and Total.

iShares S&P 500 ETF (ASX: IVV)

Another ETF for investors to look at in February is the iShares S&P 500 ETF.

This ETF gives investors easy access to Wall Street's famous S&P 500 Index. This index is the benchmark in the United States and covers a wide range of sectors including energy, real estate, healthcare, and tech.

This means that buying this ETF provides almost instant diversification for a portfolio.

Among the 500 companies included in the fund are household names and industry giants. These include Amazon, Apple, Warren Buffett's Berkshire Hathaway, Facebook (Meta), JP Morgan, Johnson & Johnson, Mastercard, Microsoft, Tesla, Visa, and Walmart.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended iShares S&p 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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