If you'd like to take advantage of recent market weakness to make some investments, but aren't sure which shares to buy, then exchange traded funds (ETFs) could be good options.
That's because ETFs let you invest in a large group of shares in one fell swoop. This allows you to diversify easily and spread your risk.
But which ETFs could be buys? Three that are very popular are listed below. Here's what you need to know about them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ETF to look at is the BetaShares Asia Technology Tigers ETF. It tracks the performance of the largest technology companies that have their main area of business in Asia (excluding Japan). This includes the likes of Alibaba, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent Holdings. BetaShares notes that these companies are revolutionising the lives of billions of people in the region.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another exciting ETF for ASX investors to look at is the BetaShares Global Cybersecurity ETF. The recent hacks of Medibank Private Ltd (ASX: MPL), Optus, and Latitude Group Holdings Ltd (ASX: LFS) demonstrate just how important cybersecurity has become for businesses. This certainly bodes well for the companies included in the HACK ETF, which are the global leaders in the field. Among the ETF's holdings are companies including Accenture, Cisco, Cloudflare, Crowdstrike, Fortinet, Okta, Palo Alto Networks, and Splunk.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A third and final ETF for investors to look at is the VanEck Vectors Morningstar Wide Moat ETF. If you're a Warren Buffett fan, then this ETF could be the one for you. That's because this ETF aims to invest in a group of fairly valued companies that have sustainable competitive advantages. These are qualities that the Oracle of Omaha looks for when he invests. Among the ~50 shares included in the ETF are the likes of Adobe, Alphabet, Amazon, Boeing, Constellation Brands, Microsoft, and Walt Disney.
