If you're not keen on stock picking in the current environment of heightened volatility, then exchange traded funds (ETFs) could be a good alternative.
That's because ETFs allow investors to buy large groups of shares through a single investment.
But which ETFs could be worth considering right now? Two quality ETFs that might be considered safe options for investors are listed below. Here's what you need to know about them:
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iShares Global Consumer Staples ETF (ASX: IXI)
The first ETF for investors to look at is the iShares Global Consumer Staples ETF.
As its name indicates, this ETF provides investors access to a large group of consumer staple companies. These companies could be great for investors with a lower risk appetite.
That's because consumer staples companies provide products that are in demand with consumers whatever happens in the economy. This means they are likely to continue growing through most cycles. They also tend to have strong pricing power, which offers some protection from inflation.
Among the ETF's holdings are many of the world's largest global consumer staples companies such as Coca-Cola Company, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart.
iShares S&P 500 ETF (ASX: IVV)
Another ETF for investors to look at right now is the iShares S&P 500 ETF.
It is a case of safety in numbers with this ETF. That's because it gives investors easy access to 500 of the top listed companies in the United States.
This means you'll be buying a slice of a diverse group of shares from different industries and sectors.
Among its holdings are household names such as Amazon, Apple, Disney, Facebook, JP Morgan, Johnson & Johnson, Microsoft, Tesla, and Visa.
