If you're wanting to invest after the recent market weakness, then exchange traded funds (ETFs) could be a good option if you're not sure which individual shares to buy.
This is because ETFs allow you to buy multiple (sometimes even thousands) of shares through a single investment.
With that in mind, listed below are two ETFs that could be great options for investors. Here's what you need to know about them:
BetaShares Global Energy Companies ETF (ASX: FUEL)
The first ETF that investors might want to look at is the BetaShares Global Energy Companies ETF.
As you might have guessed from its name, this ETF provides investors with an easy way to gain exposure to the energy sector.
This is a sector that looks well-placed to benefit from higher oil prices. Particularly after OPEC announced plans to cut production at the weekend.
This production cut would be good news for the companies held by the fund. This includes BP, Chevron, ConocoPhillips, ExxonMobil, Halliburton, Kinder Morgan, Phillips 66, Royal Dutch Shell, and Total.
In addition, BetaShares notes that these companies are larger, more geographically diversified, and more vertically integrated than Australian-listed energy companies.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another ETF for investors to consider in April is the VanEck Vectors Video Gaming and eSports ETF.
This ETF gives investors access to a portfolio of the largest companies involved in video game development, hardware, and esports.
VanEck highlights that this is an industry benefiting from an estimated 2.7 billion+ gamers globally, which is more than active Apple phones and Netflix subscriptions combined.
According to Statista, revenue in the video games segment was projected to reach US$208.60 billion in 2022 and then grow almost 8% per annum through to US$304.70 billion by 2027.
This bodes well for the companies included in the fund such as graphics processing unit developer Nvidia and gaming giants Electronic Arts, Nintendo, Roblox, Take-Two, and Tencent.
