Are you wanting to add some diversification to your portfolio? If you are, then you might want to look at exchange traded funds (ETFs).
The reason for this is that ETFs give investors easy access to a large and diverse number of different shares through just a single investment.
With that in mind, listed below are two ETFs that are popular with investors. Here's what you need to know about them:
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
If you want some exposure to the tech sector outside the status quo (FAANG stocks), then you could take a look at 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. This is an industry benefiting from almost 3 billion active gamers globally (and growing).
And with spending on gaming expected to increase strongly in the future, this bodes well for the companies included in the fund. This includes graphics processing unit developer Nvidia and gaming developers Electronic Arts, Nintendo, Roblox, Take-Two, and Tencent.
Vanguard U.S. Total Market Shares Index ETF (ASX: VTS)
Another ETF that could be a top option for investors looking to diversify their portfolio is the Vanguard US Total Market Shares Index ETF.
This ETF allows investors to buy a slice of approximately 4,000 US listed shares of all shapes and sizes in one fell swoop.
The fund manager, Vanguard, highlights that this allows investors to participate in the long-term growth potential of the US economy and its listed companies.
As well as tech giants such as Amazon, Apple, and Microsoft, you will be buying into iconic US companies such as Bank of America, Boeing, JP Morgan, Starbucks, Tesla, and Walmart.
