Exchange traded funds (ETFs) can be a great way to balance out your portfolio. That's because ETFs provide investors with easy access to a large and diverse group of shares that you wouldn't usually have access to.
With that in mind, I have picked out two ETFs that are popular with investors right now. Here's what you need to know about them:
BetaShares Global Cybersecurity ETF (ASX: HACK)
If you're wanting to add some cybersecurity shares to your portfolio then you could do this with the BetaShares Global Cybersecurity ETF. This ETF gives investors exposure to the leading companies in the growing global cybersecurity sector.
Among the companies you'll be investing in with this ETF are Accenture, Cisco, Cloudflare, Crowdstrike, and Okta.
With cybercrime on the rise, demand for cyber security services has been growing fast and is expected to continue doing so in the years to come. This means many leading companies in the industry could be in a position to grow at an above-average rate over the next decade.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ETF for ASX investors to look at this week is the VanEck Vectors Morningstar Wide Moat ETF.
This ETF aims to invest in a group of companies with sustainable competitive advantages and attractive valuations.
Among the approximate 50 companies included in the fund are the likes of Alphabet, Amazon, Boeing, Etsy, Meta Platforms, Microsoft, Pfizer, and Salesforce.
Companies with competitive advantages have historically generated strong returns for investors. It is for this reason that Warren Buffett looks for these advantages when choosing his investments. And given his track record, it would take a brave person to argue against this strategy.
