A new month is on the horizon, so what better time to consider making some portfolio changes.
And if you're interested in exchange-traded funds (ETFs), then it could be worth looking at the three highly rated ASX ETFs listed below in July. Here's what you need to know about them:
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BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ASX ETF to consider in July is the BetaShares Global Cybersecurity ETF. As you might have figured out from its name, this ETF provides investors with access to the growing cybersecurity sector. This means you'll be owning cybersecurity companies such as Accenture, Cisco, Cloudflare, Fortinet, Okta, Splunk, Zscaler and Crowdstrike. Given that cybersecurity is becoming increasingly important and a failure to protect data can lead to significant brand damage, financial loss, and penalties, demand for services is expected to grow strongly in the future. This bodes well for the companies included in the fund.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another ASX ETF for investors to consider in July is the hugely popular BetaShares NASDAQ 100 ETF. It gives investors exposure to many of the largest and best-known companies in the world. This includes tech giants such as Amazon, Apple, Facebook, Microsoft, Netflix, and Tesla. BetaShares highlights that the ETF's strong focus on technology provides diversified exposure to a high-growth potential sector that is under-represented on the ASX.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A final ASX ETF for investors to look at for July is the VanEck Vectors Morningstar Wide Moat ETF. This fund provides investors with easy access to a group of companies that Warren Buffett might buy. The ETF currently contains ~50 attractively priced companies with sustainable competitive advantages. These include the likes of Alphabet, Blackrock, Boeing, Domino's Pizza Inc, Meta Platforms, Transunion, and Walt Disney.
