If you're looking for an easy way to diversify your portfolio in October, then exchange-traded funds (ETFs) could be the answer.
But which ETFs should you look at this month?
Listed below are three fantastic ETFs that could be worth considering. Here's what you need to know about them:
Betashares Global Uranium ETF (ASX: URNM)
The first ASX ETF to consider buying in October is the Betashares Global Uranium ETF. This ETF provides investors with exposure to a portfolio of leading companies in the global uranium industry. And with uranium demand expected to grow strongly over the next couple of decades as countries embrace nuclear energy, these companies look well-positioned to benefit. Included in the fund are locally listed Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN).
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ASX ETF that could be a top option this month is the VanEck Vectors Morningstar Wide Moat ETF. This ETF gives investors the opportunity to invest in the type of companies that Warren Buffett buys for Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). These are high-quality companies with fair valuations and sustainable competitive advantages. And given the Oracle of Omaha's success over multiple decades, investors that follow his investment strategy could be making a smart move.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF for investors to consider buying in October is the Vanguard MSCI Index International Shares ETF. This popular ETF gives investors access to a massive 1,000+ of the world's largest listed companies. This makes the Vanguard MSCI Index International Shares ETF a great option if you want to gain exposure to global economic growth. Among the companies that you'll be investing in are giants such as Amazon, Apple, Nestle, and Visa.