If you want some exposure to the mining sector but aren't keen on stock picking, then you could consider buying exchange-traded funds (ETFs).
These clever instruments allow investors to buy large groups of shares through a single investment.
But which ones could you use for access to the mining sector? Well, two quality options that provide this are listed below.
Here's what you need to know about them:
Betashares Global Uranium ETF (ASX: URNM)
The first ASX mining ETF to look at is the Betashares Global Uranium ETF.
The fund manager, Betashares, notes that this ETF allows investors to access the growth potential of the global uranium industry, which is being driven by a sudden uptick in nuclear energy adoption.
This is thanks to nuclear energy increasingly being accepted as a safe, reliable, low-carbon energy source, and as a critical supplementary means of meeting the world's growing energy demands as it decarbonises.
Included in the fund are locally listed Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN).
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
Another ASX mining ETF to consider buying is the ETFS Battery Tech & Lithium ETF. It could be a good option if you believe that electric vehicles are the future and want to gain exposure to battery materials like lithium.
That's because ACDC invests in companies throughout the lithium cycle, including mining, refinement and battery production.
Among its holdings are the likes of Allkem Ltd (ASX: AKE), BYD, Mineral Resources Limited (ASX: MIN), Nissan, Pilbara Minerals Ltd (ASX: PLS), Renault, and Tesla.
