Do you have room for some ASX exchange-traded funds (ETFs) in your portfolio this month? If you do, then it could be worth looking at the four listed below.
Here's what you need to know about these funds:
Betashares Global Uranium ETF (ASX: URNM)
The first ASX ETF for investors to look at in February is the Betashares Global Uranium ETF. It aims to track the performance of an index that provides exposure to a portfolio of leading companies in the global uranium industry. These companies look incredibly well-placed for growth over the next decade thanks to strong demand and weak supply of the chemical element. Among its holdings are uranium shares Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN).
BetaShares NASDAQ 100 ETF (ASX: NDQ)
One of the most popular ASX ETFs out there at the moment is the BetaShares NASDAQ 100 ETF. And it isn't hard to see why over $4 billion is invested in the fund. That's because it gives investors easy access to 100 of the largest non-financial shares on the famous NASDAQ index. This includes many of the world's largest tech companies such as Apple and Microsoft.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
If you're looking for some exposure to the tech sector then the VanEck Vectors Video Gaming and eSports ETF could be worth considering. The fund manager, VanEck, highlights that the ETF gives investors access to a global video game market that is estimated to comprise close to 3 billion active gamers. Among its holdings are the biggest players in the industry such as Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and Nintendo.
Vanguard Australian Shares Index ETF (ASX: VAS)
Another ASX ETF for investors to look at is the Vanguard Australian Shares Index ETF. It is an index-based fund that aims to track the ASX 300 index. This means that you will be buying a slice of Australia's leading 300 listed companies. Among this diverse group of shares are companies as large as BHP Group Ltd (ASX: BHP) and as small as Adairs Ltd (ASX: ADH). Another positive is that the ETF provides investors with a decent yield. At present it sits around 3.8%.
