If you have space for some new exchange-traded funds (ETFs) in your portfolio, then keep reading!
Listed below are five ASX ETFs that are highly rated right now and could be great options for investors.
Here's what you need to know about them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ASX ETF to look at is the BetaShares Asia Technology Tigers ETF. It gives investors easy access to a group of the best tech stocks in the Asian region (but excluding Japan). Many of these companies are the region's equivalents of the West's biggest and best tech giants. Among its holdings are e-commerce giant Alibaba, search engine leader Baidu, and WeChat owner Tencent.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ASX ETF that could be a buy is the BetaShares Global Cybersecurity ETF. It gives investors exposure to the global cybersecurity industry, which could be a great place to be. That's because this side of the tech sector has been tipped to grow at a rapid rate over the next decade. This is due to the rising threat of cybercrime and the shift to the cloud. Its holdings include the leaders in the industry, as well as emerging players.
Betashares Global Uranium ETF (ASX: URNM)
A third ASX ETF that could be a buy is the Betashares Global Uranium ETF. This fund gives investors access to a portfolio of leading companies in the global uranium industry. And with uranium demand expected to surge over the next decade due to nuclear power adoption, the companies included in the ETF may be well-positioned to benefit from strong prices. Among its holdings are locally listed uranium miners Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN).
iShares Global Consumer Staples ETF (ASX: IXI)
Another ASX ETF for investors to consider is the iShares Global Consumer Staples ETF. This fund gives investors access to some of the world's largest consumer staples companies. These are highly defensive companies that are generally regarded as low risk options. This could make the ETF a good pick if you're looking for some stability in your portfolio during the current market volatility. Among the fund's holdings are global giant Coca-Cola, Nestle, Procter & Gamble, and Unilever.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A final ASX ETF to look at is the VanEck Vectors Morningstar Wide Moat ETF. This ETF has a focus on investing in high-quality companies with fair valuations and sustainable competitive advantages. These are the qualities that Warren Buffett looks for when making his investments. And history shows that it is never a bad idea to follow the Oracle of Omaha's lead.
