BetaShares Global Cybersecurity ETF (ASX:HACK) and this high quality ETF could be worth considering this week. Here’s why…
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Exchange traded funds (ETFs) can be a fantastic way to balance out your portfolio. This is because ETFs provide investors with easy access to a large and diverse group of shares that you wouldn’t ordinarily have access to.
With that in mind, I have picked out two ETFs that are popular with investors right now. Here’s what you need to know about them:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF to look at is the BetaShares Global Cybersecurity ETF. It aims to track the performance of an index providing investors with exposure to the leading companies in the growing global cybersecurity sector.
Given how cyber crime is on the rise, demand for cyber security services is growing fast. This means many leading companies in the industry could be in a position to grow at an above-average rate over the next decade.
Among the companies you’ll be buying a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, and Okta. As you may have noticed, there aren’t any Australian companies included in the fund. This is because this particular sector is under-represented on the ASX. This arguably makes this ETF even more attractive for local investors.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Another ETF to consider is the Vanguard MSCI Index International Shares ETF. This ETF provides investors with exposure to the world’s largest listed companies.
Vanguard notes that this ETF provides Australian investors with exposure to many of the world’s largest companies listed in major developed countries. It also offers low-cost access to a broadly diversified range of stocks that allows them to participate in the long-term growth potential of international economies outside Australia.
Among its 1529 holdings are the likes of Apple, Johnson & Johnson, JP Morgan, Nestle, Procter & Gamble, and Visa.
Another positive is that the ETF offers investors a source of income. At the last count, its units were providing investors with a 1.6% yield.
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of February 15th 2021
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of BETA CYBER ETF UNITS. The Motley Fool Australia has recommended Vanguard MSCI Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.