These ETFs could be top options for ASX investors…
The post 2 popular ETFs for ASX investors to buy appeared first on The Motley Fool Australia. –
If you’re looking to add some exchange traded funds (ETFs) to your portfolio, then you may want to read on.
Listed below are two popular ETFs that are very popular with investors right now. Here’s what you need to know about them:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ETF to look at is the BetaShares NASDAQ 100 ETF. It aims to track the performance of the NASDAQ-100 Index before fees and expenses. This index comprises 100 of the largest non-financial companies listed on the NASDAQ market, and includes many companies that are at the forefront of the new economy.
BetaShares notes that this area of the market is underrepresented on the ASX. As a result, the ETF may benefit local investors that often have a large allocation to financials and mining companies and little exposure to technology.
Among the companies you’ll be buying a slice of are global giants such as Amazon, Apple, Facebook, Microsoft, Nvidia and Tesla.
In respect to the latter, Tesla appears well-placed for growth over the long term thanks to the ongoing adoption of electric vehicles and its energy storage business. In respect to the former, the company notes that public sentiment and support for electric vehicles are at a never-before-seen inflection point.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
If you already own the BetaShares NASDAQ 100 ETF, then you may want to consider complementing it with the VanEck Vectors Video Gaming and eSports ETF. This ETF gives investors exposure to a portfolio of the largest companies involved in video game development, eSports, and related hardware and software globally.
VanEck notes that these companies are in a position to benefit from the increasing popularity of video games and eSports. Furthermore, it notes that the fund gives investors the option to diversify their portfolio by providing opportunities away from tech giants Apple, Amazon, Facebook, Google and Microsoft.
Among its major holdings are graphics processing units (GPU) giant Nvidia and games developers Take-Two Interactive (GTA, Red Dead), Electronic Arts (FIFA, Sims, Apex Legends), and Activision Blizzard (Call of Duty).
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia has recommended VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.