If you’re a tech investor then you’ll want to know about these ETFs…
The post These ASX ETFs give investors access to global tech giants appeared first on The Motley Fool Australia. –
While the Australian tech sector is home to some high quality companies, it still pales in comparison to the US tech sector.
Luckily for investors, the emergence of exchange traded funds (ETFs) in recent years means it is incredibly easy now to gain exposure to tech stocks on Wall Street.
For example, the two ETFs listed below allow investors to buy a slice of some of the largest and highest quality tech companies in the world. Here’s what you need to know about them:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF to consider is the BetaShares Global Cybersecurity ETF. This fund gives investors exposure to a total of 40 cybersecurity companies. This includes industry giants and emerging players in the rapidly growing sector.
Among the companies you’ll be owning a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, Fortinet, Okta, Proofpoint, Splunk, and Zscaler.
The index the fund tracks has generated an average annual return of 20.1% over the last five years. This would have turned a $10,000 investment into ~$25,000. And given how demand for cybersecurity services continues to grow, the next five years look very positive for the companies in the fund.
Betashares Nasdaq 100 ETF (ASX: NDQ)
Another ETF from BetaShares to consider is the Betashares Nasdaq 100 ETF. This extremely popular ETF gives investors access to 100 of the largest (non-financial) companies on the famous Nasdaq stock exchange.
This means you’ll be getting exposure to tech giants such as Amazon, Apple, Facebook, Microsoft, Netflix, Nvidia, Tesla, and Google parent Alphabet.
As with the BetaShares Global Cybersecurity ETF, the Betashares Nasdaq 100 ETF has been generating strong returns for investors in recent years. Since this time in 2016, the ETF has provided investors with a return of 23.6% per annum. This would have turned a $10,000 investment into ~$28,850.
As a comparison, over the last five years the S&P/ASX 200 Index (ASX: XJO) has generated a total average return of 10% per annum.
The post These ASX ETFs give investors access to global tech giants appeared first on The Motley Fool Australia.
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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 BETA CYBER ETF UNITS and BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BETA CYBER ETF UNITS and BETANASDAQ ETF UNITS. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.