As my colleague wrote recently, exchange traded funds (ETFs) continue to grow in popularity with Australian investors.
After two record-breaking months of inflows in a row, the Australian ETF industry is now worth an estimated $73.8 billion.
Unsurprisingly, with more and more funds piling in, the number of ETFs for investors to choose from has continued to grow.
Among the many options. here are two popular ETFs that investors ought to know about :
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF gives investors the opportunity to invest in the biggest and brightest technology and ecommerce companies that have their main area of business in Asia. BetaShares notes that through a single trade, this ETF provides diversified exposure to a high-growth sector that is under-represented in the Australian share market.
There are a total of 50 companies included within the ETF. Among these you will find industry giants such as Alibaba, Baidu, JD.com, and Tencent Holdings. The latter is the company behind the hugely popular WeChat app, which has over 1.2 billion users. It is also a substantial shareholder of Afterpay Ltd (ASX: APT).
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another popular ETF from BetaShares is the BetaShares NASDAQ 100 ETF. As its name implies, this ETF aims to track the performance of the NASDAQ 100. This comprises 100 of the largest non-financial companies listed on Wall Street's famous exchange.
Among the 100 companies you will find tech giants such as Amazon, Apple, Microsoft, Netflix, and Google parent, Alphabet. In addition, investors will be gaining a slice of non-tech household names including Starbucks, Pepsico, and Lululemon.
BetaShares notes that the ETF has a strong focus on technology, which once again gives diversified exposure to a high-growth potential sector that is under-represented in the Australian share market.
