If you're wanting to diversify your portfolio with some international options, then you might want to look at exchange traded funds (ETFs).
ETFs give investors easy access to a large and diverse number of different shares through a single investment. This makes them a great idea if you're wanting diversification but don't have the funds to spread across a large number of individual shares.
With that in mind, listed below are two ETFs which are highly rated. Here's what you need to know about them:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ASX 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.
BetaShares notes that in a world where smart, connected devices already far outnumber humans, investors are increasingly recognising the growth opportunities presented by the global cybersecurity sector.
As the HACK ETF provides access to a portfolio of leading companies from around the world which are working to reduce the impact of cybercrime, this ETF could be a great way to gain exposure to this growth sector.
Included in the fund are both global cybersecurity giants and emerging players from a range of global locations. Among its holdings you'll find Accenture, Cisco, Cloudflare, Crowdstrike, and Okta.
The latter provides large enterprises with workforce identity solutions. Demand for its offering has been growing rapidly over the 12 months as more people work from home.
Over the last three years, the ETF has generated a return of 25.1% per annum for investors.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
The VanEck Vectors Morningstar Wide Moat ETF gives investors exposure to a diversified portfolio of attractively priced US companies with sustainable competitive advantages.
Among the 49 stocks included in the portfolio, you'll find the likes of Amazon, Bank of America, Berkshire Hathaway, Constellation Brands, Intel, McDonalds, and Microsoft.
Berkshire Hathaway is of course Warren Buffett's multinational conglomerate. Over the years the conglomerate has acquired well-known companies such as Duracell, GEICO, and See's Candies, among countless others. It also has large stakes in the likes of American Express, Apple, Coca-Cola, Kraft Heinz, and Wells Fargo.
These successful acquisitions and investments have led to its shares generating staggering returns for investors over the last five decades. Few investors would bet against Buffett's investments doing the same in the future.
Over the last five years, the ETF has provided investors with a total return of 17.1% per annum.