Exchange traded funds (ETFs) can be a fantastic way to balance out your portfolio. This is because they provide investors with exposure to groups 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. As its name implies, this popular ETF gives investors exposure to the leading companies in the global cybersecurity sector.
This could be a great place for investors to have exposure to right now. With cyber-attacks rising materially and becoming even more sophisticated each year, demand for cybersecurity servicesis expected to continue increasing in the coming years.
This bodes well for the companies you'll be owning through this fund. This includes the likes of Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.
In respect to CrowdStrike, it delivers incident response and forensic analysis services that are designed to help businesses understand whether or not a breach has occurred. Its platform then allows users to respond and recover from a breach with speed and precision to remediate the threat.
As for Cloudflare, it is an US based web infrastructure and website security company. Its global cloud platform delivers a range of network services to businesses of all sizes around the world, making them more secure while enhancing the performance and reliability of their critical internet properties.
Finally, Okta provides businesses with workforce identity solutions. This ensures that access to information is given only to those that are meant to have it.
Betashares Nasdaq 100 ETF (ASX: NDQ)
Another ETF to consider is the Betashares Nasdaq 100 ETF. This incredibly popular ETF gives investors exposure to 100 of the biggest and brightest (non-financial) companies on the famous Nasdaq stock exchange.
This means you'll be buying a slice of companies at the forefront of the new economy. This includes Amazon, Apple, Facebook, Microsoft, Netflix, Nvidia, and Tesla.
These companies have collectively been outperforming the Australian share market by some distance over the last five years.
And thanks to their positive long term outlooks, experts appear to believe they are well-placed to potentially continue this outperformance over the next five.