If you don't have sufficient funds to build a diverse portfolio, then exchange traded funds (ETFs) could be a quick fix.
The is because ETFs give investors access to a large number of different shares through a single investment. This allows you to spread your funds far wider than you would if you were buying individual shares.
With that in mind, I have picked out three ETFs that are very popular with ASX 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. This ETF gives investors exposure to the leading companies in the global cybersecurity sector. This means you'll be buying a slice of companies such as Accenture, Cisco, Cloudflare, Fortinet, Okta, Splunk, Zscaler, Crowdstrike.
Due to the growing threat of cyberattacks globally, demand for cybersecurity services has been increasing strongly. And with this trend expected to continue long into the future, these companies could be in a strong position for growth over the 2020s.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another ETF for investors to look at is the VanEck Vectors Video Gaming and eSports ETF. This ETF gives investors access to companies involved in the growing video gaming market. Among the exciting shares you'll be owning are hardware giant Nvidia and game developers such as Electronic Arts, Roblox, and Take-Two.
VanEck notes that these companies are in a position to benefit from the increasing popularity of video games and eSports. This could bode well for the ETF over the 2020s.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ETF to look at is the Vanguard MSCI Index International Shares ETF. At the last count, this ETF was providing investors with exposure to a whopping 1,504 of the world's largest listed companies.
Among the companies you'll be buying a slice of are giants including Apple, Johnson & Johnson, JP Morgan, Nestle, Procter & Gamble, and Visa. The manager of the fund, Vanguard, notes that the ETF allows investors to take part in the long-term growth potential of international economies. This could make it a good option if your portfolio lacks international exposure.