With a new year upon us, now could be a good time to plan some new additions to your portfolio.
If exchange traded funds (ETFs) are of interest to you, then you might want to look at the two listed below. Here's what you need to know about them:
BetaShares Global Cybersecurity ETF (ASX: HACK)
Cybercrime went up a level in 2021, with the media filled with countless stories of data leaks or hackers holding businesses to ransom. Unfortunately, this threat is not going away any time soon, rather it is only expected to get worse.
As a result of this, demand for cybersecurity services and solutions is tipped to grow very strongly over the 2020s. For example, Statista estimates that the global cybersecurity market will grow from an estimated US$217.9 billion in 2021 to US$345.4 billion in 2026.
This could make it well worth gaining exposure to the sector. And one way to achieve this is with the BetaShares Global Cybersecurity ETF.
This increasingly popular ETF gives investors access to the leading companies in the global cybersecurity sector. This includes the likes of Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another ETF to consider is the VanEck Vectors Video Gaming and eSports ETF. This ETF gives investors exposure to a portfolio of the largest companies involved in video game development, eSports, and gaming related hardware and software globally.
Among the companies you'll be owning a slice of are Nvidia and game developers Activision Blizzard, Electronic Arts, Roblox, and Take-Two.
In respect to the latter, Take-Two is the company behind the Grand Theft Auto and Red Dead franchises. Whereas Nvidia is the graphics processing unit (GPU) developer that sparked the growth of the PC gaming market in 1999. In addition, its GPU deep learning ignited modern artificial intelligence, which is the next era of computing.
VanEck points out that these companies are well-placed to benefit from the increasing popularity of video games and eSports.