There are a growing number of exchange traded funds (ETFs) for investors to choose from on the Australian share market.
Three that could be worth getting better acquainted with next week are listed below. Here's what you need to know about them:
BetaShares Cloud Computing ETF (ASX: CLDD)
With the world rapidly moving to the cloud, companies with exposure to cloud computing look well-placed for growth over the next decade. This could make the BetaShares Cloud Computing ETF worth a look. This ETF aims to track the performance of the Indxx Global Cloud Computing Index, which includes leading global companies involved in the delivery of computing services, servers, storage, databases, networking, software, analytics and other services over the internet. Through this ETF, you'll be buying a slice of companies such as Dropbox, Netflix, Shopify, and Zoom.
BetaShares Crypto Innovators ETF (ASX: CRYP)
The BetaShares Crypto Innovators ETF could be worth looking at if you're interested in the high risk world of cryptocurrencies. The fund manager notes that the ETF allows investors to access the growth potential of the crypto economy through exposure to a portfolio of companies at the forefront of the crypto world. This includes crypto trading platforms, crypto mining and mining equipment firms, and other companies servicing crypto-markets. Among its holdings you'll find Coinbase, Silvergate, and Riot Blockchain.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ETF for investors to look at next week is the Vanguard MSCI Index International Shares ETF. This ETF provides investors with easy access to the world's largest listed companies. Vanguard notes that this allows investors to take part in the long term growth potential of international economies. Among the ~1,500 companies included in the ETF are Apple, Johnson & Johnson, JP Morgan, Nestle, Procter & Gamble, and Visa.