Exchange traded funds (ETFs) can be great additions to a balanced portfolio. This is because they give investors easy access to a large and diverse number of different shares.
Due to their growing popularity, there are an increasing number of ETFs for investors to choose from. In order to narrow things down, listed below are a couple of ETFs that could be worth a closer look next week. They are as follows:
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BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF for ASX investors to look at next week is the BetaShares Global Cybersecurity ETF. This fund provides investors with exposure to the leaders in the global cybersecurity sector. BetaShares notes that this sector is heavily under-represented on the ASX, which could make this ETF particularly attractive for local investors.
Especially given how many analysts are forecasting the sector to grow materially in the future because of the increasing importance of cybersecurity due to the growing threat of cyberattacks. Among the companies in the BetaShares Global Cybersecurity ETF are cybersecurity giants such as Accenture, Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.
VanEck Vectors Australian Banks ETF (ASX: MVB)
Another ETF for investors to take a look at is the VanEck Vectors Australian Banks ETF. If you are wanting some exposure to the banking sector, but aren't sure which bank to buy above others, then this ETF could be the answer.
The VanEck Vectors Australian Banks ETF allows you to own a slice of Commonwealth Bank of Australia (ASX: CBA) and all the big four banks, the regionals, and investment bank Macquarie Group Ltd (ASX: MQG) through a single investment. Another positive is that as these bank shares are traditionally big dividend payers, this ETF could provide investors with a source of income.
