If you don't have the funds to build a truly diverse portfolio, then exchange traded funds (ETFs) could be a quick fix. This is because ETFs give investors access to a large number of different shares through a single investment.
With that in mind, listed below are three ETFs that could be worth a closer look. Here's what you need to know about them:
BetaShares Crypto Innovators ETF (ASX: CRYP)
The first ETF to look at is the BetaShares Crypto Innovators ETF. The high risk ETF could be a good option for investors that want cryptocurrency exposure but aren't keen investing directly in coins. BetaShares notes that the ETF is designed to capture the full breadth of the crypto ecosystem. This means you'll be owning a slice of crypto exchanges, mining companies, and mining equipment providers. Among its holdings you'll find Coinbase, Riot Blockchain, Robinhood, and Silvergate.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ETF that investors may want to check out is the BetaShares Global Cybersecurity ETF. It provides investors with exposure to the rapidly growing global cybersecurity sector. BetaShares notes that with cybercrime on the rise, demand for cybersecurity services is expected to grow strongly for the foreseeable future. This means companies included in the fund, such as Accenture, Cisco, and Cloudflare, Crowdstrike, and Okta, could experience strong demand for their services over the next decade.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ETF to look at is the Vanguard MSCI Index International Shares ETF. This ETF is arguably as diversified as it gets for investors. There are almost 8 times as many shares included in this fund as there are in the ASX 200 index. These come from all corners of the developed world and include many of the the most iconic companies out there. Among the high quality companies you'll be buying a slice of are Amazon, Apple, Johnson & Johnson, JP Morgan, Nestle, Nvidia, Tesla, and Visa.