If you're wanting to invest in the tech sector after recent weakness but aren't sure which shares to buy, then these exchange traded funds (ETFs) could be worth considering.
The two ETFs below provide investors with easy access to a number of high quality shares in the tech sector. Here's what you need to know about them:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first tech ETF to consider is the BetaShares Global Cybersecurity ETF. This fund gives investors access to the leading companies in the growing global cybersecurity sector.
This is a sector that has been tipped to grow strongly over the next decade due to the rampant rise of cyber crime and the structural shift to the cloud.
Among the companies you'll be investing in with this ETF are Accenture, Cisco, Cloudflare, Crowdstrike, and Okta.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another side of the sector that is booming is the gaming industry. In light of this, the VanEck Vectors Video Gaming and eSports ETF could be a top option for investors.
As its name suggests, this ETF gives investors access to a portfolio of the largest companies involved in the video game industry. These are video game developers and hardware providers.
VanEck highlights that these companies are in a position to benefit from the increasing popularity of video games and eSports.
Among the ETFs major holdings are graphics processing units giant Nvidia and games developers Take-Two Interactive (GTA, Red Dead), Electronic Arts (FIFA, Sims, Apex Legends), and Roblox.