If you're looking for an easy way to diversify your portfolio, then exchange traded funds (ETFs) could be the answer.
But which ETFs should you look at? Listed below are three excellent ETFs that could be worth considering this month. 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. BetaShares highlights that this high risk ETF provides investors with "picks and shovels" exposure to the companies that are building the crypto economy. These are mining equipment providers, crypto trading venues, and other key service providers. At present, the ETF is invested in almost 40 crypto leaders such as Coinbase, Riot Blockchain, and Microstrategy. It also owns shares with indirect exposure such as Block/Square, PayPal, and Robinhood.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ETF for investors to look at is the VanEck Vectors Morningstar Wide Moat ETF. This ETF provides investors with an easy way to invest in the type of companies that Warren Buffett buys. The ETF currently contains ~50 attractively priced companies with sustainable competitive advantages or moats. These include the likes of Alphabet (Google), Altria, Boeing, Coca Cola, Meta (Facebook), Kellogg Co, and Walt Disney.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
A final ETF for ASX investors to look at is the VanEck Vectors Video Gaming and eSports ETF. This ETF gives investors easy access to a global video game market estimated to comprise 2.7 billion active gamers. Among the companies included in the fund are AMD, Electronic Arts, Nintendo, Nvidia, Roblox, and Take-Two. VanEck notes that these companies are well-placed to benefit from the increasing popularity of video games and eSports.