Exchange traded funds (ETFs) can be a great way for investors to diversify a portfolio. This is because they give investors access to a large group of shares through just a single investment.
But which ETFs should you look at? Listed below are two ETFs that have fallen heavily in 2022 and are now trading close to 52-week lows. This could make them top options for long term focused investors. Here's what you need to know about them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ETF for ASX investors to look at is the BetaShares Asia Technology Tigers ETF. This popular ETF gives investors easy exposure to many of the Asian region's most exciting growth shares.
The BetaShares Asia Technology Tigers ETF unit price is down 25% since the start of the year. This has been driven by weakness in the tech sector and regulatory concerns in China.
At present, the ETF is home to ~50 tech companies that are leading Asia's technological revolution. Among the ETF's holdings are giants such as Alibaba, Baidu, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent.
In respect to Baidu, it is the search engine giant regarded as the Google of China. It is also an artificial intelligence leader and is aiming to be an autonomous vehicle powerhouse.
Whereas Tencent is the tech giant responsible for the WeChat super app which is used by approximately a billion people. This app also has a virtual duopoly with Alibaba's Ant Group in the mobile payments industry in the country.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another beaten down ETF for ASX investors to look at is the BetaShares Global Cybersecurity ETF. This ETF gives investors exposure to the leading companies in the growing global cybersecurity sector.
The BetaShares Global Cybersecurity ETF unit price is down almost 20% since the start of the year. Once again, this has been driven by weakness in the tech sector amid rising rates and inflation.
While this is disappointing, it could be a buying opportunity given the increasing demand for cybersecurity services as more infrastructure shifts to the cloud and cyber attacks increase.
Among the companies you'll be owning with the ETF are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.
CrowdStrike provides the popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred.
Where Okta is a leading provider of workforce identity solutions. It provides cloud software that helps companies manage and secure user authentication into applications.