Exchange traded funds (ETFs) can be a fantastic way to balance out your portfolio. This is because ETFs provide investors with easy access to a large and diverse group of shares.
With that in mind, I have picked out two ETFs that are popular with investors right now. Here's what you need to know about them:
Betashares Global Sustainability Leaders ETF (ASX: ETHI)
The first ETF for ASX investors to take a look at is the Betashares Global Sustainability Leaders ETF.
It could be a good option for investors looking for ethical options. That is because the ETF gives investors exposure to large global stocks that have been passed strict ESG screens and been identified as climate leaders. Among the shares included in the fund are the likes of Adobe, Apple, Home Depot, Nvidia, Toyota, and Visa.
Shaw and Partners' Felicity Thomas recently rated the ETF as a buy. She told Livewire: "This is one of my favourites, so it's definitely a buy for me. I really like that they do positive carbon screening. They also pay a 5.7% distribution yield, which is great."
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another ETF that could be a top option is the VanEck Vectors Video Gaming and eSports ETF.
As its name implies, this ETF gives investors exposure to a portfolio of the largest companies involved in the video game industry. This includes 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. It notes that there are 2.7 billion active gamers worldwide, which is more than iPhone users and Netflix users combined.
Among the ETF's 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.