Exchange traded funds (ETFs) continue to grow in popularity with investors and it isn't hard to see why.
They give investors easy and low cost access to a large number of different shares that they wouldn't ordinarily have access to. This can be a great way to build a diverse portfolio on a limited budget.
But which ETFs could be in the buy zone now? Two high quality options for investors to consider are listed below. Here's what you need to know about them:
Betashares Global Sustainability Leaders ETF (ASX: ETHI)
The first ETF for investors to consider is the increasingly popular Betashares Global Sustainability Leaders ETF. As you might have guessed from its name, this ETF gives investors exposure to large global stocks that have been identified as "Climate Leaders."
To be included in the fund, a company needs to be of a high quality and, importantly, pass strict ESG screens and be identified as climate leaders.
Among the companies that have been given the tick of approval are the likes of Adobe, Apple, Home Depot, Nvidia, Toyota, and Visa.
Shaw and Partners' analyst Felicity Thomas is a fan of this ETF. She told Livewire earlier this year: "This is one of my favourites, so it's definitely a buy for me. I really like that they do positive carbon screening."
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Another ETF for investors to look at is the Vanguard MSCI Index International Shares ETF.
This is one of the most popular ETFs on the Australian share market with over $4 billion of funds under management.
But that's not overly surprising given that the Vanguard MSCI Index International Shares ETF provides investors with exposure to ~1,500 of the world's largest listed companies. This makes it a great way for investors to instantly diversify their portfolio.
Among the companies you'll be owning a slice of with this ETF are global giants such as Apple, Johnson & Johnson, Nestle, Procter & Gamble, and Visa.