Exchange traded funds (ETFs) can be great additions to a balanced portfolio. This is because they provide investors with easy access to a large and diverse number of different shares, all through a single investment.
But which ones would be top options for investors today? Listed below are three that could be worth considering:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ETF to consider is the hugely popular BetaShares NASDAQ 100 ETF. This ETF gives investors access to many of the best-known companies in the world such as Amazon, Apple, Meta, Microsoft, Netflix, and Tesla. The ETF manager, BetaShares, highlights that with a strong focus on technology, the fund provides diversified exposure to a high-growth potential sector that is under-represented on the Australian share market. And with the NASDAQ 100 down materially this year, now could be the time to consider a patient long term investment.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A second ETF for investors to look at is the VanEck Vectors Morningstar Wide Moat ETF. This ETF could be a top option for value investors as it aims to invest in a group of fairly valued companies that have sustainable competitive advantages or moats. At present there are approximately ~50 shares included in the ETF. This includes Adobe, Alphabet, Amazon, Boeing, Etsy, MercadoLibre, Microsoft, and Walt Disney.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
A third ETF for ASX investors to consider is the VanEck Vectors Video Gaming and eSports ETF. This ETF gives investors access to a portfolio of the biggest and brightest companies involved in the growing video game industry. These include Activision Blizzard, AMD, Electronic Arts, Nintendo, Nvidia, Roblox, and Take-Two. The fund manager, VanEck, highlights that these companies are well-placed to benefit from the increasing popularity of video games and eSports.