Whether you're looking for tech exposure, access to Asia, or an income boost, there's probably an exchange traded fund (ETF) out there for you.
Two that are popular with investors and could help you accomplish your investment goals are listed below. Here's what you need to know about them:
BetaShares S&P 500 Yield Maximiser (ASX: UMAX)
The first ETF to consider right now is the BetaShares S&P 500 Yield Maximiser.
It could be a good option for investors that are searching for a reliable source of income.
That's because BetaShares has implemented an equity income investment strategy over a portfolio of shares comprising the famous S&P 500 Index on Wall Street. This means you'll be investing in dividend-paying companies such as Apple, Bank of America, Exxon Mobil, Johnson & Johnson, Microsoft, and Visa.
However, rather than getting the average yield of the S&P 500 index, BetaShares' equity income investment strategy aims to earn quarterly income that significantly exceeds the dividend yield of the underlying share portfolio over the medium term.
For example, the BetaShares S&P 500 Yield Maximiser's units are currently providing investors with an 8.8% distribution yield.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another ETF for investors to consider is the VanEck Vectors Video Gaming and eSports ETF.
This ETF could be a good option for investors that are looking for exposure to the tech sector outside the status quo.
That's because rather than giving you exposure to the FAANG stocks, this ETF gives investors access to a portfolio of the largest companies involved in video game development, eSports, and related hardware and software globally.
This is a very large (and growing) market with billions of active gamers and competitive video gaming audiences of well over half a billion expected in 2023.
This bodes well for companies included in the fund such as graphics processing units (GPU) giant Nvidia and games developers Take-Two Interactive (GTA, Red Dead), Electronic Arts (FIFA, Sims, Apex Legends), and Roblox.