With a new year very much on the horizon, now could be a good time to consider making some additions to your portfolio.
If you're interested in exchange traded funds (ETFs), then you may want to take a look at the three highly rated ETFs listed below. Here's what you need to know about them:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF for investors to look at in 2023 is the BetaShares Global Cybersecurity ETF.
This ETF gives investors access to the leading companies in the growing global cybersecurity sector.
As we have seen this year, cyberattacks are becoming more and more frequent and destructive for businesses. As a result, demand for cybersecurity services is expected to rise strongly in the coming years, which is good news for the companies included in the ETF.
This includes industry leaders such as Accenture, Cisco, Cloudflare, Crowdstrike, Okta, Palo Alto Networks, and Splunk.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ETF for investors to consider for 2023 is the VanEck Vectors Morningstar Wide Moat ETF.
This Warren Buffett inspired ETF gives investors access to a diversified portfolio of companies with sustainable competitive advantages and fair valuations. The MOAT ETF's portfolio changes constituents periodically but usually includes approximately 50 US based stocks.
At present, its holdings include Amazon, Berkshire Hathaway, Intel, Microsoft, and Walt Disney.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ETF for investors to consider next year is the popular Vanguard MSCI Index International Shares ETF.
This ETF gives investors an easy way to diversify a portfolio. That's because it provides investors with access to around 1,500 of the world's largest listed companies. As well as diversity, it allows investors to take part in the long term growth potential of international economies.
Among the high quality shares that you'll be owning a slice of are giants including Amazon, Apple, Nestle, Nvidia, Procter & Gamble, Tesla, and Visa.