Are you wanting to add some diversification to your portfolio? If you are, then you might want to look at exchange traded funds (ETFs).
The reason for this is that ETFs give investors easy access to a large and diverse number of different shares through just a single investment.
With that in mind, listed below are two ETFs that are popular with investors. Here's what you need to know about them:
Vanguard MSCI Index International Shares ETF (ASX: VGS)
The first ETF to look at is the Vanguard MSCI Index International Shares ETF. This ETF provides investors with exposure to approximately 1,500 of the world's largest listed companies from major developed countries.
Vanguard highlights that this ETF gives investors low-cost access to a broadly diversified range of securities that allows them to participate in the long-term growth potential of international economies outside Australia.
Among the many high quality companies that investors will be owning a part of are giants such as Apple, Johnson & Johnson, JP Morgan, Nestle, Nvidia, Procter & Gamble, and Visa.
Vanguard U.S. Total Market Shares Index ETF (ASX: VTS)
Another ETF that could be a top option for investors is the Vanguard US Total Market Shares Index ETF. Especially if you'd rather just invest in the United States and not globally.
That's because this ETF allows you to invest into a massive 4,000 US listed shares in one fell swoop.
Vanguard highlights that this allows investors to participate in the long-term growth potential of US listed companies.
As well as tech giants such as Amazon, Apple, and Microsoft, you'll be buying a slice of iconic US companies such as Boeing, JP Morgan, Starbucks, Tesla, and Walmart.