There are plenty of exchange traded funds (ETFs) for investors to choose from on the Australian share market. But which ETFs could be top options right now?
Listed below are three excellent ETFs from very different sides of the market that could be worth considering. Here's what you need to know about them:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF for investors to look at is the BetaShares Global Cybersecurity ETF. This fund provides investors with the opportunity to invest in the rapidly growing cybersecurity sector. This means you'll be buying companies such as Accenture, Cisco, Cloudflare, Crowdstrike, and Palo Alto Networks. As we saw countless times last year, cyber attacks are on the rise and demand for cybersecurity services is growing. This bodes well for the companies included in this ETF.
BetaShares Global Energy Companies ETF (ASX: FUEL)
If you're keen to gain exposure to the booming energy market, then the BetaShares Global Energy Companies ETF could be the way to do it. This ETF allows investors to invest in many of the largest energy producers in the world through a single investment. Through this ETF you'll be owning a slice of the likes of BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
A final ETF for investors to look at buying is the BetaShares NASDAQ 100 ETF. This incredibly popular ETF gives investors access to some of the highest quality companies in the world. Among the companies you'll be investing in are Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft, Netflix, and Tesla. With the NASDAQ still down 11% over the last 12 months, then it could be a good time to make a long term investment.