If you don't have sufficient funds to build a diverse portfolio, then exchange traded funds (ETFs) could be a quick way to fix this. This is because ETFs give investors access to a large number of shares through a single investment.
With that in mind, I have picked out three ETFs that trade on the ASX that could be good options. Here's what you need to know about them:
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BetaShares Asia Technology Tigers ETF (ASX: ASIA)
If you want to gain exposure to the growing Asian economy, then the BetaShares Asia Technology Tigers ETF could help you achieve it. This ETF gives investors a slice of a number of the most promising tech shares in the Asian market. This means you'll be owning well-known companies such as ecommerce giant Alibaba, search engine company Baidu, online retail platform Pinduoduo, and WeChat owner Tencent.
The index the fund tracks has generated a return of 24.6% per annum over the last five years.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ASX ETF to look at is the BetaShares Global Cybersecurity ETF. As it names implies, this ETF gives investors exposure to the leading companies in the global cybersecurity sector. This could be a great place to invest, given how demand for cybersecurity services continues to increase due to the growing threat of cyberattacks. Included in the ETF are quality companies such as Accenture, Cisco, Cloudflare, Crowdstrike, Fortinet, Okta, Splunk, and Zscaler.
Over the last five years, the index the BetaShares Global Cybersecurity ETF tracks has delivered a return of 20.1% per annum.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
A final ETF for ASX investors to look at is the VanEck Vectors Video Gaming and eSports ETF. It gives investors exposure to the largest companies involved in video game development, hardware, and esports. This means you'll be owning companies such as Activision Blizzard, AMD, Electronic Arts, Nintendo, Nvidia, Roblox, and Take-Two. VanEck notes that these companies are well-placed to benefit from the increasing popularity of video games and eSports.
The index the VanEck Vectors Video Gaming and eSports ETF tracks has generated an average return of 33.6% per annum over the last five years.
