2 exciting tech ETFs for ASX investors to buy before the market bounces

If you want to invest in the technology sector before the market rebounds, then exchange-traded funds (ETF), listed below, should be considered.

Here’s why they might be great options right now:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first technology ETF to look at is this one BetaShares Asia Technology Tigers ETF. It gives investors easy access to ~50 of the largest technology companies operating in Asia.

These companies, known as Tigers (hence the name of the ETF), include big-name players such as Alibaba, Baidu, Infosys, JD.com, Samsung and Tencent Holdings. In addition, there are lesser-known companies (to Westerners) such as Kuaishou Technology, Meituan Dianping and Pinduoduo included in the fund, which makes many Australian tech companies look downright tiny.

Pinduoduo, for example, is an e-commerce platform that connects distributors with consumers directly through an interactive shopping experience. This allows buyers to group together to buy items in bulk at lower prices. Its active customer base is approaching 1 billion.

VanEck Vectors Video Game and Esports ETF (ASX: ESPO)

Another tech ETF to consider next week is this one VanEck Vectors Video Game and Esports ETF. This ETF gives investors exposure to many of the largest companies involved in the development of video games, esports, and gaming-related hardware and software.

There are a number of high-quality growth companies that you will own with the fund. These include game developers Activision Blizzard, Roblox, Take-Two and Electronic Arts, as well as graphics processing unit (GPU) developer Nvidia.

As for Roblox, it is the game developer behind the Metaverse Roblox online platform and game creation system of the same name. At last count, Roblox had 52 million daily active users.