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Exchange-traded funds (ETF) can be a great addition to a balanced portfolio. This is because they provide investors with easy access to a large and diverse number of different stocks in a single investment.
But which ones would be the best options for investors today? Below are three to consider:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ETF to consider is a very popular one BetaShares NASDAQ 100 ETF. This ETF gives investors access to many of the most famous companies in the world, such as Amazon, Apple, Meta, Microsoft, Netflix and Tesla. The ETF’s manager, BetaShares, emphasizes that with a strong focus on technology, the fund provides diversified exposure to a sector with high growth potential that is underrepresented in the Australian share market. And with the NASDAQ 100 down significantly this year, now may be the time to think about long-term investments.
VanEck Vectors Morningstar Wide Moat ETF (ASX: ROV)
The second ETF for investors is this VanEck Vectors Morningstar Wide Moat ETF. This ETF may be a better option for value investors as it focuses on investing in a group of fairly valued companies that have sustainable competitive advantages or ditches. There are currently about ~50 stocks included in the ETF. This includes Adobe, Alphabet, Amazon, Boeing, Etsy, MercadoLibre, Microsoft and Walt Disney.
VanEck Vectors Video Game and Esports ETF (ASX: ESPO)
A third ETF for ASX investors is this VanEck Vectors Video Game and Esports ETF. This ETF gives investors access to a portfolio of the biggest and brightest companies involved in the growing video game industry. These include Activision Blizzard, AMD, Electronic Arts, Nintendo, Nvidia, Roblox and Take-Two. Fund manager VanEck emphasizes that these companies are well positioned to benefit from the growing popularity of video games and eSports.