Are you interested in boosting your portfolio with some tech-focused exchange traded funds (ETFs) in October?
If you are, then you may want to look at these highly rated ETFs listed below. Here’s what you need to know about them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF was smashing the market earlier this year until regulatory and economic concerns in China led to a sharp pullback.
While this is disappointing, it could potentially be a buying opportunity for investors looking to make a long term investment in the Asian tech sector.
The BetaShares Asia Technology Tigers ETF allows investors to own a slice of many of the biggest and brightest tech shares in the region. This includes ecommerce giant Alibaba, search engine company Baidu, online retail platform Pinduoduo, and WeChat owner Tencent.
Over the last five years, the index the fund tracks has generated a return of 21.5% per annum for investors.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another option for investors interested in tech shares could be the BetaShares NASDAQ 100 ETF. This hugely popular ETF tracks the performance of the NASDAQ 100 Index before fees and expenses.
This famous index comprises 100 of the largest non-financial companies listed on the NASDAQ stock exchange. This means you’ll be owning a slice of some of the biggest tech companies the world has to offer. These include Google parent Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, and Nvidia.
BetaShares notes that this area of the market is underrepresented on the Australian share market. In light of this, the fund manager feels the ETF could help balance out a portfolio that is heavily weighted to financial and mining companies.
Over the last five years, the BetaShares NASDAQ 100 ETF has also smashed the market. During this time, the ETF has generated a return of 27.9% per annum.
Wondering where you should invest $1,000 right now?
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.
*Returns as of August 16th 2021
- What were the biggest movers on the Nasdaq 100 (ASX:NDQ) overnight?
- 2 very high quality ASX shares to own
- 2 top ASX ETFs that give investors access to Wall Street’s best tech shares
- 3 highly rated ETFs for ASX investors in September
- 2 popular ETFs for ASX investors to buy
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
from The Motley Fool Australia https://ift.tt/3AP41xA