With inflation showing signs of easing globally, the outlook for the tech sector is improving by the day.

If you’re wanting to invest in the sector before it rebounds fully, then the exchange traded funds (ETFs) listed below could be worth considering.

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

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ASX tech ETF for investors to consider is the BetaShares Global Cybersecurity ETF.

As you might have guessed from its name, this ETF gives investors exposure to the leading companies in the global cybersecurity sector.

And what a place to be right now! Last year there were countless cyber attacks reported in the media. Medibank, Optus, Rockstar, and Uber were just a few notable examples.

These attacks demonstrate how the internet is a bit like the Wild West for businesses (and consumers) right now and that going without adequate cybersecurity is a major risk.

In light of this, it wouldn’t be surprising if the already strong and growing demand for cybersecurity services went up a gear in 2023.

This bodes well for companies included in the fund such as Accenture, Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

Another tech ETF for investors to consider is the VanEck Vectors Video Gaming and eSports ETF.

This ETF gives investors exposure to many of the largest companies involved in video game development, eSports, and gaming related hardware and software.

VanEck notes that the increasing popularity of video games and eSports means that these companies are well-placed to benefit.

One of the companies in the fund is Roblox. It is the game developer behind the eponymous Roblox online metaverse platform and game creation system. At the last count, Roblox had 56.7 million daily active users and was generating significant revenue from them.

In addition, you’ll be buying a slice of game developers Activision Blizzard, Take-Two, and Electronic Arts, as well as graphics processing unit (GPU) developer Nvidia.

The post Tech rebound! Here are 2 ASX ETFs to buy before it’s too late appeared first on The Motley Fool Australia.

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More reading

• US inflation is cooling: I’d buy these 3 ASX shares right now
• These could be top ETFs for ASX investors to buy in January
• 3 excellent ETFs for ASX investors to buy in January
• 3 fantastic ETFs for ASX investors to buy for 2023

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. has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended VanEck Vectors Video Gaming And eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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