If youâre wanting to invest after the recent market weakness, then exchange traded funds (ETFs) could be a good option if youâre not sure which individual shares to buy.
This is because ETFs allow you to buy multiple (sometimes even thousands) of shares through a single investment.
With that in mind, listed below are two ETFs that could be great options for investors. Hereâs what you need to know about them:
BetaShares Global Energy Companies ETFÂ (ASX: FUEL)
The first ETF that investors might want to look at is the BetaShares Global Energy Companies ETF.
As you might have guessed from its name, this ETF provides investors with an easy way to gain exposure to the energy sector.
This is a sector that looks well-placed to benefit from higher oil prices. Particularly after OPEC announced plans to cut production at the weekend.
This production cut would be good news for the companies held by the fund. This includes BP, Chevron, ConocoPhillips, ExxonMobil, Halliburton, Kinder Morgan, Phillips 66, Royal Dutch Shell, and Total.
In addition, BetaShares notes that these companies are larger, more geographically diversified, and more vertically integrated than Australian-listed energy companies.
VanEck Vectors Video Gaming and eSports ETFÂ (ASX: ESPO)
Another ETF for investors to consider in April is the VanEck Vectors Video Gaming and eSports ETF.
This ETF gives investors access to a portfolio of the largest companies involved in video game development, hardware, and esports.
VanEck highlights that this is an industry benefiting from an estimated 2.7 billion+ gamers globally, which is more than active Apple phones and Netflix subscriptions combined.
According to Statista, revenue in the video games segment was projected to reach US$208.60 billion in 2022 and then grow almost 8% per annum through to US$304.70 billion by 2027.
This bodes well for the companies included in the fund such as graphics processing unit developer Nvidia and gaming giants Electronic Arts, Nintendo, Roblox, Take-Two, and Tencent.
The post 2 high quality ETFs for ASX investors in April appeared first on The Motley Fool Australia.
“Cornerstone” ETFs for building long term wealth…
Scott Phillips says plenty of people who hear the ‘ETFs are great’ story don’t realise one important thing. Not all ETFs are the same — or as good as you may think.
To help investors navigate this often misunderstood area of the market, he’s released research revealing the “cornerstone” ETFs he thinks everyone should be looking at right now. (Plus which ones to avoid.)
Click here to get all the details
*Returns as of April 3 2023
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More reading
- Down over 25% from the peak, can these 2 ASX tech ETFs deliver big returns by 2025?
- 3 excellent ETFs for ASX investors to buy for the long term
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 no position in any of the stocks mentioned. 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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