One of the most popular exchange-traded funds (ETFs) for investors looking to invest in the tech sector is the Betashares Nasdaq 100 ETF (ASX: NDQ).
This isn’t a surprise. The fund provides investors with easy access to 100 of the largest non-financial companies on the famous NASDAQ index.
This includes giants such as Apple, Microsoft, and Nvidia.
But it isn’t the only way to invest in the tech sector. The two ASX tech ETFs listed below could also be quality options for investors:
BetaShares Global Cybersecurity ETFÂ (ASX: HACK)
The first ASX tech ETF for investors to look at is the BetaShares Global Cybersecurity ETF.
This fund provides investors with access to a cybersecurity sector that is tipped to grow materially in the future.
For example, a recent McKinsey survey reveals that the total opportunity could amount to a massive US$1.5 trillion to US$2.0 trillion addressable market. And while its researchers don’t necessarily believe the “market will reach such a size anytime soon”, it just demonstrates how companies in the sector could have a very long growth runway.
This bodes well for the companies included in the fund, such as Accenture, Cisco, Crowdstrike, and Palo Alto Networks.
VanEck Vectors Video Gaming and eSports ETFÂ (ASX: ESPO)
Another ASX tech ETF for investors to consider buying is the VanEck Vectors Video Gaming and eSports ETF.
It gives investors concentrated exposure to the leading players in a global video game market, which is estimated to comprise close to 3 billion active gamers and growing.
In addition, VanEck highlights that this diversified portfolio offers opportunities away from the status quo (Apple, Microsoft, etc) in the tech sector.
Among its holdings are game developers such as Electronic Arts, Nintendo, Roblox, Take-Two, and locally listed Aristocrat Leisure Limited (ASX: ALL).
The post 2 exciting ASX tech ETFs to buy in April appeared first on The Motley Fool Australia.
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More reading
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Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Accenture Plc, Apple, BetaShares Global Cybersecurity ETF, BetaShares Nasdaq 100 ETF, Cisco Systems, CrowdStrike, Microsoft, Nvidia, and Take-Two Interactive Software. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Electronic Arts and has recommended the following options: long January 2025 $290 calls on Accenture Plc, long January 2026 $395 calls on Microsoft, short January 2025 $310 calls on Accenture Plc, and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Apple, CrowdStrike, Nvidia, and 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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