2 top ETFs for ASX investors to buy in October

Man looking at an ETF diagram.

Man looking at an ETF diagram.

If you’re looking for exchange traded funds (ETFs) to buy, then it could be worth considering the two listed below.

These ETFs are popular with investors and it isn’t hard to see why. Here’s what you need to know about them:

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ASX ETF for investors to look at is the BetaShares Global Cybersecurity ETF. This ETF gives investors exposure to the leading companies in the global cybersecurity sector.

In recent weeks there have been a number of high profile cyberattacks reported in the media. These include Medibank Private Ltd (ASX MPL), Optus, Rockstar, and Uber.

Unfortunately, these attacks aren’t going away, which means that businesses will need to invest heavily in cybersecurity to ensure that sensitive information isn’t accessed by hackers. Otherwise you could end up like Optus, which is facing major reputational damage, as well as potential penalties and compensation.

This bodes well for the companies included in this ETF. These include many of the leading players in the cybersecurity sector such as Accenture, Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

Another ETF for investors to consider buying is the VanEck Vectors Morningstar Wide Moat ETF.

This ETF gives investors access to a diversified portfolio of ~50 fairly priced US companies with sustainable competitive advantages or moats.

Warren Buffett is a fan of companies with moats and looks for them when picking investments. And given his successful track record over many decades, it is hard to argue against this strategy.

If you buy this ETF you’ll be owning a slice of companies such as Adobe, Alphabet, Amazon, Boeing, Kellogg Co, Microsoft, Salesforce, and Walt Disney.

The post 2 top ETFs for ASX investors to buy in October appeared first on The Motley Fool Australia.

More reading

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 BETA CYBER ETF UNITS. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/0q4bMAB

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *