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Are you on the lookout for some exchange traded funds (ETFs) to buy? If you are and you have a high tolerance for risk, then it could be worth looking at the exciting ETFs that are listed below.
Here’s what you need to know about these high risk, high reward ETFs:
BetaShares Crypto Innovators ETF (ASX: CRYP)
There’s arguably no higher risk asset class to invest in than cryptocurrencies.
And while the BetaShares Crypto Innovators ETF doesn’t actually invest directly in coins, the companies included in the fund are well and truly part of the crypto ecosystem. They are the miners, the equipment providers, the trading platforms. So, if cryptocurrencies are booming, they are likely to roar alongside them.
But, as we have seen this year, cryptocurrencies aren’t always booming. Far from it. Furthermore, there’s nothing to say that they will ever return to their former glories. The crypto bubble could even burst further and eventually fade into insignificance.
However, if you’re a crypto bull and believe the industry is here to stay and thrive, then this ETF could be the one for you. The shares you’ll be owning through the fund include Canaan, Coinbase, Riot Blockchain, and Silvergate.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ETF for investors to consider is the BetaShares Global Cybersecurity ETF.
While this ETF is nowhere near as risky as the BetaShares Crypto Innovators ETF, it still carries a higher than normal risk due to its overweight exposure to fledgling tech shares.
But with recent cyberattacks in Australia showing just how important cybersecurity services are in this day and age, the companies included in this fund appear well-placed for long term growth as demand increases. This could mean they now have a compelling risk/reward after falling heavily with the tech this year.
Among the companies included in the BetaShares Global Cybersecurity ETF are Accenture, Cisco, Cloudflare, Crowdstrike, Fortinet, Okta, and Splunk.
