Image source: Getty Images
Looking for some exchange traded funds (ETFs) to boost your portfolio? If you are, you might want to look at the ones below.
Here’s why they could be worth researching further:
BetaShares Crypto Innovators ETF (ASX: CRYP)
The first ETF to look at is the BetaShares Crypto Innovators ETF. It could be a good option for investors that are interested in investing in the cryptocurrency industry rather than coins.
BetaShares notes that the ETF is designed to capture the full breadth of the crypto ecosystem. This is achieved by providing exposure to pure-play crypto companies (including crypto exchanges, mining companies, and mining equipment providers), companies with balance sheets that hold at least 75% in crypto-assets, and diversified companies with crypto-focused business lines.
Among its holdings you’ll find Coinbase, PayPal, Riot Blockchain, Robinhood, Silvergate, and Afterpay-owner, Block. Given the nature of the industry, it is not likely to be one for the fainthearted.
VanEck Australian Resources ETF (ASX: MVR)
If you’re more interested in the traditional type of mining, then you may want to look at the VanEck Australian Resources ETF.
This ETF gives investors exposure to a diversified portfolio of ASX-listed shares with the aim of providing investment returns before fees and other costs of the MVIS Australia Resources Index.
This index is a pure-play rules-based Australian sector index that tracks the performance of the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian resources sector.
Among the ETF’s holdings are many of the most well-known miners on the Australian share market. This includes the likes of BHP Group Ltd (ASX: BHP), Newcrest Mining Ltd (ASX: NCM), Rio Tinto Limited (ASX: RIO), and Woodside Petroleum Limited (ASX: WPL).