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Are you looking for some top exchange traded funds (ETFs) to add to your portfolio? If you are, then listed below are two ETFs that analysts are tipping as buys.
Here’s what analysts are saying about them:
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
The first ETF to look at is the ETFS Battery Tech & Lithium ETF. This ETF gives investors access to companies with exposure to the electrification and decarbonisation trend.
Among the companies that you’ll be investing in are those involved in battery technology, electric vehicles, and lithium mining. This includes BYD, Mineral Resources Limited (ASX: MIN), Pilbara Minerals Ltd (ASX: PLS), Nissan, and Renault.
Jessica Amir from Saxo Markets is a fan of the ETF. She recently said:
If [lithium] stock picking is not for you, and if you believe, like we do, that the electric vehicle industry and the critical minerals/ commodities will continue to see rising demand, and policy support, and also benefit from the world striving to be carbon neutral by 2050, then you could invest or trade in Global X Lithium & Battery Tech ETF (LIT) or ETFS Battery Tech & Lithium ETF (ACDC) that invests in about 30 of the biggest EV and battery technology companies in the world.
ETFS S&P 500 High Yield Low Volatility ETF (ASX: ZYUS)
Another that could be worth a closer look is the ETFS S&P 500 High Yield Low Volatility ETF.
This ETF gives investors exposure to some of the highest yielding and low volatility stocks on the US stock market. It also has strict diversification and tradability requirements to ensure investors aren’t loading up on one particular sector.
Among the companies that you will be investing in include IBM, Kinder Morgan, Kraft Heinz, Philip Morris, and Verizon.
One analyst that is positive on the ETF is Felicity Thomas from Shaw and Partners. Thomas recently told Livewire that it was a top pick for her. She said:
I really like ETF Securities High Yield Low Volatility ETF. Essentially, I really like their methodology. They look at the top 75 high-quality businesses and they only take 10 high-yielding companies per sector, and they remove the 25 most volatile. It’s got names like Kraft, IBM, and Verizon and also pays a quality distribution. And I think everyone’s looking for defensive yield at the moment.