Enhancing Your Portfolio: A Look at 7 ETFs Worth Considering
How adding these 7 ETFs to your portfolio can increase diversification and potentially boost returns
Investing in Exchange-Traded Funds (ETFs) is a popular strategy for investors who are looking for diversification, lower costs, and flexibility. ETFs provide exposure to a wide range of assets, including stocks, bonds, and commodities, and can help enhance a portfolio. In this article, we will discuss how seven specific ETFs - DAPP, DAM, HAP, NDIV, TAIL, JEPQ, and BOAT - can enhance a portfolio.
The VanEck Vectors Digital Transformation ETF (DAPP) provides exposure to companies that are at the forefront of digital transformation. This ETF invests in companies that have high growth potential in areas such as cloud computing, artificial intelligence, and e-commerce. By adding DAPP to your portfolio, you can benefit from the growth potential of these innovative companies, which can enhance your returns.
The VanEck Digital Assets Mining ETF (DAM) seeks to track the price and yield performance of the MVIS Global Digital Assets Mining Index, which is intended to track the performance of companies that are participating in the digital assets mining economy.
The VanEck Natural Resources ETF (HAP) is intended to track the overall performance of companies involved in the production and distribution of commodities and commodity- related products and services in the following sectors: Agriculture, Alternatives (Water & Alternative Energy), Base and Industrial Metals, Energy, Forest Products, and Precious Metals.
The Amplify Prime Dividend ETF (NDIV) provides exposure to companies of dividend-paying U.S. exchange-listed equities operating primarily in the natural resource and commodity-related industries such as: energy, chemicals, agriculture, metals & mining, paper products, and timber. This ETF can help you benefit from the growth potential of the natural resources sector, which can be a valuable addition to your portfolio.
The Cambria Tail Risk ETF (TAIL) provides exposure to investments that are designed to perform well during market downturns. This ETF invests in strategies that can help protect your portfolio from severe market declines, which can help reduce losses during bear markets. By adding TAIL to your portfolio, you can benefit from the risk-management potential of this ETF.
The JPMorgan Equity Premium Income ETF (JEPQ) provides exposure to companies that have a high dividend yield and a low volatility. This ETF invests in companies that have a strong track record of paying dividends and can provide stable income and reduce portfolio risk. By adding JEPQ to your portfolio, you can benefit from the income-generating potential of dividend-paying stocks.
The SonicShares™ Global Shipping ETF (BOAT) provides pure-play exposure to the global maritime shipping industry. BOAT is an indexed ETF that seeks to provide performance results that correspond, before fees and expenses, to the Solactive Global Shipping Index. The Index consists of global shipping companies engaged in the maritime transportation of goods and raw materials, including consumer and industrial products, vehicles, dry bulk, crude oil and liquefied natural gas. Maritime shipping is considered the lifeline of the U.S. and global economies, as around 90% of the world’s trade is carried by sea.
In conclusion, adding these seven ETFs to your portfolio can enhance your investment strategy by providing exposure to a diverse range of assets, including digital transformation, dividend-paying stocks, natural resources, risk management, and infrastructure. By carefully selecting the right ETFs, investors can build a portfolio that aligns with their investment goals and helps them achieve their long-term financial objectives.