Personal Finance for the Broke Millennial

Are you looking to invest in industries that you are passionate about in a low-risk environment? Well, this list highlights a few ETF’s that are focused on specific industries, sharing some less-known funds that may speak to your personal interests and passions.

An Exchange-traded fund (ETF’s) is an investment tool that is essentially a fund of stocks pooled together and traded on the stock market just like any other single stock. Investing in ETF’s is a great way for an investor to minimize risk and diversify their investment portfolio. An EFT generally tracks an underlying index (or segment of the stock market), and can be broadly based on the overall market as a whole, or on specific sectors. Many ETF’s track major indices like the S&P 500 on the NYSE and the Vanguard S&P 500 on the TSE, however, some ETF’s are more focused on specific industries, closely reflecting the success of these sectors over the general market health. By investing in sector specific ETF’s, the investor has the opportunity to invest in specific sectors of the economy that they believe have the potential to turn a profit in a low-risk, diversified portfolio. In this lies an opportunity to benefit from the popularity of specific companies going ‘viral’ in modern culture (e-sports, anyone?). If you are looking to invest in companies that you are likely already supporting with your spending cash, then look no further. This list of ETF’s are some unique funds which reflect the interests and passions of many young Millennials looking to invest.

E-sports and Gaming: VanEck Vectors Video Gaming and eSports ETF (ESPO) This ETF has holdings in some of the largest companies in the e-sports and gaming industry. With top holdings in Nvidia Corp (designs graphics and processing units for gaming equipment) and Tencent Holdings (responsible for the creation of League of Legends), this ETF’s has stakes in some of the biggest players in the e-sports game. Other holdings include Activision Blizzard, Electronic Arts (EA), and Nintendo.

High Fashion: Amundi S&P Global Luxury UCITS ETF (LUXIND) This ETF is all things high fashion and luxury. The holdings include stakes in apparel, beverage, handbags, cars and makeup. Top securities include LVMH Moet Hennessey Louis Vuitton, Estee Lauder, Pernod Ricard, NIKE, Diageo and Hermes.

Automotive Industry: First Trust NASDAQ Global Auto Index Fund (CARZ) With most automotive companies publicly traded on the stock market, this ETF has holdings in many of the big players in the game. Top holdings in this company are in Tesla at 18.63% (most ETF’s don’t hold more than 7-9% in any company) with Toyota, Honda, and General Motors as the next big players.

Robotics and Artificial Intelligence: Global X Robotics and Artificial Intelligence (BOTZ) This ETF is all about robotics and artificial intelligence and seeks to ‘invest in companies that potentially stand to benefit from the adoption and utilization of robotics and artificial intelligence’. With top holdings in Nvidia Corporation (again), ABB Group, and Keyence Corp, this ETF is committed to supporting the growth of robotics and AI in modern society.

Veganism: (VEGN)The companies that are included in this ETF are typical large cap stocks that abide by specific environmental principles. This company excludes any companies whose business contributes to climate change, environmental degradation, and animal suffering, and screens 500 of the largest US public companies that abide by the funds strict ESG guidelines. Top holdings include Apple, Microsoft, Facebook and Mastercard, among many other large publicly traded companies. As one of the first ETF’s of its kind, it will be interesting to see how other funds follow, making it easier for investors to vote with their dollars.

This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right.

You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.

Why do this?

Because it gives new readers context. What are you about? Why should they read your blog?
Because it will help you focus you own ideas about your blog and what you’d like to do with it.

The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.

To help you get started, here are a few questions:

Why are you blogging publicly, rather than keeping a personal journal?
What topics do you think you’ll write about?
Who would you love to connect with via your blog?
If you blog successfully throughout the next year, what would you hope to have accomplished?

You’re not locked into any of this; one of the wonderful things about blogs is how they constantly evolve as we learn, grow, and interact with one another — but it’s good to know where and why you started, and articulating your goals may just give you a few other post ideas.

Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.

When you’re ready to publish, give your post three to five tags that describe your blog’s focus — writing, photography, fiction, parenting, food, cars, movies, sports, whatever. These tags will help others who care about your topics find you in the Reader. Make sure one of the tags is “zerotohero,” so other new bloggers can find you, too.

An exchange-traded fund to fit your passion

Introduce Yourself (Example Post)