There are more and more thematic ASX ETFs becoming available to investors.
When these targeted themes rally, investors can capture market beating returns.
However on the flip side, when these sectors face headwinds, losses can also be amplified.
Due to geopolitical tension, rising interest rates and other economic factors, sectors like healthcare and technology have been heavily sold off in 2026.
There are several ASX ETFs that target these sectors.
After falling significantly this year, let's look at funds that could be undervalued right now.
Etfs Morningstar Global Technology ETF (ASX: TECH)
This ASX ETF seeks to invest in companies positioned to benefit from the increased adoption of technology.
This includes companies whose principal business is in offering computing Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), Infrastructure-as-a-Service (IaaS), and/or cloud and edge computing infrastructure and hardware.
At the time of writing, it includes 38 holdings, with a 60% exposure to US based companies.
So far in 2026, it has fallen 14%.
However it appears it has slowly started to turn the corner, recovering 8% during April.
It may suit investors who are confident of a global tech rebound in the back half of 2026.
BetaShares Global Cybersecurity ETF (ASX: HACK)
It has been a similar story in 2026 for this ASX ETF.
The fund aims to track the performance of an index (before fees and expenses) that provides exposure to the leading companies in the global cybersecurity sector.
It is down 16% so far in 2026, however has also rebounded in April, rising 5% just this week.
At the time of writing, the fund includes 42 holdings with a 90% weighting towards US based companies.
Betashares S&P Asx Australian Technology ETF (ASX: ATEC)
Moving towards Australian technology, this ASX ETF is exploding today with a 4% rise.
It still has a long way to go to recover the losses of 2026, as the fund remains down 16% since the start of the year.
As the name suggests, it provides exposure to leading ASX-listed companies in a range of tech-related market segments such as information technology, consumer electronics, online retail and medical technology.
Vaneck Vectors Global Health Leaders ETF (ASX: HLTH)
Moving to healthcare, this ASX ETF focusses on the largest international companies from the global healthcare sector.
It includes 50 underlying holdings with a 60% weighting towards US based companies.
In 2026, it has fallen almost 7%, but has also begun to rebound from late March.
The post ASX ETFs to target if you expect struggling sectors to rebound appeared first on The Motley Fool Australia.
Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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