The current situation in the United States is pretty terrifying given the protests and simmering tensions with China. Also, the number of coronavirus cases in the country has risen to more than 1.7 million. Moreover, the coronavirus pandemic has resulted in some changes in the lifestyle and preference of Americans. Most of the surveys have found that people are more interested in online shopping rather than visiting a brick-and-mortar store for essential food items and supplies. Even as the U.S. economy starts to reopen in phases and social-distancing restrictions are being eased, people will try to minimize human-to-human contact.

Against this backdrop, let’s look at some ETF areas that make good investment options in June:

Biotech ETFs To Continue Gaining

The race to introduce vaccine and treatment for coronavirus is opening up opportunities, making the biotech sector a prospective space for investments. In the current scenario, any progress in vaccine is being closely monitored by market participants. Moreover, the White House’s top infectious disease expert, Dr. Anthony Fauci, recently said that it is “conceivable” that a coronavirus vaccine will be available in the United States by December, per a CNBC article. Furthermore, President Trump recently formed a federal task force in charge of a $10-billion effort with the aim to produce and extensively distribute a coronavirus vaccine by the end of 2020 (per a CNBC article).

Notably, ETFs with considerable exposure to the biotech space are iShares Nasdaq Biotechnology ETF IBB, SPDR S&P Biotech ETF XBI and VanEck Vectors Biotech ETF BBH.

Airline ETF to Make a Comeback

Airlines in many parts of the world are planning to resume flights starting this month as economies are reopening and new safety measures are being undertaken. Air China is expected to operate 24 international routes between Jun 1 and Jul 1, while Air France is planning to increase its flight schedules in June. Some European countries are also easing travel restrictions. Notably, Italy plans to allow travel between select European countries starting Jun 3. In this regard, investors can take a look at the U.S. Global Jets ETF JETS. This fund provides exposure to the global airline industry, including airline operators and manufacturers, from all over the world, by tracking the U.S. Global Jets Index (read: Are Airline ETF & Stocks Ready to Take Off?).

Growing Cloud Computing Market

Due to the coronavirus pandemic, people have to maintain social distancing and work remotely. Mastercard (MA) has allowed its employees to work from home until the coronavirus outbreak is controlled. Twitter (TWTR) said that its employees can work from home permanently if they want to. The company’s offices shall remain shut until at least September, except for some necessities. Other major tech firms, including Facebook and Alphabet (GOOGL), have also extended their work from home policies through the end of the year.