2 high quality ETFs for ASX investors to buy now

The letters ETF sit in orange on top of a chart with a magnifying glass held over the top of it

The letters ETF sit in orange on top of a chart with a magnifying glass held over the top of it

If you’re wanting to invest after 2022’s market weakness and aren’t sure which shares to buy, then ETFs could be a good option.

This is because ETFs allow you to buy a large number of shares through a single investment.

With that in mind, listed below are two high quality ETFs that could be good long-term options for investors. Here’s what you need to know about them:

BetaShares Global Energy Companies ETF (ASX: FUEL)

The first ETF for investors to look at is the BetaShares Global Energy Companies ETF.

This ETF provides investors with an easy way to gain exposure to the energy sector, which is benefiting from high oil prices. This is because this ETF allows investors to own a slice of some of the biggest energy companies in the world.

BetaShares points out that these companies are larger, more geographically diversified, and more vertically integrated than Australian-listed energy companies. Among the fund’s holdings are energy giants BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, Royal Dutch Shell, and Total.

iShares S&P 500 ETF (ASX: IVV)

Another ETF for investors to consider buying is the iShares S&P 500 ETF.

This ETF aims to provide investors with the performance of Wall Street’s famous S&P 500 Index before fees and expenses.

The operator of the fund, BlackRock, believes the ETF can be used by Australian investors to diversify internationally and seek long-term growth opportunities for a portfolio.

Among the 500 companies included in the fund are some absolute giants. These include Amazon, Apple, Berkshire Hathaway, Facebook, JP Morgan, Johnson & Johnson, Microsoft, and Tesla.

The post 2 high quality ETFs for ASX investors to buy now appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended iShares Trust – iShares Core S&P 500 ETF. 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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