Why these could be the ASX ETFs to buy in 2023

If you’re wanting to invest but 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 top ETFs that could be good options for investors in 2023. 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.

With one hedge fund trader tipping oil prices to surge as much as 90% in 2023, as covered here, gaining exposure to the energy sector could prove to be a good thing for a portfolio.

Investors can achieve this with the BetaShares Global Energy Companies ETF, which allows investors to own a slice of some of the biggest energy companies in the world.

Among the ETF’s holdings are energy giants BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, Royal Dutch Shell, and Total.

iShares Global Consumer Staples ETF (ASX: IXI)

Another ETF for investors to look at in 2023 is the iShares Global Consumer Staples ETF.

The iShares Global Consumer Staples ETF gives investors access to the world’s leading consumer staples companies. These are the companies that produce or sell essential everyday products such as food, tobacco, and household items.

The good thing about these products is that demand remains relatively consistent whatever is happening in the economy. This could make it a top option if you’re concerned that the cost of living crisis could put a dent in consumer spending this year.

Among its holdings are household names including Coca-Cola, Coles Group Ltd (ASX: COL), Colgate-Palmolive, Diageo, L’Oreal, Mondelez, Nestle, PepsiCo, Procter & Gamble, Unilever, Walmart, and Woolworths Group Ltd (ASX: WOW).

The post Why these could be the ASX ETFs to buy in 2023 appeared first on The Motley Fool Australia.

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More reading

• Here are the 3 best-performing ASX ETFs of 2022
• Top ASX shares to buy in January 2023

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 positions in and has recommended iShares International Equity ETFs – iShares Global Consumer Staples 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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