If youâre not overly keen on stock picking, then exchange traded funds (ETFs) could be a good alternative. That’s because ETFs allow investors to buy large groups of shares through a single investment.
But which ETFs could be worth considering? Three quality ETFs to look at are listed below, here’s what you need to know about them:
BetaShares NASDAQ 100 ETFÂ (ASX: NDQ)
The first ETF to look at is the BetaShares NASDAQ 100 ETF. If you want to buy many of the highest quality companies in the world in one fell swoop, then this ETF allows you to do it. Thatâs because the BetaShares NASDAQ 100 ETF gives investors access to the 100 largest non-financial shares on the famous NASDAQ index. This means youâll be owning shares in giants such as Alphabet, Amazon, Apple, Meta, Microsoft, Netflix, and Tesla.
iShares Global Consumer Staples ETFÂ (ASX: IXI)
Another ETF for investors to look at is the iShares Global Consumer Staples ETF. With interest rates rising across the globe, there are concerns that a global recession could be around the corner. The good news is that even if one does occur, the companies included in this ETF are likely to remain well-placed to navigate the crisis. That’s because this ETF gives investors exposure to many of the worldâs largest global consumer staples companies such as Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart. Demand for their products is relatively consistent whatever is happening in the economy.
iShares S&P 500 ETFÂ (ASX: IVV)
A third and final ETF for investors to look at is the iShares S&P 500 ETF. This ETF gives investors access to 500 of the top listed U.S. companies. This means you’ll be buying a slice of companies such as Amazon, Apple, Disney, Facebook, JP Morgan, Johnson & Johnson, Microsoft, Tesla, and Visa. This is a more diverse group of shares compared with the tech-heavy Nasdaq 100 ETF. So, if you’re not overly bullish on the tech sector, this ETF could be a great alternative.
The post Here are 3 quality ETFs for ASX investors to buy right now appeared first on The Motley Fool Australia.
“Cornerstone” ETFs for building long term wealth…
Scott Phillips says plenty of people who hear the ‘ETFs are great’ story don’t realise one important thing. Not all ETFs are the same — or as good as you may think.
To help investors navigate this often misunderstood area of the market, he’s released research revealing the “cornerstone” ETFs he thinks everyone should be looking at right now. (Plus which ones to avoid.)
Click here to get all the details
*Returns as of February 1 2023
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More reading
- Does the BetaShares Nasdaq 100 ETF share price fall make it a no-brainer buy?
- These top ETFs could be great options for beginner ASX investors
- Top ASX ETFs to buy in February 2023
- 2 fantastic ETFs for ASX investors to buy and hold
- The smartest ASX shares to buy with $20 right now
Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF and iShares International Equity ETFs – iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended iShares 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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