If you want to make some buy and hold investments but arenât sure which ASX shares to buy, then you could look at exchange traded funds (ETFs) instead.
Thatâs because ETFs allow you to invest in a large group of shares in one fell swoop.
But which ETFs might be top buy and hold options? Listed below are three top ETFs that could be worth considering as long term investments:
BetaShares Global Cybersecurity ETFÂ (ASX: HACK)
The BetaShares Global Cybersecurity ETFÂ could be a top buy and hold option for investors.
Given the high profile cyber incidents that have happened over the last 12 months, it will be no surprise to learn that worldwide spending on cybersecurity is predicted to increase materially in the future. This bodes well for the companies included in this fund, which are working to reduce the impact of cybercrime globally. This includes Accenture, Cisco, and Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.
Over the last five years, the ETF has generated an average annual return of 14.92%. This would have doubled a $10,000 investment into approximately $20,000.
BetaShares NASDAQ 100 ETFÂ (ASX: NDQ)
Another ETF to consider as a buy and hold investment is the BetaShares NASDAQ 100 ETF.
This ETF gives investors access to the 100 largest non-financial shares on the famous NASDAQ index. These are many of the largest companies in the world such as Amazon, Alphabet, Apple, Meta Platforms, Microsoft, and Tesla. Collectively, these 100 companies appear well-placed for growth over the long term, which bodes well for the performance of this ETF.
Over the last five years, this ETF has generated an average annual return of 18.43%. This would have turned a $10,000 investment into approximately $23,300.
VanEck Vectors Morningstar Wide Moat ETFÂ (ASX: MOAT)
Legendary investor Warren Buffett is a big fan of buying and holding high quality companies with sustainable competitive advantages or moats. And if you look at his incredible track record, this strategy clearly works!
The good news is that the VanEck Vectors Morningstar Wide Moat ETFÂ makes it easy for investors to replicate his strategy. It currently contains approximately 50 shares with these qualities, including the likes of Alphabet, Boeing, Kellogg Co, Meta Platforms, and Walt Disney.
Over the last five years, the ETF has returned 16.78% per annum. This means a $10,000 investment would have turned into approximately $21,700.
The post Buy and hold these 3 ASX ETFs for a decade appeared first on The Motley Fool Australia.
Scott Phillips’ ETF picks for building long term wealth…
If you’re an investor looking to harness the sheer compounding power of ETFs, then you’ll need to check out this latest research from 25-year investing veteran Scott Phillips.
He’s painstakingly sorted through hundreds of options and uncovered the small handful he thinks are balanced and diversified. ETFs he thinks investors could aim to hold for years, and potentially build outstanding long term wealth.
Click here to get all the details
*Returns as of April 3 2023
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More reading
- How to get rich by following Warren Buffett’s advice
- 3 ETFs that could be top buys right now
- Up 20% in 2023 so far, is it too late to buy Betashares Nasdaq 100 ETF (NDQ) units?
- Say hello to the ASX’s newest ETF
- 3 ASX ETFs I’d buy and hold for 10 years
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 Global Cybersecurity ETF and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended VanEck Morningstar Wide Moat 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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