If you’re looking for an easy way to invest your hard-earned money next week, then exchange traded funds (ETFs) could be the way to do it.

But which ETFs might be top options right now?

Depending on your investment objective, one of the two ASX ETFs below could be top options to buy next week:

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

If you’re interested in buy and holding investing, then the VanEck Vectors Morningstar Wide Moat ETF could be the one for you.

This ETF has been a great place to invest over the last decade. Even after accounting for recent volatility, the index it tracks has generated an average annual return of 19.1% since 2013.

This strong performance has been underpinned by its focus on fairly priced US companies with sustainable competitive advantages. These are qualities that Warren Buffett looks for when he invests. And given his track record, it’s hard to dispute that this investment strategy works.

The fund changes its constituents periodically and removes stocks when they become overvalued. But there are usually approximately 50 shares in the fund at any given time. At present, this includes Alphabet, Amazon, Meta Platforms, Microsoft, and Walt Disney.

Vanguard Australian Shares High Yield ETF (ASX: VHY)

Investors that are more interested in generating income from their investments might want to consider the Vanguard Australian Shares High Yield ETF.

That’s because this ETF provides investors with exposure to a diverse group of ASX listed shares that have higher forecast dividends relative to the rest of the market.

At present, the Vanguard Australian Shares High Yield ETF is trading with an estimated forward dividend yield of 5.3%. This would mean that a $10,000 investment provides $530 of passive income.

There are many dividend-paying blue chip ASX shares held by the ETF. This includes BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia (ASX: CBA), Telstra Corporation Ltd (ASX: TLS), and Woodside Energy Group Ltd (ASX: WDS).

The post 2 high-quality ASX ETFs for income and buy and hold investors appeared first on The Motley Fool Australia.

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More reading

• How to invest $10,000 in ASX dividend shares in May
• 3 of the best ETFs for ASX investors to buy this month
• Buy these ASX ETFs for big dividend income
• Invest like Warren Buffett with this ASX share to grow your wealth enormously
• 2 top ASX ETFs I’d buy with the goal of long-term capital growth

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 Telstra Group. The Motley Fool Australia has recommended VanEck Morningstar Wide Moat ETF and Vanguard Australian Shares High Yield 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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