3 of the best ASX ETFs to buy now

Are you looking for some new additions to your portfolio but aren’t a fan of stock picking? If that’s you, then could be worth looking at ASX ETFs.

There are plenty of ETFs for investors to choose from on the Australian share market. But which of the many options out there could be great picks for a portfolio this month?

Let’s take a closer look at three ETFs and see why they could be worth considering for your portfolio right now:

Betashares Global Cash Flow Kings ETF (ASX: CFLO)

The first ASX ETF for investors to look at is the Betashares Global Cash Flow Kings ETF. It aims to track the performance of an index comprising 200 global companies that demonstrate strong free cash flow.

Betashares highlights that companies that generate high levels of free cash flow historically have tended to outperform broad global equity benchmarks over the medium to long term.

The fund manager recently tipped the ETF as a buy for investors looking for growth options when interest rates fall. It believes the “fund can serve as a core exposure to global equities or alongside existing low-cost passive global ETFs to enhance a portfolio’s emphasis on cash-generating companies.”

Among its holdings are companies such as Ozempic owner Novo Nordisk, retail giant Costco, technology company Adobe, and cybersecurity leader Accenture.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

Another ASX ETF that could be a great option for investors is the huge popular BetaShares NASDAQ 100 ETF.

This fund gives investors easy access to 100 of the largest non-financial shares on the famous NASDAQ index.

This includes many of the world’s largest tech companies and household names such as Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT). And given how bright the collective outlooks of its holdings are, it would not be surprising to see this ETF continue to deliver market-beating returns long into the future.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

A third ASX ETF that could be a high quality option for investors is the VanEck Vectors Morningstar Wide Moat ETF.

This fund invests in a group of companies that have wide moats (sustainable competitive advantages) and fair valuations. When legendary investor Warren Buffett searches for investments for Berkshire Hathaway (NYSE: BRK.B), these are the qualities that he looks for.

And with Buffett and Berkshire Hathaway smashing the market since all the way back in 1965, it certainly could pay to follow Buffett’s lead.

Its holdings currently include Alphabet, Estee Lauder, Campbell Soup, Nike, and Etsy.

The post 3 of the best ASX ETFs to buy now appeared first on The Motley Fool Australia.

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• If you start investing today, when could you retire?
• Why I’d buy VanEck Morningstar Wide Moat ETF (MOAT) for anyone in my family
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• Which ASX ETFs give Aussie investors access to US stocks?

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. 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 Accenture Plc, Adobe, Alphabet, Apple, Berkshire Hathaway, BetaShares Nasdaq 100 ETF, Costco Wholesale, Etsy, Microsoft, and Nike. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Novo Nordisk and has recommended the following options: long January 2025 $290 calls on Accenture Plc, long January 2025 $47.50 calls on Nike, long January 2026 $395 calls on Microsoft, short January 2025 $310 calls on Accenture Plc, and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Adobe, Alphabet, Apple, Berkshire Hathaway, Nike, and 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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