5 excellent ASX ETFs to buy this month

There are plenty of exchange-traded funds (ETFs) for investors to choose from on the ASX, but which ones could be top picks in July?

Let’s have a look at five excellent options that could be worth considering this month:

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ASX ETF for investors to consider buying in July is the BetaShares Global Cybersecurity ETF. This popular fund gives investors access to a global cybersecurity sector that is predicted to grow materially over the next decade. This is being underpinned by the rising threat of cybercrime as more services and data shifts to the cloud. Among the companies included in the fund are industry leaders Accenture, Cisco, and Palo Alto Networks.

Betashares Global Uranium ETF (ASX: URNM)

Another ASX ETF to look at in July is the Betashares Global Uranium ETF. As you might have guessed from its name, this fund offers investors easy exposure to a portfolio of leading companies in the global uranium industry. This could be a great place to be right now. With uranium demand expected to surge over the next decade and outstrip supply, the companies included in the ETF may be well-positioned to benefit greatly. Among its holdings are local uranium miners Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN).

BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)

The BetaShares S&P/ASX Australian Technology ETF could be another excellent ASX ETF for investors to look at this month. This fund provides investors with access to leading Australian companies in a range of tech-related market segments such as information technology, consumer electronics, online retail and medical technology. It was recently named as one to buy by the team at Betashares. The fund manager commented: “With the nascent adoption of AI, cloud computing, big data, automation, and the internet of things, there’s a good chance that the next decade’s major winners will come from the tech sector. Despite Australia’s sharemarket skewing heavily towards financials and resources, investors can gain direct exposure to Aussie tech stocks via ATEC.”

iShares Global Consumer Staples ETF (ASX: IXI)

Another ASX ETF for investors to look at is the iShares Global Consumer Staples ETF. This fund gives investors access to many of the world’s largest consumer staples companies. This could make it a good option if you have a low tolerance for risk. That’s because consumer staples are generally regarded as low risk options and companies that perform well whatever is happening in the global economy. Among the fund’s holdings are global giant Coca-Cola, Nestle, Procter & Gamble, and Unilever.

iShares S&P 500 ETF (ASX: IVV)

A final ASX ETF that could be a top pick for investors this month is the iShares S&P 500 ETF. This fund give you access to the 500 of the largest companies on Wall Street. This means that you will be buying a slice of a diverse group of shares from a range of different sectors. This includes countless household names such as Apple, Microsoft, and Nvidia.

The post 5 excellent ASX ETFs to buy this month appeared first on The Motley Fool Australia.

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• Top ASX shares to buy in July 2024

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 positions in and has recommended Accenture Plc, Apple, BetaShares Global Cybersecurity ETF, Cisco Systems, Microsoft, Nvidia, Palo Alto Networks, and iShares S&P 500 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Unilever and has recommended the following options: long January 2025 $290 calls on Accenture Plc, 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 Global Cybersecurity ETF and iShares International Equity ETFs – iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended Apple, Betashares Global Uranium Etf, Microsoft, Nvidia, and 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.