ASX ETFs, or exchange traded funds, provide investors with the means to gain exposure to a broad basket of stocks.
They can be particularly useful if you’re looking to add global stocks to your portfolio. Rather than having to research and buy a dozen (or so) international stocks, you can get that diversity, and more, from an ETF with a single investment.
Below we look at two ASX ETFs and one listed investment company (LIC) that hold a number of promising and potentially undervalued global stocks (courtesy of The Bull).
If you’re unfamiliar with LICS, they’re similar to ETFs in many ways, but they are closed-end funds. Meaning they issue a fixed number of shares on the ASX that investors can buy. ETFs are open-end funds which buy and sell shares depending on market demand.
With that saidâ¦
Two buy-rated ASX ETFs for global stock investors
First up we have the Betashares Global Shares Ex US ETF (ASX: EXUS).
As the name implies, the fund invests in global stocks outside the United States.
“The US accounts for more than 70% of global market size. Some investors are seeking further diversification and less concentration risk,” said DP Wealth Advisory’ Andrew Wielandt, who has a buy rating on the ASX ETF.
According to Wielandt:
At end of January 2026, main holdings in this ETF included ASML, Roche and HSBC. Geographically, exposure at the end of January 2026 included Japan, the United Kingdom and Canada. While the ETF was only listed on the ASX in November 2025, the index it follows has shown returns of more 12 per cent per annum over the past five years.
Which brings us to the second ASX ETF focused on global stocks outside of Australia, the BetaShares Global Energy Companies ETF â Currency Hedged (ASX: FUEL).
FUEL holds some of largest global energy companies, excluding companies listed in Australia, hedged into Australian dollars.
“I have been bullish on commodities for the past two years. The uptrend in precious metals was followed by base metals,” said Fairmont Equities’ Michael Gable. “Now, I believe the energy sector is poised for a bull run in response to increasing demand.”
Explaining his buy rating on FUEL, Gable concluded:
This exchange traded fund captures the biggest global oil and gas companies. Not only are many investors still underweight in the energy sector, but this ETF is now breaking out of a multi-year trading range. This means the ETF is most likely at the start of a major uptrend, which should last throughout 2026, in my view.
Don’t forget this internationally focused ASX LIC
Moving from ASX ETFs to an ASX LIC, we find the L1 Global Long Short Fund Ltd (ASX: GLS). As a long-short fund, GLS has the potential to gain from both rising and falling stocks.
“GLS targets high quality undervalued companies across developed markets,” DP Wealth Advisory’s Wielandt said. “The fund is managed by co-chief investment officers Raphael Lamm and Mark Landau.”
Commenting on his buy rating on the ASX LIC, Wielandt explained:
Both chief investment officers have established a top track record in operating long and short strategies, taking advantage of market rises and falls, depending on how their portfolio is positioned.
With consistent exposure across Asia, North America and Europe, the L1 Capital team has driven risk-adjusted returns that aren’t held hostage to following the MSCI global benchmark. We expect the fund’s solid performance from June 2025 to continue.
The post Seeking exposure to promising global stocks? Here are 2 quality ASX ETFs (and 1 LIC) to buy today appeared first on The Motley Fool Australia.
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More reading
- Experts name 2 ASX ETFs to buy this week
- 3 ASX ETFs to target with exposure outside the US and Australia
- 5 excellent ASX ETFs to buy now
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Motley Fool contributor Bernd Struben 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.