Where to invest $15,000 in ASX ETFs in October

Do you have $15,000 to invest?

If you do and don’t enjoy picking individual stocks, then it could be worth considering the exchange traded funds (ETFs) in this article.

They can be particularly attractive because they allow investors to access entire markets or investment strategies through a single trade.

With that in mind, here are three top ASX ETFs that investors could consider buying this October.

VanEck Morningstar Wide Moat ETF (ASX: MOAT)

The VanEck Morningstar Wide Moat ETF could be a good option for investors who want to combine quality and value.

The fund invests in US companies that have sustainable competitive advantages, or economic moats.

These advantages can come from things such as powerful brands, high switching costs, cost advantages, intellectual property, or network effects.

It is worth noting that simply having a strong business isn’t enough to make the portfolio. The strategy also looks for companies trading at attractive prices relative to their fair value.

This means that rather than automatically owning the biggest companies in the market, the fund is trying to identify businesses capable of protecting their profits from competition while avoiding excessive valuations.

That could make the VanEck Morningstar Wide Moat ETF a top option for buy and hold investors.

iShares Global Consumer Staples ETF (ASX: IXI)

Another ASX ETF to look at is the iShares Global Consumer Staples ETF.

This fund provides investors with access to consumer staples stocks from around the world.

These are businesses selling products people tend to buy regardless of what is happening with the economy, including food, beverages, household goods, and personal care products.

That can make the sector quite different from areas such as technology or discretionary retail, where demand can move around significantly as economic conditions change.

This combination of recurring demand and global operations could make the iShares Global Consumer Staples ETF a strong choice for investors looking for a more defensive form of international exposure.

Vanguard FTSE All-World ex-US Shares Index ETF (ASX: VEU)

A final ASX ETF for investors to consider buying is the Vanguard FTSE All-World ex-US Shares Index ETF.

As its name implies, this fund invests across developed and emerging markets around the world, but deliberately leaves the United States out.

This could make it a good way to access parts of the global share market that can sometimes receive less attention than Wall Street.

It also means investors gain exposure to different industries, economic cycles, and sources of growth.

For those looking for a broad international investment without relying on US stocks, the Vanguard FTSE All-World ex-US Shares Index ETF could be worth a closer look.

The post Where to invest $15,000 in ASX ETFs in October appeared first on The Motley Fool Australia.

More reading

• 10 top ASX ETFs to watch in 2027
• 5 ASX ETFs for Aussie investors to buy and hold for 20 years
• Here are the most popular ASX share superannuation investments in SMSFs
• Why I’d invest $50,000 of superannuation into these 3 top ASX ETFs
• This ASX ETF could help protect your portfolio

Motley Fool contributor James Mickleboro has positions in VanEck Morningstar Wide Moat ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Vanguard International Equity Index Funds – Vanguard Ftse All-World ex-US 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.