The S&P/ASX 200 Index (ASX: XJO) was on form again last week and recorded a 4.7% gain to finish it at  5755.7 points.

While a good number of shares climbed higher with the market, not all were on form last week.

Here’s why these were the worst performing ASX 200 shares over the period:

The TechnologyOne Ltd (ASX: TNE) share price was the worst performer on the ASX 200 with a 7.8% decline. The enterprise software company’s shares have come under pressure since the release of its half year results the previous week. One broker that wasn’t overly impressed was UBS. It has downgraded TechnologyOne’s shares to a sell rating with an $8.20 price target. Its shares ended the week at $9.14.

The Worley Ltd (ASX: WOR) share price wasn’t far behind with a decline of 7.2% last week. The majority of this decline came on Friday when its shares fell 6% on the back of no news. Not even a positive broker note out of Citi could stop its shares from sliding lower. The broker has slapped a buy rating and $12.20 price target on its shares. This is materially higher than where its shares finished the week.

The Saracen Mineral Holdings Limited (ASX: SAR) share price was out of form and fell 5.4% last week. A number of gold miners tumbled lower last week after the price of the precious metal pulled back. This was driven by lower demand for safe haven assets after investors switched back to risk assets.

The CSL Limited (ASX: CSL) share price was an uncharacteristically poor performer last week and dropped 5.1%. This appears to have been driven by profit taking after some strong gains over the last 12 months. One broker that believes this is a buying opportunity is Citi. Last week it upgraded its shares to a buy rating with a $334.00 price target.

More reading

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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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Investing in exchange-traded funds (ETFs) is one of the best vehicles you can use to create wealth on the share market, outside purchasing individual shares. Firstly, ETFs require almost no effort on your part. Secondly, you can use them to get easy exposure to literally thousands of different companies in one easy trade. This includes companies that might be otherwise unavailable individually to the typical ASX investor.

So with that said, here’s how I would build a $100,000 ETF-based ASX portfolio for diversification and easy returns.

Vanguard Australian Shares Index ETF (ASX: VAS) – $30,000

VAS is the most popular ASX ETF for good reason. It covers the largest 300 companies in Australia, which captures more of the small-cap market that other S&P/ASX 200 Index (ASX: XJO) funds.

With VAS, you are getting most Aussie public companies you can think of. This includes everything from Commonwealth Bank of Australia (ASX: CBA), Telstra Corporation Ltd (ASX: TLS) and Woolworths Group Ltd (ASX: WOW) to JB Hi-Fi Limited (ASX: JBH), Afterpay Ltd (ASX: APT) and Xero Limited (ASX: XRO). All wrapped up in one investment, I like to think of VAS as a ‘slice of Australia’.

VAS charges a fee of 0.1% per annum.

iShares Global 100 ETF (ASX: IOO) – $30,000

This ASX ETF is a little different from VAS in that invests in the largest 100 companies across the advanced economies of the world. Thus, you are getting exposure to American giants like Apple, Alphabet and McDonalds, as well as British companies like BP and Diageo and Japanese companies like Toyota and Panasonic.

These companies have enjoyed enormous success through their powerful brands, global reach and universality of their products. Hence, I think this ETF is a great asset to have in a well-balanced and diversified portfolio.

IOO charges a management fee of 0.4%

iShares Global Consumer Staples ETF (ASX: IXI) – $30,000

Many investors consider consumer staples shares to be boring. That’s because they represent companies that make the everyday essentials we all rely on. This includes canned food, personal hygiene products, drinks and cleaning materials.

It’s true that these products may not garner the same excitement as the latest tech innovations. Even so, I believe the panic buying we experienced at the beginning of the COVID-19 crisis helps reinforce the overall worth of these types of companies. Thus, I feel this ETF makes a strong addition to an ASX ETF portfolio. Some of this ETF’s top holdings include Procter & Gamble, Nestle, The Clorox Company, Philip Morris International and Kimberly-Clark.

IXI has a management fee of 0.47%.

BetaShares Asia Technology Tigers ETF (ASX: ASIA) – $10,000

ASIA is a fund that tracks the largest companies across Asia, with a focus on those companies that are tech heavyweights. Countries like Taiwan, South Korea, India and Hong Kong are covered, but the fund is dominated by Chinese tech giants like Tencent, Alibaba, Baidu and JD.com.

Even though these markets carry a little more risk, I still think the growth opportunities they offer can’t be ignored in the 21^st century. Therefore, ASIA has a place in our $100,000 portfolio.

ASIA has a management fee of 0.67%

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• Brokers name 3 ASX 200 shares to buy right now

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Sebastian Bowen owns shares of Alphabet (A shares), Procter & Gamble, Philip Morris International, Baidu, Kimberly Clark, McDonalds and Telstra Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Alphabet (A shares). The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Xero. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF and Telstra Limited. The Motley Fool Australia owns shares of AFTERPAY T FPO, iShares Global Consumer Staples ETF, and Woolworths Limited. The Motley Fool Australia has recommended Alphabet (A shares). We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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