I firmly believe that exchange traded funds (ETFs) can be an excellent way to build wealth over the long term.

They allow investors to access opportunities that might otherwise be difficult to reach, while spreading their money across a collection of companies rather than relying on individual shares.

But with so many ETFs available on the ASX, it can be hard to decide which ones to buy.

To narrow things down, here are three funds I think could be worth considering.

Betashares Asia Technology Tigers ETF (ASX: ASIA)

The first ASX ETF to look at is the Betashares Asia Technology Tigers ETF.

When people think about investing in technology, their attention often turns to Silicon Valley in the United States. But some of the world’s most important technology companies are based in Asia.

For example, Taiwan Semiconductor Manufacturing Company (NYSE: TSM), Samsung Electronics, and SK Hynix (NASDAQ: SKHY) play crucial roles in producing the chips and memory that power modern computing.

And with artificial intelligence (AI) driving demand for increasingly sophisticated hardware, these businesses could have significant growth opportunities ahead of them.

The fund also owns major Chinese technology companies, including Tencent and Alibaba (NYSE: BABA), providing exposure to digital services and online commerce.

Of course, technology spending can be cyclical, and Asian markets carry geopolitical risks. Nevertheless, this ETF could be an attractive way to invest in Asia’s growing importance to the global technology industry.

VanEck Morningstar Wide Moat ETF (ASX: MOAT)

Another ASX ETF worth considering is the VanEck Morningstar Wide Moat ETF.

This popular fund invests in US businesses that have sustainable competitive advantages, allowing them to defend their profitability against rivals.

These advantages might come from powerful brands, high customer switching costs, or business models that competitors would struggle to replicate.

But even a wonderful company can be a disappointing investment if investors pay too much for its shares. That’s why the fund also considers estimates of fair value when selecting its holdings.

Combining business quality with valuation discipline is arguably a sensible approach for investors planning to hold their investments for many years.

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

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

US shares have dominated global markets in recent years, but there are plenty of successful companies operating elsewhere.

This fund makes it easy to invest in them. It holds thousands of shares across developed and emerging markets outside the United States, including businesses in Europe, Japan, China, Taiwan, and Australia.

Its holdings range from established financial institutions and consumer businesses to global technology and industrial leaders. This means investors aren’t relying entirely on the US market to deliver their international returns.

For investors wanting greater international diversification, this ETF could be an excellent long-term option.

The post Why VEU and these ASX ETFs could be top buys appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Betashares Capital – Asia Technology Tigers Etf and VanEck Morningstar Wide Moat ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Taiwan Semiconductor Manufacturing and Vanguard International Equity Index Funds – Vanguard Ftse All-World ex-US ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Alibaba Group. 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.

Coles Group Ltd (ASX: COL) stock is one of the leading large ASX businesses for passive income, in my view.

Think about it, food is one of the most fundamental things that we need to live. Coles is one of the biggest food retailers in the country. Only Woolworths Group Ltd (ASX: WOW) has a larger market share in Australia.

Coles has a powerful business model which is hard to challenge with its advanced distribution centres, customer fulfilment centres, e-commerce offering and the convenience of a national supermarket network.

The company has delivered regular revenue, profit and dividend growth since it split from Wesfarmers Ltd (ASX: WES) several years ago, as it benefited from population growth, inflation and business expansion.

While its profit is not shooting higher like a tech stock, it has proven it can deliver regular financial progress, including rising dividends.

Coles is a contender for regular passive income of $250 per month or more.

How Coles stock can deliver $250 per month of passive income

The business doesn’t pay dividends every month, it pays every six months. So I think it’s better to treat the goal as an annual target. $250 per month translates into $3,000 per year of passive income.

In FY26, Coles’ board of directors hiked the annual dividend per share by 13% to 78 cents per share following a 13.7% rise in the underlying net profit to $1.26 billion and a 2.8% rise in revenue to $45.6 billion.

But the 2026 financial year dividend has already happened, so I think it’s more useful to look at what the next annual dividend could be.

The projection on Commsec suggests the company could hike its annual dividend by 7% year-over-year to 83.5 cents per share in FY27.

At the time of writing, that works out to be a forward dividend yield of 3.5% excluding franking credits and 5% including franking credits. I think that’s a solid starting point for investors looking to buy Coles shares today.                  

To generate an average of $250 per month, or $3,000 per year of dividend cash, it would require 3,593 Coles shares excluding franking credits.

If we include the franking credits as part of the income goal, it would require 2,516 Coles shares for the dividend cash.

If I were focused on resilient dividend income, I’d be happy to make that investment, given that its dividend has increased every year over the past decade.

Is this a good time to invest?

According to CMC Invest, there have been 11 broker ratings within the last three months, with six of those analyst ratings being a buy and five being a hold.

The average price target of those 11 ratings is $24.67, implying the Coles stock price could rise by just 3% over the next 12 months, from where it is at the time of writing. It’s a solid business for passive income, but expert analysts suggest it’s better to look at other ASX shares with stronger return potential.

The post I'd buy 2,516 shares of Coles stock to aim for $250 a month of passive income appeared first on The Motley Fool Australia.

More reading

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• NAB vs Coles: Which is the better ASX blue-chip buy for SMSF investors?
• I look for 3 things in a retirement stock. These 5 shares have them all
• 3 ASX shares I think could still be thriving in 2040
• 3 reasons I would invest $10,000 in Coles shares

Motley Fool contributor Tristan Harrison 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 Wesfarmers. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX 200 Index (ASX: XJO) shares are down 2.4% over 12 months.

Let’s check out some new ratings from Bell Potter, Ord Minnett, and Morgans.

Resmed CDI (ASX: RMD)

Resmed shares are down 17% over 12 months.

Ord Minnett has a buy recommendation on this ASX 200 healthcare share.

The broker has a 12-month share price target of $36.20.

This implies a potential 5% upside from here.

Ord Minnett said:

We expect the capital management program to support the shares and earnings. RMD has flagged more than US$1.85 billion will be returned to shareholders through share buybacks and dividends during FY27.

Its sleep business we expect will continue to grow ahead of market, and margins will return to expansion as productivity efficiencies and pricing take effect.

Further, RMD’s forward price-earnings multiple (circa 18x consensus) is not demanding against our EPS growth estimate of 8% in FY27 (in US dollars).

Champion Iron Ltd (ASX: CIA)

The Champion Iron share price has halved over 12 months.

Bell Potter retained its hold call on Champion Iron shares after the company’s 2Q FY27 results.

The broker reduced its share price target on the ASX 200 iron ore share from $3.40 to $2.50.

This implies a potential 7% upside from here.

Bell Potter said:

CIA has released preliminary, unaudited and incomplete Q2 FY27 results which included: iron ore concentrate production of 3.9Mt (BP est. 3.8Mt, prior quarter 3.9Mt); sales of 4.5Mt (BP est. 3.9Mt, prior quarter 3.3Mt); net average realised prices of C$89.9/t (BP est. C$121/t, prior quarter C$107/t); and revenue of C$403.9m (BP est. C$422m, prior quarter C$357m).

CIA expect to ramp-up high-grade concentrate (DRPF grade) production.

While we expect iron content price premiums for this product, full value-in-use premiums are unlikely to be realised until longer-term offtake is secured.

Free cash flow should improve from FY27 as capex rolls off, supporting debt servicing and ongoing dividends.

The Federal Government forecasts a 21% drop in the iron ore price to US$72 per tonne by FY31. Find out why.

Bank of Queensland Ltd (ASX: BOQ)

The Bank of Queensland share price is down 4% over 12 months.

Morgans downgraded Bank of Queensland shares from a hold to trim rating.

The broker has a 12-month share price target of $6.22 on the ASX 200 bank share.

This implies a potential 9% downside from here.

Morgans said:

2H26 exceeded expectations and FY27 offers potentially double-digit earnings growth.

Beyond FY27, we see growth slowing to low single digits, with insufficient ROTE improvement to generate shareholder value.

Target price reduced c.3% to $6.22/sh on medium-term forecast changes.

At current prices, we estimate total potential TSR of -c.4% (including c.5.8% cash yield). We downgrade from HOLD to TRIM.

The post Buy, hold, sell: Bank of Queensland, Champion Iron, Resmed shares appeared first on The Motley Fool Australia.

More reading

• 3 ASX 200 shares to buy and why: Ord Minnett
• 3 ASX shares I’d buy and hold for the next 10 years
• 3 ASX shares UBS has tipped to increase 44% to 76%
• ASX 200 utilities and healthcare shares win the week again
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Bronwyn Allen 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 ResMed. The Motley Fool Australia has positions in and has recommended ResMed. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.