It is fair to say that technology has become one of the strongest forces in global markets over the past decade.

It is changing how people work, shop, communicate, travel, manufacture goods, run businesses, and manage data.

That is why tech-focused ASX exchange traded funds (ETFs) can be useful for long-term investors.

They provide exposure to broad technology themes without relying on a single company to get everything right.

But which ones could be good options right now?

Here are three amazing ASX tech ETFs that could be worth considering if you are aiming to buy and hold for a very long time.

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

The first ASX tech ETF to look at is the Betashares S&P/ASX Australian Technology ETF.

This fund gives investors exposure to Australian technology companies.

That makes it quite different from many global technology ETFs, which are dominated by US mega-caps.

The Betashares S&P/ASX Australian Technology ETF offers local exposure to companies involved in software, online services, payments, digital infrastructure, and technology-enabled business models. This includes WiseTech Global Ltd (ASX: WTC) and Xero Ltd (ASX: XRO).

The fund has been and will likely remain volatile, because smaller technology companies can move sharply when market sentiment changes. But for investors wanting exposure to home-grown innovation, this ASX ETF could be a compelling long-term option.

It was recently recommended by analysts at Betashares.

Betashares Asia Technology Tigers ETF (ASX: ASIA)

Another ASX tech ETF to consider for the long-term is the Betashares Asia Technology Tigers ETF.

Asia is central to the global technology ecosystem. The region is home to major semiconductor companies, ecommerce platforms, digital payment networks, gaming businesses, hardware manufacturers, and online services used by over a billion people.

This gives the Betashares Asia Technology Tigers ETF a powerful long-term theme.

It provides easy access to the companies building and serving the digital economies of countries such as Taiwan, South Korea, China, and India. This includes Tencent (SEHK: 700) and Baidu (NASDAQ: BIDU).

The fund can be more volatile than a broad global ETF because it is concentrated in one region and one sector. Investors also need to be comfortable with currency, regulatory, and geopolitical risks. But the long-term opportunity remains significant.

Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)

A third ASX tech ETF to look at is the Betashares Global Robotics and Artificial Intelligence ETF.

As its name implies, it gives investors exposure to the physical side of the technology revolution.

Artificial intelligence receives plenty of attention, but the real-world application of technology often requires machines, sensors, automation systems, industrial software, and robotics.

That is where this ETF comes in. It invests in companies involved in robotics, automation, artificial intelligence, and related technologies. These tools can help factories become more efficient, warehouses move faster, healthcare systems improve precision, and businesses reduce reliance on repetitive manual processes.

Its holdings include Intuitive Surgical (NASDAQ: ISRG) and Keyence Corp.

The long-term case is easy to understand. Many industries are looking for ways to improve productivity, deal with labour shortages, and make better use of data. Robotics and artificial intelligence can help solve those problems.

The post 3 amazing tech ETFs to buy and hold forever 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, WiseTech Global, and Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Baidu, Intuitive Surgical, Tencent, WiseTech Global, and Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2028 $520 calls on Intuitive Surgical and short January 2028 $530 calls on Intuitive Surgical. The Motley Fool Australia has positions in and has recommended WiseTech Global and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The S&P/ASX 200 Index (ASX: XJO) is having a fairly quiet start to the week as investors wait for US markets to reopen.

At the time of writing, the ASX 200 is down 0.09% to 8,821 points.

At the latest check, 106 ASX 200 shares are trading higher, 81 are falling, and 13 are unchanged.

However, some of the stocks going backwards are among the larger names on the market, which is why the index is still stuck in the red.

Here’s what is weighing on the ASX 200 today.

Waiting on Wall Street

Aussie investors are still waiting for the US markets to reopen after the Juneteenth holiday kept Wall Street closed on Friday night.

This has left the ASX 200 trading mostly around local company news and the latest overseas developments.

The Middle East uncertainty is still one of the main issues being watched by markets. Oil prices have been moving around as traders react to tensions involving Iran, the US, and the Strait of Hormuz.

Currently, Brent crude is down 1.5% to US$79.38 a barrel, while WTI crude is down 2.16% to US$75.66 a barrel.

Our local market has avoided a heavier fall so far. But with Wall Street back tonight, investors may be reluctant to take on too much risk before seeing how US markets react.

Large names weigh on the index

While more stocks are rising than falling, the ASX 200 is being held back by weakness in some of its larger companies.

BHP Group Ltd (ASX: BHP) shares are down 0.66% to $60.995, while Rio Tinto Ltd (ASX: RIO) shares are 0.24% lower at $176.94.

Fortescue Ltd (ASX: FMG) shares are also in the red, falling 0.81% to $19.59.

Healthcare is another big drag. CSL Ltd (ASX: CSL) shares are down 3.92% to $111.76, which is a sizeable fall for one of the biggest stocks on the market.

WiseTech Global Ltd (ASX: WTC) is under even more pressure. Its shares are down around 15.27% to $31.25 after media reports that the AFP is investigating chairman Richard White.

Banks are helping limit the damage

The big banks are doing some of the heavy lifting today.

Commonwealth Bank of Australia (ASX: CBA) shares are up 0.90% to $163.86, while Westpac Banking Corp(ASX: WBC) shares are slightly higher at $35.03.

National Australia Bank Ltd (ASX: NAB) shares are up 0.09% to $37.775, and ANZ Group Holdings Ltd (ASX: ANZ) shares are 0.47% higher at $35.195.

There are also gains from QBE Insurance Group Ltd (ASX: QBE), which is up 1.52% to $24.425, and Aristocrat Leisure Ltd (ASX: ALL), which is rising 2.27% to $56.195.

The post ASX 200 stuck in the red as investors wait for US lead appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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 CSL and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended BHP Group and CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

PLS Group Ltd (ASX: PLS) shares came under heavy pressure in Monday afternoon trade, sliding around 5% to $5.60.

The move extends a weak patch for the lithium producer, with the stock now down about 11% over the past month. That stands in sharp contrast to the broader market, with the S&P/ASX 200 Index (ASX: XJO) up roughly 2% over the same period.

Even so, PLS remains one of the ASX’s standout long-term performers, up 33% year to date and an extraordinary 302% over the past 12 months.

So why are PLS shares going backwards lately?

Lithium sentiment turns lower again

PLS sits at the centre of the global lithium cycle. That means its share price moves closely with spodumene and lithium carbonate pricing, which swing sharply with shifts in supply and demand expectations.

Today’s decline reflects renewed softness in lithium sentiment. Investors are once again questioning whether the market is still dealing with structural oversupply.

Global production has ramped up aggressively in recent years, while electric vehicle demand growth has cooled from earlier expectations. At the same time, the system is still working through elevated inventory levels built up during the boom.

When lithium sentiment weakens, the price of PLS shares almost always follows, even without any company-specific news.

Profit-taking after huge run

The selling is not isolated. Other lithium and battery materials stocks typically move in the same direction when sentiment turns.

The broader ASX resources sector has also been choppy, adding to the pressure. In softer market conditions, investors tend to rotate out of high-beta commodity names first, and lithium producers sit right at the centre of that trade. That rotation can easily amplify intraday moves, even when fundamentals remain unchanged.

PLS has also been volatile for months. After strong rallies driven by rebounds in lithium pricing, the stock often pulls back when momentum fades.

That’s the nature of cyclical commodities. Traders chase upside during rallies and exit quickly when sentiment shifts. That “hot money” effect can turn a normal trading day into a sharp 5% move.

What matters next for PLS shares

In the short term, PLS will focus on one of its key growth projects, P2000 at Pilgangoora. According to a release issued last week, PLS has approved early spending on the project, which it describes as the world’s largest independent hard-rock lithium operation.

Longer term, the key drivers for PLS shares remain unchanged: lithium pricing, electric vehicle demand growth, and supply discipline across the industry. They will determine the next major move for PLS shares.

The post PLS shares drop 5%: What’s driving the move? appeared first on The Motley Fool Australia.

More reading

• Growthpoint Properties Australia matches FY26 guidance with 18.4c distribution
• Centuria Capital Group launches $300m equity raising for AI Factory and real estate expansion
• Why Humm, Metcash, PLS, and WiseTech shares are sinking today
• Metcash shares: FY26 profit edges lower, dividend maintained
• SGH announces $500m buy-back and highlights financial strength

Motley Fool contributor Marc Van Dinther 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.