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2 fantastic ETFs for ASX growth investors to buy today

If you’re looking to boost your portfolio with some new additions, then exchange traded funds (ETFs) could be an easy way to do this.

This is because ETFs give investors the opportunity to invest in a large and diverse number of shares through just a single investment.

Not only that, they give investors a way to invest into markets or sectors that would usually be difficult to access.

But which ETFs should you buy today? Two that I would add to my portfolio are listed below:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

I think the BetaShares Asia Technology Tigers ETF could generate strong returns for investors over the next decade. In many respects, it is Asia’s version of the famous Nasdaq 100 index (see below). The ETF gives investors exposure to the 50 largest technology and ecommerce companies that have their main area of business in Asia (excluding Japan).

These include tech giants such as Alibaba, Baidu, JD.com, and Tencent Holdings. BetaShares notes that due to its younger, tech-savvy population, Asia is surpassing the West in respect to technological adoption. As a result, the sector is anticipated to remain a growth sector for a long time to come. This bodes well for the 50 companies included in this ETF and for owners of it.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

My favourite ETF is the BetaShares NASDAQ 100 ETF. This ETF aims to track the performance of the NASDAQ 100 index, which comprises 100 of the largest non-financial companies listed on the famous exchange.

This includes many companies that are at the forefront of the new economy, such as Amazon, Apple, Facebook, and Netflix. BetaShares notes that the ETFs strong focus on technology gives diversified exposure to a high-growth potential sector that is under-represented in the Australian share market. Given the quality on offer in the ETF, I believe it is likely to outperform the ASX 200 over the long run.

Man who said buy Kogan shares at $3.63 says buy these 3 ASX stocks now

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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 BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia has recommended BETANASDAQ ETF UNITS. 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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