2 of the best ETFs ASX investors can buy right now

If you're looking to diversify your portfolio, then you might want to consider buying BetaShares NASDAQ 100 ETF (ASX:NDQ) and this ETF…

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If you're looking for a quick way to diversify your portfolio, then exchange traded funds (ETFs) could be the answer.

These financial instruments give investors exposure to a wide range of themes, countries, indices, and sectors through just a single investment.

But which ones should you buy? Two top ETFs that I like are listed below:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF to look at buying is the BetaShares Asia Technology Tigers ETF. This ETF allows investors to gain exposure to a portfolio of exciting tech shares that are revolutionising the lives of billions of people in Asia. I believe the majority of these companies are well-placed for growth over the next decade and beyond.

One of the shares included in the fund is search engine giant Baidu. As well as dominating search in China, Baidu is making great leaps with artificial intelligence and is aiming to be an autonomous vehicle powerhouse. In respect to the former, in 2019, it ranked first in the number of AI-related patent applications in China for the second consecutive year.

Also included in the fund is Tencent Holdings. It is the video game and social media giant responsible for the hugely popular WeChat app. This app is is used by over 1.2 billion consumers for everything from messaging, e-commerce, digital payments, and entertainment.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

Another ETF which I think could provide strong returns for investors over the next decade is the BetaShares NASDAQ 100 ETF. This ETF provides investors with a slice of the 100 largest non-financial shares on the NASDAQ index. As with the Asia Technology Tigers ETF, I believe these companies are well-placed to grow at a quicker than average rate over the 2020s.

Included in the fund are tech giant such as Amazon, Apple, Facebook, Microsoft, and Netflix. But there are also a lot of lesser-known companies which have the potential to grow materially over the long term.

One of my favourites in the fund is Nvidia. It has carved out a leadership position in artificial intelligence computing thanks to its graphics processing units. Another company in the fund is electric vehicle giant Tesla. It was recently tipped to become a US$2 trillion company in the future thanks to its battery business.

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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