2 fantastic ETFs for ASX growth investors to buy

BetaShares NASDAQ 100 ETF (ASX:NDQ) and this ETF could be perfect for ASX investors looking for growth options. Here’s why…

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If you’re a fan of growth shares, then you might want to take a look at the exchange traded funds (ETFs) listed below.

These ETFs give investors access to a collection of some of the highest quality growth shares in the world. Here’s why they could be fantastic additions to most portfolios:

BetaShares NASDAQ 100 ETF (ASX: NDQ)

The first ETF to look at is the BetaShares NASDAQ 100 ETF. This fund gives investors exposure to some of the highest quality growth shares in the world.

These are the 100 largest non-financial companies on the famous Nasdaq index. Among its holdings are likes of Amazon, Apple, Facebook, Google’s parent Alphabet, Microsoft, Netflix, and Tesla.

Thanks to the quality of these companies and their positive long term outlooks, the index (and therefore the fund) looks well-placed to generate solid returns over the next decade.

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

Another ETF filled with growth shares to consider is the VanEck Vectors Video Gaming and eSports ETF.

As its name indicates, the ETF gives investors exposure to a portfolio of the largest companies involved in video game development, hardware, and esports.

Among the companies included in the fund are giants such as graphics processing unit developer Nvidia and gaming giants Take-Two and Electronic Arts.

The latter two companies are responsible for the Grand Theft Auto and FIFA games, respectively, among others.

VanEck notes that these companies are in a position to benefit from the increasing popularity of video games and eSports.

In addition to this, the fund manager points out that the fund gives investors the opportunity to diversify their portfolio by providing tech options outside FAANG stocks. This could make it a good option if you already own the NDQ ETF.

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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 has recommended BETANASDAQ ETF UNITS and VanEck Vectors ETF Trust - VanEck Vectors Video Gaming and eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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