ASX shares have taken a hammering over the past month, no denying it. Over the past four weeks or so of trading, the S&P/ASX 200 Index (ASX: XJO) has lost close to 5% of its value. The past few months have been a rough time for many, if not most, ASX shares. But over a longer period of time, there are still a few ASX exchange-traded funds (ETFs) that have delivered performances that have left the ASX 200 in the dust. Let’s check out two of them today.
2 ASX ETFs that are still beating the market with breakneck performances
BetaShares Global Cybersecurity ETF (ASX: HACK)
This ETF from provider BetaShares has taken a hit recently. But it still has some impressive performance figures to present to investors. HACK is an ETF that invests in a basket of global companies all operating in the growing cybersecurity space. We all know how important cybersecurity is in our modern world, and this is arguably only going to become more so in the years ahead. In this ETF, you’ll find some of the world’s leading cybersecurity companies, including Crowdstrike, Palo Alto Networks, Zscaler and Cloudflare.
Over the past 12 months (to 30 April), this ETF has returned 16.67% to investors. It has also averaged 17.217% per annum over the past three years, and 18.83% per annum over the past five. That compares very nicely against the ASX 200. To illustrate, over the past year, the iShares Core S&P/ASX 200 ETF (ASX: IOZ) has returned just over 10%. It has averaged a return of 9.31% per annum over the past three years, and 8.67% a year over the past five.
VanEck Vectors Wide Moat ETF (ASX: MOAT)
Another ETF that has consistently outperformed the ASX 200 in recent times is this Wide Moat ETF from VanEck. This ETF is an actively managed one. It holds a basket of shares that its managers believe all demonstrate the presence of a ‘wide moat’. A moat is a term coined by the legendary investor Warren Buffett. It refers to a company’s intrinsic competitive advantage that helps to protect a company from competitors, much as a moat helps a castle keep out invaders. Some of its current top holdings include Campbell Soup Company, Kellogg and Coca Cola Company.
MOAT hasn’t done quite as well as the ASX 200 over the past year, only returning 5%. However, it has still averaged 13.15% over the past three years on average, and 15.08% over the past five. Those figures far outstrip an ASX 200 ETF like IOZ.