If you're not keen on stock picking, but want to invest, then exchange traded funds (ETFs) could be the answer.
That's because ETFs allow investors to buy large groups of shares through a single investment.
But which ASX ETFs could be worth considering this week? Three high-quality ETFs to look at are listed below, here's what you need to know about them:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Alphabet, Amazon, Apple, Microsoft, and Tesla, to name just five, are among the ultra high-quality companies that you will be owning a slice of when buying this ASX ETF. That's because the BetaShares NASDAQ 100 ETF gives investors access to the 100 largest non-financial shares on the famous NASDAQ index in one fell swoop. Given how positive their long-term outlooks are as a whole, this ETF could be a smart choice for buy and hold investors.
iShares Global Consumer Staples ETF (ASX: IXI)
Another high-quality ASX ETF for investors to consider buying is the iShares Global Consumer Staples ETF. It could be a top option if you're concerned that a recession is looming. That's because the companies included in this ETF are likely to remain well-placed to navigate any crisis given how demand for their products remains consistent whatever happens in the economy. Among the global consumer staples companies held by the fund are Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart.
iShares S&P 500 ETF (ASX: IVV)
A final ASX ETF for investors to consider buying is the iShares S&P 500 ETF. This ETF gives investors access to 500 of the top listed U.S. companies. This is a more diverse group of shares compared with the tech-heavy Nasdaq 100 ETF. So, if you're not overly bullish on the tech sector, this ETF could be a great alternative. Among its holdings are the likes of Amazon, Apple, Disney, Facebook, JP Morgan, Johnson & Johnson, Microsoft, Tesla, and Visa.
