If you are looking at making some new portfolio additions and exchange traded funds (ETFs) are on your radar, then you might want to look at the three listed below.
Here's what you need to know about these popular ETFs:
iShares Global Consumer Staples ETF (ASX: IXI)
The first ASX ETF for investors to consider buying is the iShares Global Consumer Staples ETF. If you're concerned with how interest rates will impact global economic growth and want low risk options, then this ETF could be for you. That's because the companies included in this ETF are likely to remain well-placed to navigate a recession.
This is due to the ETF giving investors exposure to many of the world's largest global consumer staples and demand for their products being relatively consistent whatever is happening in the economy. Among its holdings are Coca-Cola, Nestle, PepsiCo, Procter & Gamble, and Unilever.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
If you're a fan of Warren Buffett, then it could be worth looking at the VanEck Vectors Morningstar Wide Moat ETF. When Buffett looks for an investment, he has a preference for companies with sustainable competitive advantages and fair valuations. It is these qualities that this ASX ETF has been built around.
The ETF contains approximately 50 companies that tick these boxes. At present, this includes the likes of Alphabet, Boeing, Kellogg Co, Meta Platforms, and Walt Disney.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF for investors to consider buying is the popular Vanguard MSCI Index International Shares ETF. This ETF is a great option for investors that are looking to diversify their portfolio. That's because it provides easy access to around 1,500 of the world's largest listed companies.
As well as offering significant diversity, it allows investors to take part in the long term growth potential of international economies. Among its holdings are global giants such as Amazon, Apple, Nestle, Nvidia, Procter & Gamble, Tesla, and Visa.
