One investment option that continues to grow in popularity is exchange-traded funds (ETFs).
And it isn't hard to see why. In one fell swoop, with an ASX ETF, investors can gain easy exposure to many of the highest-quality stocks from all corners of the world.
But which ASX ETFs could be top options in August? Three fantastic options to consider are named below:
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BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ASX ETF for investors to look at is the BetaShares NASDAQ 100 ETF.
This ETF gives investors exposure to the 100 largest non-financial shares on the famous NASDAQ index. These are many of the largest companies in the world and household names such as Amazon, Alphabet, Apple, Meta Platforms, Microsoft, and Tesla.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ASX ETF for investors to look at is the VanEck Vectors Morningstar Wide Moat ETF.
This popular ETF gives investors access to a diversified portfolio of companies with sustainable competitive advantages and fair valuations. The portfolio changes constituents periodically when valuations become less attractive, but traditionally comprises approximately 50 US-based stocks.
At present, its holdings include Adobe, Amazon, Berkshire Hathaway, Etsy, Microsoft, and Walt Disney.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF that could be worth looking closely at right now is Vanguard MSCI Index International Shares ETF.
This ETF provides easy access to around 1,500 of the world's largest listed companies. This makes it a great way to add international exposure to your portfolio if it is currently concentrated on ASX-listed shares.
Among its holdings are global giants such as Amazon, Apple, Nestle, Nvidia, Procter & Gamble, Tesla, and Visa.
