There are a large number of exchange-traded funds (ETFs) for investors to choose from on the Australian share market.
But which ASX ETFs might be top options in August?
Three to look at this month are listed below. Here's what you need to know about them:
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
The first ASX ETF to look at is the ETFS Battery Tech & Lithium ETF. As its name indicates, this ETF invests in the leading companies in the battery technology and lithium industries. This includes companies involved in mining, refinement and battery production, and electric vehicles. Among its largest holdings are the likes of Allkem Ltd (ASX: AKE), BYD, Mineral Resources Limited (ASX: MIN), Nissan, Pilbara Minerals Ltd (ASX: PLS), Renault, and Tesla.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ASX ETF to look at in August is the VanEck Vectors Morningstar Wide Moat ETF. It could be a good option if you want to invest in the style of Warren Buffett. When the Oracle of Omaha seeks out investments, he tends to look for sustainable competitive advantages and fair valuations. These are the qualities that this ETF has been built around. It currently includes approximately 50 companies including Alphabet, Etsy, Kellogg Co, Meta Platforms, and Walt Disney.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF for investors to look at is the Vanguard MSCI Index International Shares ETF. This ETF gives investors access to a massive ~1,500 of the world's largest listed companies through a single investment. This could make it a top option if you're looking to diversify your portfolio quickly. Among its largest holdings are giants including Amazon, Apple, Nestle, Procter & Gamble, Tesla, and Visa.
