There are plenty of exchange-traded funds (ETFs) for investors to choose from on the Australian share market. So many, in fact, it can be hard to decide which ones to buy over others.
To help narrow things down, I have picked out three top ETFs that could be worth considering this week. Here's what you need to know about them:
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
With the decarbonisation megatrend in full swing, demand for electric vehicles and renewable energy solutions continues to increase strongly. This could be good news for the companies included in the ETFS Battery Tech & Lithium ETF. That's because ACDC invests in companies throughout the lithium cycle, including mining, refinement and battery production. Among its 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 Video Gaming and eSports ETF (ASX: ESPO)
Another ASX ETF that could be a top long-term option is the VanEck Vectors Video Gaming and eSports ETF. This popular ETF gives investors exposure to the leading players in a global video game market estimated to comprise almost 3 billion active gamers (and growing). Among its holdings are game developers such as Electronic Arts, Nintendo, Roblox, and Take-Two.
Vanguard All-World ex-U.S. Shares Index ETF (ASX: VEU)
Another ASX ETF to consider buying and holding is the Vanguard All-World ex-U.S. Shares Index ETF. It provides investors with easy access to approximately 3,500 companies listed in developed and emerging markets across the globe, excluding the United States. This could make it a good option if you already have meaningful exposure to the US market. Among the ETF's holdings are the likes of Astra Zeneca, HSBC Holdings, LVMH Moet Hennessy Louis Vuitton, Samsung, Taiwan Semiconductor, and Tencent.