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 buy and hold options? Three to look at closely are listed below. Here's what you need to know about them:
Image source: Getty Images
Betashares Global Quality Leaders ETF (ASX: QLTY)
The first ASX ETF to consider as a buy and hold investment is the Betashares Global Quality Leaders ETF. It provides investors exposure to a portfolio of approximately 150 global companies (excluding Australia) that rank highly on four key metrics. These are return on equity, debt-to-capital, cash flow generation ability, and earnings stability. The ETF includes companies such as Alphabet, L'Oreal, Microsoft, Nvidia, and Visa. It was recently recommended by Betashares' chief economist, David Bassanese.
iShares S&P 500 ETF (ASX: IVV)
Another ASX ETF for investors to consider buying and holding is the iShares S&P 500 ETF. This ETF gives investors access to 500 of the top listed companies on Wall Street. This means you'll be investing in a diverse group of shares, including countless household names, from a range of different sectors. Among its holdings are the likes of Amazon, Apple, Johnson & Johnson, Tesla, and Walt Disney.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF that could be a top option for buy and hold investors when the market reopens next week 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. Like the iShares S&P 500 ETF above, this could make it a great option if you're looking to diversify your portfolio swiftly. Among its largest holdings are giants including Amazon, Apple, Nestle, Procter & Gamble, Tesla, and Visa.
