A new year is upon us, so what better time to look at making some new portfolio additions?
If exchange-traded funds (ETFs) are on your radar in 2024, then you might want to look at the three listed below.
Here's what you need to know about these popular ETFs:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
2024 will be the year of the dragon. According to the Economist, the dragon has historically been a good omen for share markets, with stronger than average returns generated during previous dragon years. This could be good news for the BetaShares Asia Technology Tigers ETF, which provides investors with easy access to the largest technology companies in Asia (excluding Japan). Among the tigers you'll be owning are Alibaba, JD.com, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent Holdings.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ASX ETF that could be a top option in 2024 is the VanEck Vectors Morningstar Wide Moat ETF. This increasingly popular ETF gives investors the opportunity to invest in the type of companies that Warren Buffett buys for Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). These are high-quality companies with fair valuations and sustainable competitive advantages. This focus has not only been successful for Buffett, but it has also been successful for this ETF. Over the last decade, the index the ETF tracks has delivered an average return of 16.55% per annum.
Betashares Global Quality Leaders ETF (ASX: QLTY)
A final ASX ETF to consider in 2024 is the Betashares Global Quality Leaders ETF. It provides investors with access to a portfolio of approximately 150 global companies (excluding Australia) that rank highly on four key quality metrics. These are return on equity, debt-to-capital, cash flow generation ability, and earnings stability. This means that you will be investing in the crème de la crème of the global share market. Earlier this year, it was recommended by Betashares' chief economist, David Bassanese.
