With the market pulling back materially this month, it could be a good time to consider making some new additions to your portfolio.
But if you're not a fan of stock picking, don't worry. That's because exchange-traded funds (ETFs) are here to make your life easier. ETFs allow investors to buy large groups of shares through a single investment.
But which ones could be worth considering in April? Listed below are four high-quality options to consider buying:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
If you're looking to invest in some of the biggest and best companies that the world has to offer, then the BetaShares NASDAQ 100 ETF could be the one for you. This popular ASX ETF gives you access to the 100 largest non-financial shares on the famous NASDAQ index. This is where you'll find all the big tech giants that are ever-present in our daily lives. We use their phones, search engines, social media platforms, online shops, spreadsheets, and streaming services.
iShares S&P 500 ETF (ASX: IVV)
Another ASX ETF to consider in April is the iShares S&P 500 ETF. It could be a good alternative to the NASDAQ 100 ETF if you're looking for less exposure to the technology sector. That's because as well as giving you access to the 100 shares in the above ETF, you also get a further 400 of the top listed companies on Wall Street. This means you'll be investing in a diverse group of shares, including countless household names.
Vanguard Australian Shares Index ETF (ASX: VAS)
A third ASX ETF for investors to consider is the Vanguard Australian Shares Index ETF. It is a diversified, index-based fund that aims to track the ASX 300 index. This index is home to Australia's leading 300 listed companies. This includes shares from a range of sectors such as mining, banking, retail, healthcare, and telecommunications. Among its holdings are Macquarie Group Ltd (ASX: MQG), Northern Star Resources Ltd (ASX: NST), and Wesfarmers Ltd (ASX: WES). It also provides investors with a source of income. At the last count, the ETF was trading with a dividend yield of 3.7%.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF to consider after the market selloff is the Vanguard MSCI Index International Shares ETF. This fund allows you to buy a slice of a massive ~1,500 of the world's largest listed companies through a single investment. This could make it a great option if you're looking to diversify your portfolio.
