These were the 2 best ASX ETFs for price growth in April

These 2 ASX ETFs give investors exposure to one of the great megatrends of the moment.

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The two best ASX exchange-traded funds (ETFs) for price growth in April each rose by more than 10%.

Both of them give ASX investors exposure to one of the great megatrends of the moment.

That megatrend is the green energy transition.

Let's take a look at these 2 top-performing ASX ETFs.

2 best ASX ETFs for price growth last month

According to the Australian ETF Review published by leading exchange-traded products (ETPs) provider Betashares, the following two ASX ETFs recorded the best share price growth last month.

Global X Copper Miners AUD ETF (ASX: WIRE)

The Global X Copper Miners AUD ETF gained 10.5% in new value over the month of April.

The ASX ETF closed at $15.08 per unit on Thursday, down 1.70% for the day. Over the past 12 months, the Copper Miners ETF has risen by 31.70%.

According to provider Global X, the Copper Miners AUD ETF provides access to a global basket of copper miners with exposure to major areas of innovation, including technology, infrastructure, and clean energy.

Among its top holdings are Canadian miners First Quantum Minerals Ltd (TSE: FM) and Lundin Mining Corp (TSE: LUN), as well as Polish miner KGHM Polska Miedz SA (WSE: KGH).

ASX copper stocks are also held by this ETF. They include BHP Group Ltd (ASX: BHP), Sandfire Resources Ltd (ASX: SFR), and WA1 Resources Ltd (ASX: WA1) shares.

Copper is set to play a key role in the green energy transition. An excellent conductor of electricity, it is used in the construction of electric vehicles, wind turbines, solar energy systems, and data centres.

Right now, global supply is constrained, and this has seen the copper price rise as part of a broader global commodities upswing that is also propelling the prices of other metals like iron ore, gold, tin and zinc.

At the time of writing, copper is trading at US$4.95. It's up 32.5% year over year and up 14.6% over the past 30 days alone.

Betashares Energy Transition Metals ETF (ASX: XMET)

The Betashares Energy Transition Metals ETF gained 10.4% in new value over the month of April.

The ASX ETF closed at $8.54 per unit on Thursday, down 1.04% for the day. Over the past 12 months, the Energy Transition Metals ETF has lifted 0.59%.

According to provider Betashares, the Energy Transition Metals ETF provides investors with exposure to global producers of copper, lithium, nickel, cobalt, graphite, manganese, silver and rare earths.

First Quantum and Lundin Mining are also among its top holdings. It also holds US miner Freeport-McMoRan Inc (NYSE: FCX) and another Canadian miner, Ivanhoe Mines Ltd (TSE: IVN).

ASX stocks are also part of this ETF. They include Lynas Rare Earths Ltd (ASX: LYC), Pilbara Minerals Ltd (ASX: PLS), and Nickel Industries Ltd (ASX: NIC).

Motley Fool contributor Bronwyn Allen has positions in BHP Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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