Nvidia Corp (NASDAQ: NVDA) shares have been on fire over the last 12 months.
The graphics processing units (GPU) developer's shares have risen over 200% during this time.
This means that you would've tripled your money if you had invested this time last year.
Unfortunately, there isn't a listing for Nvidia shares on the ASX, so if you want to invest you need to invest through a broker that allows you to buy US stocks.
But there is a way to gain exposure to Nvidia indirectly. That is through exchange-traded funds (ETFs).
But which ASX ETFs allow you to invest in this tech giant? Let's take a look at three.
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BetaShares NASDAQ 100 ETF (ASX: NDQ)
The hugely popular BetaShares NASDAQ 100 ETF is the most obvious choice for Nvidia exposure.
It provides investors with easy access to the 100 largest (non-financial) stocks on Wall Street's famous NASDAQ index.
At present, Nvidia equates to 8.1% of the ETF. This is a touch behind Microsoft at 8.6% and level with Apple.
There are also a host of other world class companies included in this ASX ETF. Which helps to explain why it has risen 28% over the last 12 months.
Global X Semiconductor ETF (ASX: SEMI)
Another ASX ETF that allows you to invest indirectly into Nvidia is the Global X Semiconductor ETF.
This fund seeks to invest in companies that stand to potentially benefit from the broader adoption of tech-enabled devices that require semiconductors. This includes the development and manufacturing of semiconductors.
Global X notes that the world's next generation of innovative technology will require semiconductors to power it, putting the 30 companies in this ETF in a strong position for the future.
Nvidia is far and away the largest holding in the fund with a 13.01% weighting. Taiwan Semiconductor Manufacturng Co Ltd (NYSE: TSM) is next in line with a weighting of 10.4%.
This ETF has outperformed with a 58% gain over the last 12 month.
Betashares Metaverse ETF (ASX: MTAV)
A final ASX ETF that provides access to Nvidia shares is the Betashares Metaverse ETF.
It aims to track the performance of an index that provides exposure to a portfolio of leading global companies involved in building, developing and operating the Metaverse.
Betashares notes that the Metaverse has been described as the next iteration of the internet that seamlessly combines our digital and physical lives.
Nvidia is the largest holding in the fund with a weighting of 9.5%. Next in line are Meta Platform at 5.6% and Nintendo at 5.4%.
This ETF is up 36% since this time last year.
