Are you wanting to make some buy and hold investments, but don't like stock picking?
Well, the solution could be exchange-traded funds (ETFs). They allow you to buy groups of shares in one go. This means you can diversify a portfolio quickly and reduce your risk.
But which ASX ETFs could be good buy and hold options? Listed below are five that could be worth a closer look:
Betashares Global Uranium ETF (ASX: URNM)
The Betashares Global Uranium ETF could be a top buy and hold pick. If you believe that nuclear power is the future, then you may want to add the leading companies in the global uranium industry to your portfolio. That's what this ETF provides. These companies will be well-placed to benefit over the next decade if the forecast strong demand for the chemical element materialises.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another top ASX ETF to consider is the BetaShares NASDAQ 100 ETF. If you want to invest in the best of the best, then this ETF could be the one for you. That's because it provides investors with access to the 100 largest (non-financial) companies on the famous Nasdaq index. These are global giants such as Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla.
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
A third ETF to look at for the long term could be the ETFS Battery Tech & Lithium ETF. It could be a great option if you believe that electric vehicles will dominate in the future. That's because it invests in the leading companies in the battery technology and lithium industries. This includes miners, battery producers, and electric vehicle manufacturers.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
If you are a fan of Warren Buffett and his investment style, then the VanEck Vectors Morningstar Wide Moat ETF could be the way to do it. This ASX ETF focuses on companies that the Oracle of Omaha would normally buy. These are companies with attractive valuations, strong business models, and sustainable competitive advantages.
Vanguard U.S. Total Market Shares Index ETF (ASX: VTS)
Finally, if you are confident in the outlook of the US economy, then it could be worth looking at the Vanguard US Total Market Shares Index ETF. This fund allows investors to buy a slice of ~4,000 US-listed shares of all shapes and sizes. Vanguard highlights that this allows investors to participate in the long-term growth potential of the US economy and its listed companies.
