5 top ASX ETFs to invest $1,000 into this week

Here's why these could be great funds to put your money into.

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If you have room for some new exchange-traded funds (ETFs) in your portfolio, then keep reading!

Listed below are five ASX ETFs that are highly rated right now and could be great options for investors looking to invest $1,000 into the market. Here's what you need to know about them:

iShares Global Consumer Staples ETF (ASX: IXI)

The first ASX ETF that could be worth considering for a $1,000 investment is the iShares Global Consumer Staples ETF. This fund gives investors access to many of the world's largest consumer staples companies. These companies are generally regarded as low risk options because they tend to perform well whatever is happening in the global economy. Among the fund's holdings are global giants Coca-ColaNestle, and Unilever.

Betashares Global Quality Leaders ETF (ASX: QLTY)

A second ASX ETF that could be a good option for investors is the Betashares Global Quality Leaders ETF. It was recommended by Betashares' chief economist and it isn't hard to see why. It gives investors east access to approximately 150 of the highest quality companies in the world. But what makes a company high quality? Betashares notes that the companies included in the fund rank highly on four key metrics: return on equity, debt-to-capital, cash flow generation, and earnings stability.

Betashares Global Cash Flow Kings ETF (ASX: CFLO)

Another ASX ETF that Betashares is recommending is the Betashares Global Cash Flow Kings ETF. The fund manager highlights that companies that generate high levels of free cash flow have a tendency of outperforming the market over the medium to long term. This could make this ETF a great long term option for investors. Among the companies that generate high levels of free cash flow are tech giant Alphabet (NASDAQ: GOOG) and payments behemoth Visa (NYSE: V).

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

A fourth ASX ETF that could be a good destination for your $1,000 investment is the VanEck Vectors Morningstar Wide Moat ETF. It is focused on investing in high-quality companies with fair valuations and sustainable competitive advantages. The Oracle of Omaha, Warren Buffett, looks for these characteristics in his investments. And given that he has beaten the market consistently for multiple decades, following his investment style may not be a bad idea.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

Finally, the Vanguard MSCI Index International Shares ETF could be a top option for investors. It allows investors to buy a slice of approximately 1,500 of the world's largest listed companies from major developed countries. The fund manager, Vanguard, points out that this gives investors exposure to a diverse group of stocks and global economic growth.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Alphabet and Visa. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Nestlé and Unilever. The Motley Fool Australia has positions in and has recommended iShares International Equity ETFs - iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended Alphabet, VanEck Morningstar Wide Moat ETF, Vanguard Msci Index International Shares ETF, and Visa. 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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