With the market at a record high, if you're not sure about which ASX shares to buy right now, then you could consider exchange traded funds (ETFs) instead.
They provide investors with an easy way to buy a large and diverse group of shares through a single investment.
But which ASX ETFs could be top options for investors in December? Three that could be worth considering are listed below:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ASX ETF that could be a great option for investors in December is the hugely popular BetaShares NASDAQ 100 ETF.
This ETF provides investors with access to 100 of the largest (non-financial) companies listed on the famous NASDAQ exchange.
Among the high quality shares that you'll be buying a slice of are global giants such as Alphabet (Google), Amazon, Apple, Meta Platforms (Facebook), Microsoft, Netflix, Nvidia, and Tesla. BetaShares highlights that this provides investors with access to a high-growth potential sector that is under-represented on the Australian share market.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another ASX ETF that could be a great option for investors in December is the VanEck Vectors Morningstar Wide Moat ETF.
This ETF could be particularly good if you're a fan of Warren Buffett and want to follow his investment style. That's because it gives investors access to a group of fairly valued companies that have sustainable competitive advantages (or moats). These are qualities that Buffett looks for when identifying investments.
There are approximately 50 shares included in the index that boast these qualities at present. This includes the likes of Adobe, Etsy, Nike, Starbucks, and Walt Disney.
Vanguard MSCI Australian Small Companies Index ETF (ASX: VSO)
If small caps are more your thing then the Vanguard MSCI Australian Small Companies Index ETF could be worth considering.
Especially with interest rate cuts on the horizon and many analysts tipping the small side of the market to rally when the RBA takes action.
This ASX ETF gives investors access to almost 200 small-cap Australian shares. However, unlike many other small-cap focused ETFs, VSO has been designed to include a range of mid and small-caps and not just the tail end of the stock market.
Among its holdings are companies such as appliance manufacturer Breville Group Ltd (ASX: BRG), metal detector company Codan Ltd (ASX: CDA), lithium miner Liontown Resources Ltd (ASX: LTR), and property listings company Domain Holdings Australia Ltd (ASX: DHG).
