There is a wide variety of ASX exchange-traded funds (ETFs) out there for investors to choose from.
As a result, whatever your investment aims, there is likely to be an ETF for you.
With that in mind, let's take a look at a few funds that could be worth considering right now for certain investment styles. They are as follows:
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BetaShares Crypto Innovators ETF (ASX: CRYP)
If you have a high tolerance for risk, then the BetaShares Crypto Innovators ETF could be one to look at. Especially if you are interested in the cryptocurrency industry but hesitant to own coins directly.
This ASX ETF is designed to provide exposure to the broader crypto ecosystem, capturing the growth of the industry without the need for direct involvement in individual cryptocurrencies. If the cryptocurrency market thrives and adoption continues to accelerate, the companies within this ETF stand to benefit significantly from their roles in the ecosystem.
Betashares notes that the "crypto economy has been growing strongly, aided by the performance of Bitcoin, Ethereum and other digital assets over the past ten years, with this growth anticipated to continue."
iShares S&P 500 ETF (ASX: IVV)
Investors that are interested in set and forget or buy and hold investing might want to look at the iShares S&P 500 ETF.
This fund is home to 500 of the largest companies on Wall Street. This is a diverse group of high-quality shares from a range of sectors such as consumer staples, technology, mining, and healthcare.
Among its holdings are big names including Apple (NASDAQ: AAPL), Exxon Mobil (NYSE: XOM), McDonald's (NYSE: MCD), Microsoft (NASDAQ: MSFT), Starbucks (NASDAQ: SBUX), and Walmart (NYSE: WMT).
The fund manager, Blackrock, highlights that investors can use the ETF "to diversify internationally and seek long-term growth opportunities in your portfolio."
Vanguard Australian Shares High Yield ETF (ASX: VHY)
Finally, if you are an income investor, then the Vanguard Australian Shares High Yield ETF could be for you.
This fund uses broker research to bring together in the region of 70 ASX dividend shares that are forecast to have larger than average dividend yields. But don't worry, this doesn't mean just loading up on banks and miners. The Vanguard Australian Shares High Yield ETF has diversity in mind and its holdings come from all corners of the market.
Among the companies included in the fund are the likes of BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia (ASX: CBA), Telstra Group Ltd (ASX: TLS), Transurban Group (ASX: TCL), and Wesfarmers Ltd (ASX: WES).
The ETF currently trades with a dividend yield of 4.85%.
