If you are on the hunt for ASX exchange-traded funds (ETFs) to invest in, then you may want to consider the five in this article.
Let's see why they could be top options and what sort of companies they provide investors with access to right now.
Here's what you need to know about these funds:
BetaShares Crypto Innovators ETF (ASX: CRYP)
The BetaShares Crypto Innovators ETF could be a great way to gain exposure to the crypto industry without having to buy coins.
This ASX ETF allows investors to invest in the crypto ecosystem by providing easy access to cryptocurrency exchanges, crypto mining companies, and mining equipment firms. It also includes companies with balance sheets that are held at least 75% in crypto assets.
Among its holdings are the likes of Coinbase (NASDAQ: COIN), Riot Blockchain (NASDAQ: RIOT), and MicroStrategy (NASDAQ: MSTR). If the crypto market booms in the coming years, these companies stand to benefit greatly.
iShares S&P 500 ETF (ASX: IVV)
Investors that are interested in 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 which includes consumer stocks, tech stocks, mining stocks, and healthcare stocks.
Among its holdings are big names such as Apple (NASDAQ: AAPL), Exxon Mobil (NYSE: XOM), McDonald's (NYSE: MCD), Microsoft (NASDAQ: MSFT), Starbucks (NASDAQ: SBUX), and Walmart (NYSE: WMT).
iShares highlights that investors can use the ETF "to diversify internationally and seek long-term growth opportunities in your portfolio."
BetaShares Cloud Computing ETF (ASX: CLDD)
A third ASX ETF that could be a good option is the BetaShares Cloud Computing ETF.
BetaShares recently tipped this fund as one to buy. It notes that "cloud computing has been one of the strongest-growing segments of the technology sector, and given much of the world's digital data and software applications are still maintained outside the cloud, continued strong growth has been forecast."
This bodes well for its holdings, such as Shopify (NYSE: SHOP), Snowflake Inc (NYSE: SNOW), and Zoom (NASDAQ: ZM).
BetaShares Global Quality Leaders ETF (ASX: QLTY)
A fourth option that could be a top pick for Aussie investors is the BetaShares Global Quality Leaders ETF.
That's the view of BetaShares' chief economist, who named the ASX ETF as one to buy. And it isn't hard to see why, either.
It is never a bad idea to invest in the highest quality companies you can find, and this fund brings the best of the best together from across the globe. This includes stocks such as Visa (NYSE: V), Nvidia (NASDAQ: NVDA), ASML Holdings (NASDAQ: ASML), and Netflix (NASDAQ: NFLX).
Betashares Australian Momentum ETF (ASX: MTUM)
Finally, a fifth ASX ETF for investors to consider is the Betashares Australian Momentum ETF. It was also recently tipped as a buy by Betashares.
Momentum investing looks for stocks that show a recent trend of outperforming the broad market. It works on the theory that rising asset prices often continue rising, and falling prices tend to continue falling.
The fund manager points out that this ETF is the first to provide investors with a momentum strategy over Australian shares. It also highlights that the index the fund tracks has comfortably outperformed the S&P/ASX 200 index since its inception over 13 years ago on almost all timeframes.
Its holdings currently include Commonwealth Bank of Australia (ASX: CBA), Goodman Group (ASX: GMG), and Wesfarmers Ltd (ASX: WES).
