One of the simplest yet most effective investing strategies is buying quality assets and holding them for the long term.
But don't worry if you're not a fan of stock picking. That's because exchange-traded funds (ETFs) are here to make life easier by allowing you to buy large numbers of quality shares in one fell swoop.
If you're looking for ASX ETFs to buy and hold for the next decade, here are three that could deliver strong returns over time.
Betashares Crypto Innovators ETF (ASX: CRYP)
The cryptocurrency industry has had its fair share of ups and downs, but long-term believers see it as a transformative force in global finance and technology. The Betashares Crypto Innovators ETF offers Aussie investors a way to gain exposure to the crypto economy without directly buying digital assets.
This ASX ETF invests in companies that are deeply involved in the cryptocurrency ecosystem, including exchanges, mining operations, and blockchain technology firms. While the crypto market is known for volatility, history shows that every major crypto downturn has been followed by strong recoveries. For investors willing to ride the waves, this fund could be a lucrative long-term bet as blockchain adoption continues to expand globally.
BetaShares S&P 500 Equal Weight ETF (ASX: QUS)
For those seeking broad exposure to the US market with a unique twist, the BetaShares S&P 500 Equal Weight ETF is worth considering. Unlike traditional ASX ETFs that track the S&P 500 with a market-cap weighting, this fund gives every stock in the index an equal allocation.
This equal-weight approach reduces concentration risk, ensuring that your returns aren't overly dependent on just a handful of mega-cap tech giants. It also historically provides better returns in periods when smaller and mid-sized companies outperform the biggest players. If you believe in the long-term strength of the US economy but want a more balanced approach, BetaShares S&P 500 Equal Weight ETF could be a great fit for your portfolio. Betashares has tipped it as one to buy recently.
Betashares Cloud Computing ETF (ASX: CLDD)
Cloud computing has become the backbone of modern technology, powering everything from streaming services to artificial intelligence. The Betashares Cloud Computing ETF provides exposure to leading cloud technology providers, including data centres, infrastructure-as-a-service companies, and software platforms. Betashares recently named it as one to buy.
As businesses continue their digital transformations, demand for cloud services is expected to grow exponentially. With Amazon Web Services, Microsoft Azure, and Google Cloud at the forefront of this shift, Betashares Cloud Computing ETF offers a way to capitalise on one of the biggest technological megatrends of the decade. Also included are the likes of Snowflake (NYSE: SNOW) and Shopify (NYSE: SHOP).
