If you want to invest in the share market but want a smart, low-maintenance way to grow your wealth, then exchange-traded funds (ETFs) could be just what you're after.
That's because ASX ETFs offer a diversified and less stressful approach to investing by allowing you to buy large groups of shares with a single click of the button. This removes the need to pick individual stocks and gets you more bang for your buck by eliminating multiple brokerage fees.
With that in mind, let's take a look at a number of strong ASX ETFs for Aussie investors to consider right now. They are as follows:
Betashares Nasdaq 100 ETF (ASX: NDQ)
The first ASX ETF to look at is the Betashares Nasdaq 100 ETF.
It is one of the most popular ETFs on the Australian share market and it isn't hard to see why.
This fund provides investors with easy exposure to 100 of the largest non-financial companies listed on the famous Nasdaq exchange on Wall Street in New York. This means that you'll be buying a slice of the likes of Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), and Tesla (NASDAQ: TSLA).
Given the quality on offer in this fund, it wouldn't be at all surprising if it continues to deliver strong returns over the next decade.
Betashares Global Cash Flow Kings ETF (ASX: CFLO)
Another ASX ETF filled to the brim with quality stocks is the Betashares Global Cash Flow Kings ETF.
This fund screens for global companies that generate consistently strong free cash flow. This is a great metric to focus on as businesses that produce reliable cash flow tend to withstand market turbulence better than their overleveraged peers. It is also a sign of a strong and sustainable business model.
Among its 200 holdings are companies such as MasterCard (NYSE: MA), Johnson & Johnson (NYSE: JNJ), Alphabet (NASDAQ: GOOG), and Visa (NYSE: V). It was recently named as one to consider by the team at Betashares.
Betashares Australian Quality ETF (ASX: AQLT)
Finally, if you want to invest in high-quality Australian companies, then the Betashares Australian Quality ETF could be the one.
This ASX ETF select companies based on strong fundamentals, which ensures that investors gain exposure to businesses with solid financial health and competitive advantages.
Among its key holdings are Telstra Group Ltd (ASX: TLS), Wesfarmers Ltd (ASX: WES), Westpac Banking Corp (ASX: WBC), and Pro Medicus Limited (ASX: PME). It was also named as one to consider by the fund manager recently.
