Investing in exchange-traded funds (ETFs) can be a smart move for those who want exposure to the share market without having to pick individual stocks.
But which ASX ETFs could be quality picks for investors right now?
Let's take a look at four that could be worth a closer look. Here's what you need to know about them:
iShares S&P 500 ETF (ASX: IVV)
For investors who want exposure to the biggest and best companies in the United States, the iShares S&P 500 ETF could be the way to do it.
This popular ASX ETF tracks the S&P 500 index, which includes 500 of the largest US-listed companies like Apple, Microsoft, Nvidia, and Amazon. These are companies that continue to drive global innovation and economic growth. This could make it a great buy and hold option for smart investors.
BetaShares Cloud Computing ETF (ASX: CLDD)
Another ASX ETF to look at is the BetaShares Cloud Computing ETF. It gives investors access to a fast-growing cloud computing industry that is transforming businesses worldwide. Its holdings include global leaders like Amazon, Twilio, Shopify, and Snowflake.
Given that demand for cloud services continues to grow, this fund ETF could be a great long-term investment option. The team at Betashares recently tipped it as one to buy.
BetaShares Diversified High Growth ETF (ASX: DHHF)
Investors that are looking for an all-in-one, high-growth option, the BetaShares Diversified High Growth ETF could be worth considering.
It is invested in a blend of large, mid and small cap equities from Australia, global developed and emerging markets, which Betashares notes offers investors exposure to an "all-cap, all-world share portfolio with the potential for high growth over the long term."
At the last count, the ETF was providing exposure to approximately 8,000 equity securities listed on over 60 global exchanges. Betashares also recently named it as one to consider buying.
BetaShares Australian Quality ETF (ASX: AQLT)
Finally, it is never a bad idea to invest in the highest quality stocks you can get your hands on. The good news is that the BetaShares Australian Quality ETF is an easy way to do this.
It focuses on high-quality ASX shares with strong balance sheets, competitive advantages, and consistent profitability. This includes some of the best names on the ASX such as CSL Ltd (ASX: CSL) and Commonwealth Bank of Australia (ASX: CBA).
This is another fund that Betashares recently picked out as one to consider buying.
