Do you have room in your portfolio for some new holdings this month? If you do, but don't like stock picking, then exchange-traded funds (ETFs) could be worth considering.
They remove the need to pick stocks by allowing you to invest in hundreds (or even thousands) of stocks from all corners of the world with a single click of the button.
With that in mind, let's take a look at five ASX ETFs that could be worth considering July:
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Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)
The Betashares Global Robotics and Artificial Intelligence ETF could be worth a closer look. The rise of artificial intelligence (AI) and robotics is transforming the world and this fund allows you to gain exposure to this megatrend. It owns a slice of global companies at the forefront of these changes. As businesses automate more processes and AI adoption grows, this ASX ETF could benefit greatly. Betashares recently suggested that it could be a good fund to buy.
iShares S&P 500 ETF (ASX: IVV)
Another amazing ASX ETF to look at is the iShares S&P 500 ETF. It allows investors to buy a portion of the largest 500 stock listed in the United States. This includes household names like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Amazon (NASDAQ: AMZN). Over the last century the S&P 500 ETF index has delivered strong returns for investors. And given the quality stocks on the index right now, it seems highly likely that this positive trend could continue long into the future.
Betashares S&P/ASX Australian Technology ETF (ASX: ATEC)
Another ASX ETF to consider is the Betashares S&P/ASX Australian Technology ETF. It gives investors exposure to Australia's most exciting technology companies. This includes the likes of Xero Ltd (ASX: XRO), Pro Medicus Ltd (ASX: PME), and Life360 Inc. (ASX: 360). As a result, if you want to back local innovation, this ASX ETF is an efficient way to do it. It was also recently rated as one to consider buying by the fund manager.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
A fourth ASX ETF to look at is the VanEck Morningstar Wide Moat ETF. This popular fund tracks US companies that possess fair valuations and long-term competitive advantages or economic moats. These businesses are often well-established leaders with pricing power and strong returns on capital. Holdings currently include the likes of Nike (NYSE: NKE), Walt Disney (NYSE: DIS), and Adobe (NASDAQ: ADBE).
Betashares Australian Quality ETF (ASX: AQLT)
Finally, the Betashares Australian Quality ETF could be worth a shout. It offers easy exposure to a concentrated portfolio of high-quality local stocks. This includes names like CSL Ltd (ASX: CSL) and REA Group Ltd (ASX: REA). Given how important a focus on quality can be for investors, this ASX ETF could be a great way to effortlessly build a strong investment portfolio from the ground up. It was also recently named as one to consider buying by Betashares.
