3 ASX ETFs that could be strong buys next month

Let's see why these funds could be top picks for investors looking to make some portfolio additions in August.

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As August draws near, investors may be looking for ways to bolster their portfolios.

For those who prefer a simple approach, exchange-traded funds (ETFs) offer exposure to entire markets and sectors — all in a single trade.

Here are three ASX ETFs that could be attractive buys next month:

Vanguard MSCI Index International Shares ETF (ASX: VGS)

The Vanguard MSCI Index International Shares ETF offers Australian investors exposure to over 1,200 companies across developed markets. This global reach makes it an easy way to diversify a portfolio beyond the local share market.

Some of its biggest holdings include Apple (NASDAQ: AAPL), whose iPhone and services ecosystem continues to dominate the consumer tech landscape, Nestle (SWX: NESN), the world's largest food and beverage company with a portfolio of household brands like Nescafé and KitKat, and Johnson & Johnson (NYSE: JNJ), a healthcare giant whose pharmaceuticals and consumer products provide steady, diversified earnings.

With exposure to sectors ranging from technology to healthcare to consumer staples, this fund is built for broad, long-term growth.

iShares Global Consumer Staples ETF (ASX: IXI)

Another ASX ETF to look at is the iShares Global Consumer Staples ETF. It focuses on global consumer staples companies. These are businesses that sell essential goods like food, beverages, and household products. These companies tend to perform relatively well during periods of market volatility thanks to the steady demand for their products.

Key holdings include Procter & Gamble (NYSE: PG), the maker of everyday brands like Gillette and Pampers, Coca-Cola (NYSE: KO), a beverage giant with global reach and consistent earnings, and Costco (NASDAQ: COST), a warehouse retailer known for its loyal customer base and strong sales growth.

For investors seeking stability with modest growth potential, the iShares Global Consumer Staples ETF could be worth considering.

BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)

Finally, the BetaShares S&P/ASX Australian Technology ETF could be worth a look in August. This fund gives investors exposure to some of Australia's most innovative and fastest-growing technology companies. While the tech sector can be volatile, these businesses often deliver strong long-term returns for investors that are willing to ride out the ups and downs.

Among its largest holdings are WiseTech Global Ltd (ASX: WTC), a global leader in logistics software powering supply chains around the world, Xero Ltd (ASX: XRO), a cloud-based accounting platform serving millions of small and medium businesses, and NextDC Ltd (ASX: NXT), Australia's largest independent data centre operator benefiting from the ongoing digital transformation.

For those looking to tap into Australia's technology growth story, the BetaShares S&P/ASX Australian Technology ETF is an easy way to own the sector. It was recently named as one to consider buying by Betashares.

Motley Fool contributor James Mickleboro has positions in Nextdc and Xero. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Apple, Costco Wholesale, and Xero. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Johnson & Johnson and Nestlé. The Motley Fool Australia has positions in and has recommended Xero and iShares International Equity ETFs - iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended Apple and Vanguard Msci Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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