When it comes to long-term investing, simplicity often wins. Rather than chasing the latest stock tip on social media or trying to time the market, investors who focus on high-quality, diversified exchange-traded funds (ETFs) can let time and compounding do the heavy lifting.
If your goal is to build wealth steadily over the next decade, these ASX ETFs could be among the best to buy and hold for 10 years or more.
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Betashares Nasdaq 100 ETF (ASX: NDQ)
If you want exposure to global technology giants, then the Betashares Nasdaq 100 ETF could be an excellent long-term choice. This ASX ETF tracks the Nasdaq 100 index, which is packed with the biggest non-financial companies listed on the Nasdaq exchange.
Its top holdings include Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and NVIDIA (NASDAQ: NVDA). These are businesses that have shown remarkable resilience and growth through multiple market cycles.
While tech stocks can be volatile in the short term, the 10-year outlook for cloud computing, artificial intelligence, and digital transformation remains very positive. As a result, for investors seeking growth and global exposure in one trade, the Betashares Nasdaq 100 ETF could be a top buy.
Betashares Global Quality Leaders ETF (ASX: QLTY)
Consistency matters when you're holding an ASX ETF for a decade, which is why the Betashares Global Quality Leaders ETF stands out. This fund invests in 150 of the world's highest-quality companies, screened for strong balance sheets, high returns on equity, and stable earnings.
Some of its holdings include Johnson & Johnson (NYSE: JNJ), Visa (NYSE: V), and Costco (NASDAQ: COST). These are companies that produce reliable profits, enjoy durable competitive advantages, and often continue to grow even in economic slowdowns.
The Betashares Global Quality Leaders ETF is designed to reduce portfolio risk while providing exposure to long-term global growth, making it a smart core holding for patient investors. It was tipped as one to consider buying by the team at Betashares.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
For investors who like the idea of owning businesses with defensible market positions, the VanEck Morningstar Wide Moat ETF could be a perfect fit. This ASX ETF focuses on US companies that analysts believe are fairly valued and have sustainable competitive advantages. These are the so-called economic moats popularised by Warren Buffett.
Holdings include Microsoft (NASDAQ: MSFT), Nike (NYSE: NKE), and Walt Disney (NYSE: DIS), each of which dominates their niche.
In light of the above, this ASX ETF could be a core portfolio holding for buy and hold investors.
