There are lots of exchange traded funds (ETFs) for investors to choose from on the Australian share market.
So many, it can be hard to decide which ones to buy above others.
To narrow things down, let's take a look at five ASX ETFs that could be great options for investors with $500 to put to work in the market this month. They are as follows:
Image source: Getty Images
Betashares Global Quality Leaders ETF (ASX: QLTY)
The first ASX ETF to consider for a $500 investment is the Betashares Global Quality Leaders ETF. It is home to high quality global stocks that consistently deliver high returns on equity and strong earnings. It includes companies like Visa and Netflix, and could be a great core holding for investors focused on quality above hype. Betashares recently tipped it as one to consider buying.
Betashares Asia Technology Tigers ETF (ASX: ASIA)
Next to look at is the Betashares Asia Technology Tigers ETF. This popular ASX ETF is focused on leading tech companies across Asia, including WeChat owner Tencent, Alibaba, and Temu owner PDD Holdings. For investors who want exposure beyond Silicon Valley, this fund taps into one of the fastest-growing digital economies on the planet.
Betashares Australian Quality ETF (ASX: AQLT)
A third ASX ETF to look at is the Betashares Australian Quality ETF. It is an easy way for investors to own high-quality ASX shares with strong balance sheets, low debt, and stable earnings. Essentially, it is the local version of the Betashares Global Quality Leaders ETF. It was also recently named as one to consider buying by the team Betashares.
Betashares Global Cybersecurity ETF (ASX: HACK)
Another top fund for investors to look at investing $500 into this month is the Betashares Global Cybersecurity ETF. It provides easy exposure to companies like CrowdStrike and Palo Alto Networks that protect digital infrastructure across the globe. Demand for cybersecurity services is expected to increase materially over the next decade. This bodes well for the companies in this fund.
iShares S&P 500 ETF (ASX: IVV)
Finally, the iShares S&P 500 ETF could be a great pick for the $500 investment. It is a simple way for investors to own 500 of the largest companies in the United States. This ASX ETF includes household names across sectors like healthcare, finance, consumer goods and tech. This includes Apple, Microsoft, Starbucks, and Walmart. It could be a core building block for a portfolio.
