If you've got $1,000 ready to put to work in the share market, exchange-traded funds (ETFs) can be a great place to start.
They give you diversification, growth opportunities, and exposure to high-quality stocks — all in a single trade.
And the best part? You don't need to try and pick the next winning stock. With ASX ETFs, you can spread your risk while tapping into both local and global opportunities.
Here are three ASX ETFs that could be worth considering with your first (or next) $1,000.
Vanguard Australian Shares Index ETF (ASX: VAS)
If you want broad exposure to the Australian share market, the Vanguard Australian Shares Index ETF is a simple but powerful option. It tracks the S&P/ASX 300 Index, meaning your $1,000 gets spread across 300 of the country's largest shares.
That includes familiar names like Westpac Banking Corp (ASX: WBC), Qantas Airways Ltd (ASX: QAN), and Coles Group Ltd (ASX: COL). The result is a diversified portfolio that reflects the Australian economy itself.
For long-term investors, the Vanguard Australian Shares Index ETF provides steady income through dividends (many of them franked) while also capturing capital growth from Australia's blue-chip shares.
Betashares Australian Quality ETF (ASX: AQLT)
While the Vanguard Australian Shares Index ETF gives you the market as a whole, the Betashares Australian Quality ETF takes a more selective approach. It focuses only on Australian shares that meet strict criteria around high profitability, low leverage, and earnings stability.
This rules-based strategy means your money goes into some of the strongest, most resilient businesses on the ASX — the kind of companies that can ride out economic cycles and deliver consistent returns over time. Current holdings include Cochlear Ltd (ASX: COH), Goodman Group (ASX: GMG), and REA Group Ltd (ASX: REA).
By adding the Betashares Australian Quality ETF, you tilt your portfolio toward higher-quality shares without losing the diversification that ETFs offer. It was recently named as one to buy by the team at Betashares.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
If you'd like global exposure, the VanEck Morningstar Wide Moat ETF is one of the most interesting ETFs available on the ASX. It invests in fairly valued US-listed companies that analysts believe have wide moats — sustainable competitive advantages that help protect profits and market share.
This approach leads to a portfolio of high-quality stocks across different sectors. Current holdings include Alphabet (NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), and Estee Lauder (NYSE: EL).
The VanEck Morningstar Wide Moat ETF has a strong track record of long-term performance, and by holding it you gain access to some of the best companies in the world — all without having to trade overseas.
