The best ASX ETFs for this booming bull market

Wondering where to invest in this bull market? Here are three picks.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Key points
  • ETFs provide simple diversification and exposure to global growth themes, making them an attractive option in the current ASX bull market.
  • The Betashares Asia Technology Tigers ETF gives investors access to leading Asian tech giants driving ecommerce, semiconductors, and AI.
  • The Betashares Global Robotics & AI ETF and Betashares Cloud Computing ETF target powerful megatrends reshaping industries and could benefit strongly from the next market upswing.

The ASX is currently in a bull market, and with interest rates falling, it appears to still have plenty more gas in its tank.

But if you're not sure which ASX shares to buy, you could turn to exchange-traded funds (ETFs) instead.

They offer a simple way to gain exposure to the bull market, giving you instant diversification and exposure to powerful global trends.

With that in mind, here are three of the best ASX ETFs to consider for the next leg of this bull market. They are as follows:

A little boy holds his fingers to his head posing as a bull.

Image source: Getty Images

Betashares Asia Technology Tigers ETF (ASX: ASIA)

The first ASX ETF to consider is the Betashares Asia Technology Tigers ETF. It provides exposure to some of the biggest and fastest-growing tech companies in Asia. Its holdings include Tencent Holdings (SEHK: 700), Taiwan Semiconductor Manufacturing Company (NYSE: TSM), and Alibaba Group (NYSE: BABA).

As Asia's middle class grows and digital adoption accelerates, these stocks are at the forefront of ecommerce, semiconductors, and artificial intelligence. While volatility is common in emerging markets, the growth potential in a bull run could be enormous. This could make it a great pick in the current environment.

Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)

Another ASX ETF that could thrive in this bull market is the Betashares Global Robotics and Artificial Intelligence ETF. It is focused on a theme that's already reshaping industries: automation and AI. It invests in stocks building robots, AI software, and enabling technologies.

That includes names like Intuitive Surgical (NASDAQ: ISRG), whose robotic systems are transforming healthcare, and Nvidia (NASDAQ: NVDA), a global leader in AI chips. As businesses invest heavily in AI to boost productivity, the Betashares Global Robotics and Artificial Intelligence ETF could be a big beneficiary in the next market upswing. It was recently named as one to consider buying by Betashares.

Betashares Cloud Computing ETF (ASX: CLDD)

Finally, the Betashares Cloud Computing ETF could be a third ASX ETF to buy for the next leg of this bull market. It taps into another long-term megatrend: the migration of data and applications to the cloud. From remote work to artificial intelligence, the cloud is now essential infrastructure.

Holdings include Salesforce (NYSE: CRM), a global leader in customer management software, and ServiceNow (NYSE: NOW), which provides workflow automation tools. With cloud adoption continuing to expand globally, the Betashares Cloud Computing ETF could deliver strong returns when growth stocks are back in favour. It was also tipped as one to consider buying by Betashares.

Motley Fool contributor James Mickleboro has positions in Betashares Capital - Asia Technology Tigers Etf. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Intuitive Surgical, Nvidia, Salesforce, ServiceNow, Taiwan Semiconductor Manufacturing, and Tencent. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Alibaba Group. The Motley Fool Australia has recommended Nvidia, Salesforce, and ServiceNow. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

Smiling man sits in front of a graph on computer while using his mobile phone.
Broker Notes

Buy, hold, sell: Collins Foods, Netwealth, and Pro Medicus shares

How does the broker rate these popular shares this month?

Read more »

Girl with painted hands.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a disappointing Tuesday for investors.

Read more »

A smiling florist gets some good news on his laptop and tablet.
Broker Notes

What is Morgan's view on Navigator Global Investments shares after update

Morgans sees further upside for this stock.

Read more »

Two happy and excited friends in euphoria holding a smartphone, after winning in a bet.
Share Gainers

Why Artrya, Cleanaway, DroneShield, and Nuix shares are pushing higher today

These shares are outperforming on Tuesday. But why?

Read more »

Cheerful businessman with a mining hat on the table sitting back with his arms behind his head while looking at his laptop's screen.
Broker Notes

What are brokers predicting for BHP shares over the next 12 months?

Have the mining giant's shares reached their peak? Or can they keep climbing? Let's find out.

Read more »

An older man wearing glasses and a pink shirt sits back on his lounge with his hands behind his head and blowing air out of his cheeks.
Share Fallers

Why ANZ, Challenger, Hub24, and Lynas shares are dropping today

These shares are under pressure on Tuesday. But why?

Read more »

A young woman holds her hand to her mouth in surprise as she reads something on her laptop.
Share Market News

4 ASX shares tipped to fly 100% to 125% higher

Brokers rate all of these ASX shares a strong buy.

Read more »

Three guys in shirts and ties give the thumbs down.
Share Market News

3 ASX 200 shares tipped to tumble 10% (or more) in the next 12 months

Here's why the shares are tipped to drop, and by exactly how much.

Read more »