For investors chasing long-term growth, exchange-traded funds (ETFs) can be a simple way to tap into powerful global themes.
While broad market ETFs like the Vanguard Australian Shares Index ETF (ASX: VAS) or the iShares S&P 500 ETF (ASX: IVV) have their place in a diversified portfolio, there are also more targeted options designed for those who want to tilt towards growth.
With that in mind, here are three ASX ETFs that could appeal to growth-focused investors in October.
Betashares Cloud Computing ETF (ASX: CLDD)
The cloud has become the backbone of the digital economy. The Betashares Cloud Computing ETF gives investors exposure to some of the world's most influential companies in this space, including Amazon (NASDAQ: AMZN), Shopify (NASDAQ: SHOP), Microsoft (NASDAQ: MSFT), and Salesforce (NYSE: CRM).
Cloud adoption has accelerated across every sector as businesses move their operations online. More recently, the rise of artificial intelligence and machine learning has created an even greater need for cloud-based storage and processing power. This could make this ASX ETF a top way to ride that structural growth trend. Betashares recently tipped this fund as one to consider buying.
Betashares Global Cybersecurity ETF (ASX: HACK)
Cybersecurity has shifted from being a technical afterthought to a frontline priority for businesses and governments worldwide. The Betashares Global Cybersecurity ETF provides diversified exposure to leading players in the field, such as Palo Alto Networks (NASDAQ: PANW), CrowdStrike (NASDAQ: CRWD), and Fortinet (NASDAQ: FTNT).
The investment case is simple: the cost of cybercrime is starting to be measured in the trillions of dollars globally each year, and organisations must keep investing in digital protection to stay ahead of threats. This relentless demand is driving growth across the sector, which bodes well for the fund's holdings. For investors, this ASX ETF offers a straightforward way to tap into this megatrend without having to pick individual winners.
Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)
Few themes capture the imagination quite like robotics and artificial intelligence. The Betashares Global Robotics and Artificial Intelligence ETF brings together global leaders in both these fields, including Nvidia (NASDAQ: NVDA), Intuitive Surgical (NASDAQ: ISRG), and ABB (SWX: ABBN).
Automation is reshaping manufacturing, logistics, and healthcare, while AI is transforming industries from finance to transport. These shifts are still in their early days, which means significant growth opportunities are likely to remain ahead.
This ASX ETF gives investors diversified exposure to both robotics hardware and AI software, arguably making it one of the more compelling long-term growth ETFs on the ASX. It was also recently named as one to consider buying by Betashares.
