With the share market hovering near record highs in Australia and on Wall Street, optimism has well and truly returned.
Investors are now looking past the turbulence of recent years and turning their attention back to growth and the next phase of long-term wealth creation.
But which ASX exchange traded funds (ETFs) could give investors exposure to the next leg of this bull market?
Listed below are three ASX ETFs that could be among the leaders as the market's next major growth cycle unfolds. They are as follows:
Betashares Nasdaq 100 ETF (ASX: NDQ)
The Betashares Nasdaq 100 ETF is one of the most popular ways for Australian investors to access the world's biggest and most innovative technology companies.
The fund tracks the performance of the Nasdaq 100 Index, which includes giants such as Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), and Tesla (NASDAQ: TSLA).
These businesses dominate global innovation, from artificial intelligence and cloud computing to e-commerce and digital payments. Over the long term, the Nasdaq has outperformed most major indices thanks to the relentless earnings growth of its leading companies. And given its holdings, it seems quite likely that this will be the case over the next decade. Especially as AI, automation, and cloud adoption continue to expand.
Betashares Australian Momentum ETF (ASX: MTUM)
Another ASX ETF for growth investors to look at is the Betashares Australian Momentum ETF. It offers a unique way to invest in the Australian share market's strongest performers. This fund invests in 50 ASX stocks that are showing sustained price momentum.
Unlike most ETFs with fixed holdings, the Betashares Australian Momentum ETF's portfolio changes periodically to reflect the market's shifting leadership. At present, its holdings include high-flyers such as Qantas Airways Ltd (ASX: QAN), Coles Group Ltd (ASX: COL), and Wesfarmers Ltd (ASX: WES).
Momentum investing has a strong track record in bull markets. When sentiment improves, the stocks already demonstrating strength often continue to outperform. This fund automatically adjusts its positions to capture that trend, making it a smart way for investors to benefit from shifting market dynamics without having to trade actively themselves. Betashares recently recommended it as one to buy.
Betashares S&P/ASX Australian Technology ETF (ASX: ATEC)
Finally, the Betashares S&P/ASX Australian Technology ETF could be a great pick in a bull market. It provides exposure to the country's leading tech innovators. Its portfolio includes ASX shares such as WiseTech Global Ltd (ASX: WTC), Xero Ltd (ASX: XRO), and Pro Medicus Ltd (ASX: PME). These are businesses driving digital transformation both locally and abroad.
And while the sector can be volatile, it also offers some of the highest potential for long-term compounding growth. The Betashares S&P/ASX Australian Technology ETF was also recommended as a buy by the fund manager.
