For investors looking to grow their wealth over the long term, exchange-traded funds (ETFs) remain one of the simplest and smartest ways to gain exposure to top-performing stocks from Australia and around the world.
With optimism building into the new year, now could be an ideal time to add some high-quality ETFs to your portfolio.
Here are three of the best ASX ETFs to buy in November for growth-minded investors with $5,000 to put into the market.
BetaShares Nasdaq 100 ETF (ASX: NDQ)
The first ASX ETF to consider buying is the BetaShares Nasdaq 100 ETF. This hugely popular fund gives Australian investors easy access to 100 of the most innovative and dominant non-financial stocks listed in the United States.
It is a powerful way to invest in the world's leading technology and growth names. Top holdings include Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), and Amazon (NASDAQ: AMZN). These are companies that continue to shape global industries and push the boundaries of innovation.
Nvidia is the world's most valuable company. Its world-leading graphics processing units (GPUs) have become critical to powering artificial intelligence (AI) systems, cloud computing, and autonomous technology. This dominance has seen its profits soar, and analysts expect the AI boom to fuel years of further growth. This ETF is an easy way to gain exposure to Nvidia.
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
Closer to home, the BetaShares S&P/ASX Australian Technology ETF provides access to some of the country's most innovative and fastest-growing technology names.
Its top holdings include WiseTech Global Ltd (ASX: WTC), Xero Ltd (ASX: XRO), NextDC Ltd (ASX: NXT), and TechnologyOne Ltd (ASX: TNE).
WiseTech Global is a global logistics software platform provider. Its platform, CargoWise, is becoming the industry standard for freight forwarding and supply chain management. As global trade and digitalisation continue to expand, WiseTech is well positioned to benefit from long-term structural tailwinds.
The BetaShares S&P/ASX Australian Technology ETF allows investors to capture that growth and the broader rise of Australian technology stocks in one simple, diversified trade. This fund was recently recommended by analysts at Betashares.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Finally, for investors who prefer a broad, globally diversified portfolio, the Vanguard MSCI Index International Shares ETF offers exposure to more than 1,200 stocks across major developed markets.
The fund's largest holdings include Apple (NASDAQ: AAPL), Nestle (SWX: NESN), Roche (SWX: ROG), and Johnson & Johnson (NYSE: JNJ).
One name worth noting is Nestle. It is a household giant that has built its strength on trusted consumer brands like Nescafe, KitKat, and Purina. Even during periods of economic uncertainty, Nestle continues to deliver stable revenue and strong cash flow. This is the kind of consistency that makes it a classic long-term holding.
Overall, the Vanguard MSCI Index International Shares ETF could be a great core holding for any portfolio.
