3 excellent ASX ETFs to build long-term wealth

These funds could be top picks for Aussie investors. Let's find out why.

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Key points

  • The BetaShares India Quality ETF is a gateway to one of the world's rapidly growing economies, investing in top Indian companies like Infosys and Reliance Industries, capturing the nation's long-term economic upswing driven by a youthful, affluent populace.
  • The BetaShares Australian Quality ETF focuses on high-return, low-debt Australian companies like CSL and Macquarie, aiming for stable growth and resilience in market fluctuations by selecting financially strong businesses.
  • The iShares Global Consumer Staples ETF offers defensive stability with global staples like Nestle and Procter & Gamble, ensuring reliable returns even during economic downturns by betting on products that remain in demand across economic cycles.

Building long-term wealth doesn't have to be complicated. You don't need to spend hours researching individual stocks or trying to time the market.

In fact, for most investors, the smartest approach is to own a few high-quality exchange-traded funds (ETFs) that quietly compound over time.

With that in mind, here are three excellent ASX ETFs that could help investors grow their money steadily over the long run:

BetaShares India Quality ETF (ASX: IIND)

If you're looking for exposure to one of the fastest-growing economies in the world, the BetaShares India Quality ETF could be the way to do it.

India's economy is expanding rapidly, supported by a young population, rising incomes, and a booming technology and manufacturing sector. The BetaShares India Quality ETF invests in high-quality Indian stocks with strong balance sheets and consistent profitability, giving investors exposure to the nation's long-term growth story.

The fund's holdings include Infosys (NYSE: INFY), Reliance Industries (NSEI: RELIANCE), and Tata Consultancy Services (NSEI: TCS). These are businesses that dominate sectors such as technology, finance, energy, and telecommunications.

For investors seeking growth beyond traditional Western markets, this ASX ETF offers access to a vibrant, expanding economy that could become one of the world's key wealth engines over the next decade. Betashares recently tipped it as one to buy.

BetaShares Australian Quality ETF (ASX: AQLT)

Closer to home, the BetaShares Australian Quality ETF focuses on owning some of Australia's most consistently profitable stocks.

This ASX ETF tracks a portfolio of businesses with high returns on equity, low debt levels, and reliable earnings growth. These are characteristics that tend to drive superior performance over time. Current holdings include CSL Ltd (ASX: CSL), Wesfarmers Ltd (ASX: WES), Macquarie Group Ltd (ASX: MQG), ResMed Inc (ASX: RMD), and Pro Medicus Ltd (ASX: PME).

By filtering for financial strength and consistency, the BetaShares Australian Quality ETF naturally tilts toward stocks that can weather market volatility and continue growing their profits over the long term. It was recently named as one to buy by analysts at Betashares.

iShares Global Consumer Staples ETF (ASX: IXI)

Finally, the iShares Global Consumer Staples ETF offers a different type of long-term exposure. It provides access to the stocks that provide products people buy regardless of the economy.

Its portfolio includes household names like Nestle (SWX: NESN), Coca-Cola (NYSE: KO), Procter & Gamble (NYSE: PG), and Walmart (NYSE: WMT). These are global giants with strong brands, pricing power, and steady cash flows.

Consumer staples tend to hold up well during economic downturns, making this fund a stabilising addition to a long-term portfolio. It balances the growth potential of the other two funds with the defensive reliability of stocks that sell products people use every day.

Motley Fool contributor James Mickleboro has positions in CSL, Pro Medicus, and ResMed. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Macquarie Group, ResMed, Walmart, and Wesfarmers. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Nestlé and Pro Medicus. The Motley Fool Australia has positions in and has recommended Macquarie Group, ResMed, and iShares International Equity ETFs - iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended CSL, Pro Medicus, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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