ASX ETFs, or exchange-traded funds, offer a convenient means to gain exposure to a diversified portfolio of companies with a single investment.
Below, we look at three top funds targeting the rally in global equities and the resurgent uranium sector.
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Two ASX ETFs to tap into the global equity rally
DP Wealth Advisory's Andrew Wielandt recently issued a buy recommendation for the Munro Concentrated Global Growth Active ETF (ASX: MCGG), courtesy of The Bull.
He noted that he holds MCGG in his own self-managed superannuation fund.
According to Wielandt:
This exchange traded fund owns between 20 and 40 global equities. It's unhedged, so performance will be assisted or hindered by movements in the Australian dollar given its overseas focus.
He noted that the fund's main holdings include Microsoft Corp (NASDAQ: MSFT), Amazon.com Inc (NASDAQ: AMZN), and Nvidia Corp (NASDAQ: NVDA).
And investors have been enjoying some outsized gains.
Wielandt noted:
Performance has been strong, up 35% in the past 12 months and up 20% per annum since its inception in February 2022. The fund returned 4.6% for the month of October 2025. I believe the fund offers long term value.
The second ASX ETF Wielandt recommends buying today, which he also owns, is the Plato Global Alpha Fund (ASX: PGA1).
"The Plato Global Alpha Fund, established initially as a managed fund in September 2021, operates as a long/short exchange traded fund," he explained. Meaning the ETF can potentially benefit from a stock holding that's rising or falling in value.
Wielandt said:
It holds numerous positions – both long and short – with a goal to outperform the MSCI world net return unhedged index by 4% per annum over the medium to long term. The fund delivered a return of 3.35% in October, outperforming the MSCI World benchmark by 0.08%. The fund delivered a return of 41.93% in the past year.
The fund is overweight in financials and defence and is underweight in materials and energy. Contributors to its performance in the past 12 months include Nvidia, Microsoft and Broadcom Inc (NASDAQ: AVGO). The price of the ETF has been steadily rising since mid-April and I like the outlook.
Investing in the global uranium revival
The third ASX ETF you might want to buy today invests in a group of companies that stand to benefit from the resurgent global demand for nuclear power.
Which sees Fairmont Equities' Michael Gable tipping the Betashares Global Uranium ETF (ASX: URNM).
"URNM provides exposure to a portfolio of mining, exploration and development companies in the global uranium industry," Gable said.
According to Gable:
This exchange traded fund continues to perform well as demand for uranium exceeds supply and, in our view, is likely to persist for several years. This puts upward pressure on uranium prices to the benefit of uranium mining companies.
And with the world's biggest economy, among others, looking to boost its nuclear energy capacity, this ASX ETF could catch some long-term tailwinds.
Gable concluded:
Recent announcements by the US government to expand nuclear power capacity is poised to generate even more demand for uranium. This ETF has risen from $5.83 on April 9 to trade at $10.88 on November 6. But we believe the ETF offers value at these levels given its bright outlook.
During the Monday lunch hour today, URNM is trading for $10.16 a share.
