The ETF portfolio I'd build if I never wanted to watch markets again

Set and forget sound good to you? This could be the way to do it,

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A man in his office leans back in his chair with his hands behind his head looking out his window at the city, sitting back and relaxed, confident in his ASX share investments for the long term.

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Key points

  • A simple, long-term ASX ETF portfolio with minimal need for active management includes the Vanguard Australian Shares ETF, offering broad exposure to the largest 300 companies in Australia's economy.
  • Adding the iShares S&P 500 ETF provides diversification into the US market, granting access to leading global companies across various sectors without picking individual winners.
  • The Vanguard MSCI Index International Shares ETF completes the portfolio by diversifying holdings across developed markets outside Australia, minimizing the risk associated with any single economy underperforming.

Constantly checking markets, reacting to headlines, and second-guessing investment decisions is exhausting. And for most investors, it is unnecessary.

History shows that long-term wealth is rarely built by trading in and out of the market. It is built by owning quality assets, staying invested, and letting time do the heavy lifting.

The good news is that's exactly where a simple exchanged traded fund (ETF) portfolio can shine.

If my goal was to invest once, add money when I could, and then largely ignore the day-to-day noise, this is the ASX ETF portfolio I would build.

A strong foundation in Australian shares

My first pick would be the Vanguard Australian Shares ETF (ASX: VAS).

This ETF gives exposure to the 300 largest shares listed on the ASX, including household names like BHP Group Ltd (ASX: BHP), Commonwealth Bank of Australia (ASX: CBA), CSL Ltd (ASX: CSL), Wesfarmers Ltd (ASX: WES), and Woolworths Group Ltd (ASX: WOW). These businesses collectively represent a huge portion of the Australian economy.

Importantly, given its vast number of holdings, it removes the need to guess which Australian shares will outperform. You simply own the market.

US exposure

Next, I would add the iShares S&P 500 ETF (ASX: IVV).

This ETF tracks the 500 largest stocks on Wall Street, giving instant exposure to global leaders across technology, healthcare, consumer goods, and industrials. Its holdings include stocks such as Microsoft Corp (NASDAQ: MSFT), Johnson & Johnson (NYSE: JNJ), Walmart (NYSE: WMT), and Nvidia Corp (NASDAQ: NVDA).

This means that by owning this fund, you are holding a slice of some of the world's strongest businesses without needing to decide which individual stocks will win.

The US market has been one of the best performers in history. And given the quality on offer across the Pacific, it would not be a surprise if this trend continued.

Global diversification

To complete the portfolio, I would include the Vanguard MSCI Index International Shares ETF (ASX: VGS).

This ETF invests in developed markets outside Australia, spreading capital across Europe, Japan, and other major economies. Its holdings include well-known companies like Nestle (SWX: NESN), Roche Holding AG (SWX: ROG), Toyota Motor Corp, and LVMH Moët Hennessy Louis Vuitton (FRA: MO).

This ETF helps reduce reliance on any single country or economy. If Australia or the US underperforms for a period, other regions can help balance returns.

Motley Fool contributor James Mickleboro has positions in CSL and Woolworths Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Microsoft, Nvidia, Wesfarmers, and iShares S&P 500 ETF. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Johnson & Johnson, Nestlé, and Roche Holding AG and has recommended the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended Woolworths Group. The Motley Fool Australia has recommended BHP Group, CSL, Microsoft, Nvidia, Vanguard Msci Index International Shares ETF, Wesfarmers, and iShares S&P 500 ETF. 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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