It's hard to believe January 2023 was already three years ago. But in that time, there have been plenty of ASX ETFs that have brought investors strong returns.
Of course, past performance doesn't guarantee future returns.
But it can be worthwhile to examine which global funds have performed strongly over an extended period of time.
Here are three that focus on international stocks that have doubled since 2023.
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BetaShares NASDAQ 100 ETF (ASX: NDQ)
This fundamental ASX ETF provides investors with the return of the NASDAQ-100 Index (NASDAQ: NDX).
This comprises 100 of the largest non-financial companies listed on the Nasdaq market, and includes many companies that are at the forefront of the new economy.
It has a strong focus on technology companies. This can give Aussie investors exposure to a high-growth potential sector that is underrepresented in the Australian sharemarket.
This includes companies like Apple, Amazon, and Google.
Since January 2023, this fund has had an extremely strong return, climbing by 121%.
This means a hypothetical investment of $10,000 at that time would have risen to $22,100 today.
This is before taking into account dividends or management fees.
iShares International Equity ETFs – iShares Global 100 ETF (ASX: IOO)
This fund aims to provide investors with the performance of the S&P Global 100 Index, before fees and expenses.
The index is designed to measure the performance of 100 multinational, blue-chip companies of major importance in global equity markets.
It's worth mentioning that this fund and the previous ASX ETF from Betashares share many of the same companies.
That doesn't mean you can't own both. But they are relatively similar.
This fund from iShares has a broader geographical and sector spread – it includes major companies from the US, Europe, Asia, etc.
This global diversification has been a successful strategy over the last three years, as this fund has risen by roughly 98%.
This means an initial investment of $10,000 would now be worth $19,800.
ETFs Fang+ ETF (ASX: FANG)
According to Global X, this ASX ETF seeks to invest in companies at the leading edge of next-generation technology, which includes both household names and newcomers.
It is designed to be a core building block for growth-oriented portfolios, offering broad thematic exposure.
By sector, it is weighted towards:
- Information Technology (59.36%)
- Communication Services (29.73%)
- Consumer Discretionary (10.87%)
This has been a successful strategy over the last 3 years, with the fund rising an impressive 209%.
That means an initial investment of $10,000 would now be worth $30,900.
