The top Australian ETFs I would buy this week

I'm trying to stack the odds in my favour with ETFs built for long-term compounding.

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When I look at exchange-traded funds (ETFs), I'm trying to stack the odds in my favour by owning parts of the market that I think can quietly compound over time, even if headlines move around a lot.

Right now, these are three Australian ETFs I'd feel comfortable putting fresh money into.

VanEck Australian Quality ETF (ASX: AQLT)

The way I think about the VanEck Australian Quality ETF is simple. If I'm going to own Australian shares, I want to own the ones that actually earn their keep.

The AQLT ETF focuses on companies with high returns on equity, relatively low leverage, and more stable earnings profiles. That naturally tilts the portfolio toward businesses that generate real cash and can reinvest it sensibly. You see that reflected in the holdings, with exposure to names like BHP Group Ltd (ASX: BHP), Wesfarmers Ltd (ASX: WES), Telstra Group Ltd (ASX: TLS), the major banks, and Macquarie Group Ltd (ASX: MQG).

What I like about this ETF is that it avoids the temptation to chase whatever is fashionable. Instead, it leans into quality characteristics that tend to matter most over a full market cycle. It also ends up with different sector weightings compared to the S&P/ASX 200 Index (ASX: XJO), which can be useful if you already have exposure to traditional index funds.

For investors who want Australian equities without relying purely on market cap weighting, this feels like a sensible middle ground.

BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)

The BetaShares S&P/ASX Australian Technology ETF is at the other end of the spectrum, and that's why I like pairing it with something like the AQLT ETF.

This ETF gives you exposure to Australia's listed technology leaders, including businesses like Xero Ltd (ASX: XRO), WiseTech Global Ltd (ASX: WTC), REA Group Ltd (ASX: REA), Pro Medicus Ltd (ASX: PME), and TechnologyOne Ltd (ASX: TNE).

I don't expect this part of the market to move in a straight line. Tech never does. But over time, I think Australia's best technology companies can grow earnings much faster than the broader market, even if sentiment swings around in the short term.

The ATEC ETF also plays a useful portfolio role. Many Australian investors are heavily exposed to banks and resources by default. This ETF helps balance that out with businesses tied to digital adoption, healthcare technology, and online platforms.

VanEck S&P/ASX MidCap ETF (ASX: MVE)

If large caps are the heavyweights and small caps are the lottery tickets, mid-caps often sit in a sweet spot that doesn't get enough attention.

The VanEck S&P/ASX MidCap ETF tracks the S&P/ASX MidCap 50 Index (ASX: XMD), giving exposure to companies that are already established but still have room to grow. These are businesses that often sit just below the top 20, with proven operations and expanding markets.

The holdings reflect that mix. You get exposure to companies like Pilbara Minerals Ltd (ASX: PLS), Orica Ltd (ASX: ORI), Charter Hall Group (ASX: CHC), REA Group, JB Hi-Fi Ltd (ASX: JBH), and SGH Ltd (ASX: SGH). It's a broad cross-section of Australian industry, spanning resources, industrials, property, retail, and technology.

What appeals to me here is optionality. Some of these stocks will eventually grow into large-cap leaders. Others may simply compound steadily without ever being headline names. Either way, mid-caps can deliver attractive long-term returns if you're patient.

Foolish Takeaway

If I were adding to an ETF portfolio today, I'd want a mix of quality, growth, and opportunity beyond the biggest names.

The AQLT ETF gives me exposure to Australia's strongest businesses. The ATEC ETF adds long-term growth through technology leaders. The MVE ETF captures the potential of mid-sized companies that are still climbing.

Together, they offer diversification by style, sector, and company size, without needing to overcomplicate things. That's usually a good place to start.

Motley Fool contributor Grace Alvino has positions in Wesfarmers. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group, Technology One, Wesfarmers, WiseTech Global, and Xero. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has positions in and has recommended Macquarie Group, Telstra Group, WiseTech Global, and Xero. The Motley Fool Australia has recommended BHP Group, Pro Medicus, Technology One, 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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