Where to invest $5,000 in ASX ETFs this month

These funds could be worth considering this month if you have money to invest. Let's see why.

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If you have $5,000 to invest this month, exchange traded funds (ETFs) could be worth considering.

They can make it easier to get diversified exposure to the share market without needing to pick individual winners.

By combining a small number of well-chosen ETFs, investors can gain access to global growth, high-quality businesses, and long-term structural themes, all in one simple portfolio. Here are three ASX ETFs that could be worth considering right now.

iShares S&P 500 AUD ETF (ASX: IVV)

The first ASX ETF to consider is the iShares S&P 500 AUD ETF.

This popular fund tracks the S&P 500 Index, giving investors exposure to many of the largest and most well-known businesses in the world. Current holdings include Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Costco Wholesale (NASDAQ: COST).

What makes this fund particularly compelling is the way the index evolves over time. This means that investors are not relying on today's winners staying dominant forever, but instead they are backing the ongoing strength of the US corporate sector as a whole.

For long-term investors, the S&P 500 has been a powerful core holding over multiple decades.

VanEck Morningstar Wide Moat ETF (ASX: MOAT)

Another ASX ETF to consider is the VanEck Morningstar Wide Moat ETF.

This fund invests in US-listed companies that are judged to have sustainable competitive advantages, or wide economic moats. These are businesses that can defend their market positions over long periods through brand strength, switching costs, or scale.

Holdings include Adobe (NASDAQ: ADBE), Salesforce (NYSE: CRM), Airbnb (NASDAQ: ABNB), and Otis Worldwide (NYSE: OTIS). Each benefits from entrenched positions in their respective industries.

Rather than focusing on size or momentum, the VanEck Morningstar Wide Moat ETF looks for businesses trading at attractive prices relative to their long-term value. This quality-plus-valuation approach could appeal to investors who want growth potential without relying purely on optimism.

Betashares Global Cybersecurity ETF (ASX: HACK)

A final ASX ETF to look at is the Betashares Global Cybersecurity ETF.

It provides exposure to companies that protect digital systems, networks, and data. Its holdings include CrowdStrike (NASDAQ: CRWD), Palo Alto Networks (NASDAQ: PANW), Fortinet (NASDAQ: FTNT), and Zscaler (NASDAQ: ZS).

As businesses continue moving operations online and cyber threats become more sophisticated, demand for these services is likely to remain strong over the long term. This bodes well for the growth outlook of the fund's holdings.

Motley Fool contributor James Mickleboro has positions in VanEck Morningstar Wide Moat ETF. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Cybersecurity ETF and iShares S&P 500 ETF. The Motley Fool Australia has recommended VanEck Morningstar Wide Moat ETF 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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