Investing in your 50s is often about striking the right balance.
While retirement may still be years away, the focus typically shifts from pure growth to a mix of income, stability, and continued capital appreciation.
The good news is that ASX exchange traded funds (ETFs) make it easy to build a diversified portfolio that ticks all of these boxes.
Here are three ASX ETFs that could be top picks for investors in their 50s to consider.

Image source: Getty Images
Vanguard Australian Shares High Yield ETF (ASX: VHY)
The first ASX ETF that could be a top option is the Vanguard Australian Shares High Yield ETF.
For investors in their 50s, income often starts to become a bigger priority. This is where this fund stands out.
It focuses on high-yielding Australian shares, giving investors exposure to many of the market's strongest dividend payers. This typically includes major banks, mining giants, and other established businesses with a history of returning cash to shareholders.
While dividend yields can vary, this fund has traditionally offered an income stream that is competitive with, and often higher than, term deposits.
Importantly, investors are not just getting income. They are also maintaining exposure to the share market, which means there is still potential for capital growth over time.
Vanguard Diversified High Growth Index ETF (ASX: VDHG)
Another ASX ETF that could be worth considering is the Vanguard Diversified High Growth Index ETF.
This fund offers something very valuable for investors in their 50s. Simplicity.
It provides exposure to thousands of companies across global and Australian markets, as well as a smaller allocation to fixed income. All of this is wrapped into a single investment.
Despite its name, the Vanguard Diversified High Growth Index ETF is not purely aggressive. Its diversified structure means investors benefit from broad exposure across asset classes, helping to smooth returns over time.
For those who prefer a hands-off approach, this ETF can effectively serve as a core portfolio holding. It allows investors to stay invested in growth assets while maintaining diversification that becomes increasingly important as retirement approaches.
BetaShares Global Quality Leaders ETF (ASX: QLTY)
A third ASX ETF that could be a strong addition is the BetaShares Global Quality Leaders ETF.
Rather than focusing on income, this fund targets high-quality global companies with strong balance sheets, consistent earnings, and competitive advantages.
This includes exposure to leading international businesses such as Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and other global leaders.
For investors in their 50s, this focus on quality can be particularly appealing. Companies with durable earnings and strong financial positions tend to be more resilient during periods of market volatility.
At the same time, they still offer meaningful growth potential, which is essential for ensuring a portfolio keeps pace with inflation over the long term.