There are lots of exchange traded funds (ETFs) for investors to choose from on the local market.
But which ASX ETFs could be worth considering right now?
Here are three amazing funds that I would buy in July:
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Betashares Nasdaq 100 ETF (ASX: NDQ)
The Betashares Nasdaq 100 ETF is the fund I would consider if I wanted my portfolio to have more exposure to the companies rewriting the rules of modern business.
This fund owns 100 of the largest non-financial companies on the Nasdaq.
That means investors get access to businesses sitting behind artificial intelligence, cloud computing, digital advertising, chips, streaming, ecommerce, software, and consumer technology.
Examples of holdings include NVIDIA (NASDAQ: NVDA) and Apple (NASDAQ: AAPL).
The appeal is not just that these companies are large. It is that many of them have enormous customer bases, powerful balance sheets, and the ability to keep investing through different market cycles.
This ASX ETF may not be low volatility, but it gives investors a simple way to back some of the world's most influential growth companies.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
The VanEck Morningstar Wide Moat ETF takes a very different approach.
This fund is not trying to own every famous company in the market. It is looking for US businesses with sustainable competitive advantages that are trading at attractive prices.
That could mean strong brands, hard-to-copy networks, valuable intellectual property, cost advantages, or customer relationships that are difficult to break.
Holdings currently include Fortinet (NASDAQ: FTNT) and NXP Semiconductors (NASDAQ: NXPI).
Great businesses can still be poor investments if investors pay too much. But by combining quality with valuation, this ASX ETF gives investors a more selective way to invest in the US market.
It could suit investors who want global growth exposure, but with a filter that looks beyond size and popularity.
Vanguard Australian Shares Index ETF (ASX: VAS)
The Vanguard Australian Shares Index ETF is the most familiar option on this list.
It gives investors broad exposure to Australian shares by tracking the S&P/ASX 300 Index.
That means owning a slice of the banks, miners, healthcare companies, retailers, property groups, infrastructure businesses, and industrials that drive the local market.
Examples of holdings include BHP Group Ltd (ASX: BHP) and Commonwealth Bank of Australia (ASX: CBA).
The fund's role in a portfolio is straightforward. It gives investors low-cost local diversification, exposure to Australian dividends, and a way to participate in the performance of the broader share market.
This ASX ETF could work well beside international funds, giving a portfolio both home-market exposure and a connection to the Australian economy.
