There are a growing number of exchange traded funds (ETFs) for investors to choose from on the Australian share market.
If you're paralysed with choice, don't worry. To help you narrow things down, I have picked out three popular ETFs that could be worth researching further. Here's what you need to know about them:
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BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ETF is the BetaShares Asia Technology Tigers ETF. It provides investors exposure to many of the best tech stocks in the Asian region. This means you'll be buying tigers such as ecommerce giant Alibaba, search engine company Baidu, and WeChat owner Tencent.
It has been a tough period for Asian stocks, but with China now reopening and its economy showing signs of rebounding strongly, things could be much better in 2023 and 2024. This could potentially make it an opportune time to invest in this ETF.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The BetaShares NASDAQ 100 ETF could be another ETF for investors to buy. This popular ETF gives investors exposure to 100 of the largest (non-financial) stocks on Wall Street's NASDAQ index.
Among its 100 stocks are many of the largest and highest quality companies in the world such as Amazon, Alphabet, Apple, Meta, Microsoft, Netflix, Nvidia, and Tesla. And despite a recent recovery, the ETF is still down meaningfully over the last 12 months. This could make it a good time to consider an investment.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
If you a Warren Buffett fan, then the VanEck Vectors Morningstar Wide Moat ETF could be for you. When the Oracle of Omaha looks for an investment, he has a preference for companies with sustainable competitive advantages (aka moats) and fair valuations. And given how Buffett has generated an average return of almost 20% per annum since 1965, it's hard to argue against this strategy.
The ETF currently contains approximately 50 companies with these qualities. These include the likes of Alphabet, Boeing, Kellogg Co, Meta, and Walt Disney.
