Here’s why BetaShares NASDAQ 100 ETF (ASX:NDQ) and this ETF could be great options for ASX investors…
The post 2 excellent ETFs for ASX investors in February appeared first on The Motley Fool Australia. –
If you’re looking for an easy way to invest in international shares for diversification, then exchange traded funds (ETFs) could be just what you need.
But which ETFs should you look at? Here are two popular ETFs that have generated strong returns for investors:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ETF to look at is the BetaShares Asia Technology Tigers ETF. As its name implies, it gives investors exposure to a number of the biggest and brightest tech shares in the Asia market. Among the fund’s holdings you will find the likes of Samsung, Alibaba, JD.com, Meituan Dianping, Tencent, Baidu, and Pinduoduo.
In respect to the latter, Pinduoduo is an e-commerce platform that offers a wide range of products from daily groceries to home appliances. Its platform connects distributors with consumers directly through an interactive shopping experience, allowing shoppers to team up to buy items at lower prices. At the end of September, it was serving 731 million active buyers.
Another company you’ll be owning a slice of is Meituan Dianping. Its apps connect consumers with local businesses for food deliveries (think UberEats), hotel bookings, and movie tickets, among many other services. During the second quarter of FY 2020, the company was making 24.5 million food deliveries per day. Meituan had 476.5 million users at the end of September.
Over the last 12 months, the BetaShares Asia Technology Tigers ETF generated a return of 68% for investors.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another ETF to look at is the BetaShares NASDAQ 100 ETF. This ETF aims to track the performance of the famous NASDAQ 100.
This index comprises 100 of the largest non-financial companies listed on Wall Street’s famous exchange. This means you’ll be buying a slice of tech shares such as Amazon, Apple, Microsoft, Netflix, and Google parent, Alphabet, as well as non-tech companies including Gilead Sciences, Lululemon, Moderna, and Starbucks.
As with the Asia Technology Tigers ETF, its units have provided investors with strong returns over the last 12 months. Since this time last year, the BetaShares NASDAQ 100 ETF is up 23.5%.
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of June 30th
- 3 explosive ASX growth shares that could be strong buys
- Got cash to invest? Here are 3 ASX shares to buy
- 2 tech ETFs delivering rapid growth
- Here’s a fantastic ETF that ASX investors need to know about
- Afterpay and BrainChip were some of the most traded ASX shares last week
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BETANASDAQ ETF UNITS and BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.