Here’s why BetaShares NASDAQ 100 ETF (ASX:NDQ) and this ETF are popular with ASX investors…
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After two record-breaking months of inflows in a row, the Australian ETF industry is now worth an estimated $73.8 billion.
Unsurprisingly, with more and more funds piling in, the number of ETFs for investors to choose from has continued to grow.
Among the many options. here are two popular ETFs that investors ought to know about :
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF gives investors the opportunity to invest in the biggest and brightest technology and ecommerce companies that have their main area of business in Asia. BetaShares notes that through a single trade, this ETF provides diversified exposure to a high-growth sector that is under-represented in the Australian share market.
There are a total of 50 companies included within the ETF. Among these you will find industry giants such as Alibaba, Baidu, JD.com, and Tencent Holdings. The latter is the company behind the hugely popular WeChat app, which has over 1.2 billion users. It is also a substantial shareholder of Afterpay Ltd (ASX: APT).
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another popular ETF from BetaShares is the BetaShares NASDAQ 100 ETF. As its name implies, this ETF aims to track the performance of the NASDAQ 100. This comprises 100 of the largest non-financial companies listed on Wall Street’s famous exchange.
Among the 100 companies you will find tech giants such as Amazon, Apple, Microsoft, Netflix, and Google parent, Alphabet. In addition, investors will be gaining a slice of non-tech household names including Starbucks, Pepsico, and Lululemon.
BetaShares notes that the ETF has a strong focus on technology, which once again gives diversified exposure to a high-growth potential sector that is under-represented in the Australian share market.
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James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia has recommended BETANASDAQ ETF UNITS. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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