If you've got $5,000 ready to invest and are looking for a smart, low-maintenance way to grow your wealth, ASX exchange-traded funds (ETFs) could be just what you're after.

That's because ASX ETFs offer a diversified and less stressful approach to investing – especially if you're not a fan of stock picking.

With that in mind, here are five fantastic ASX ETFs to consider right now.

Betashares Nasdaq 100 ETF (ASX: NDQ)

The first ASX ETF to look at is the Betashares Nasdaq 100 ETF. It provides exposure to 100 of the biggest non-financial companies listed on the Nasdaq exchange in the U.S. That means you get a slice of Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), and Tesla (NASDAQ: TSLA), along with other cutting-edge innovators. With the tech sector hit hard in recent months, the Betashares Nasdaq 100 ETF is trading well below its peak – making it a potentially savvy buy for long-term investors who believe in the future of artificial intelligence, cloud computing and digital commerce.

Betashares Australian Quality ETF (ASX: AQLT)

Another ASX ETF to consider buying is the Betashares Australian Quality ETF. It screens the ASX for high-quality businesses with strong profitability, low debt, and stable earnings. It could be a great way to access companies that have stood the test of time. Included in the fund are names like ResMed Inc (ASX: RMD), REA Group Ltd (ASX: REA), and Goodman Group (ASX: GMG) – companies known for innovation, earnings resilience, and global competitiveness.

Betashares Global Cash Flow Kings ETF (ASX: CFLO)

Another ASX ETF to look at is the Betashares Global Cash Flow Kings ETF. It screens for global companies that generate consistently strong free cash flow. Why does that matter? Because businesses that churn out reliable cash flow tend to withstand market turbulence better than their overleveraged peers. This ultimately means that the Betashares Global Cash Flow Kings ETF catches the strongest, most efficient businesses around the globe — including familiar names like Meta Platforms, Alphabet (NASDAQ: GOOG), and Visa (NYSE: V). Betashares recently named it as one to buy.

iShares S&P 500 Equal Weight ETF (ASX: QUS)

This isn't your regular S&P 500 ETF. Instead of being weighted by market size (which gives heavy exposure to big tech), the iShares S&P 500 Equal Weight ETF gives each company in the index an equal say. That means smaller and mid-sized businesses get a fair go, which can be particularly helpful when the giants stumble. You still get exposure to the biggest U.S. companies, just without all your eggs in a handful of tech baskets.

Betashares Crypto Innovators ETF (ASX: CRYP)

Finally, if you are feeling a bit adventurous, then the Betashares Crypto Innovators ETF might scratch that itch. This ASX ETF gives you exposure to companies innovating in blockchain and digital assets – think Coinbase (NASDAQ: COIN) and MicroStrategy (NASDAQ: MSTR). It has been a wild ride, no doubt, but for investors who believe in the long-term potential of crypto-related infrastructure, this fund could add a bold growth kicker to your ASX ETF portfolio.