If you're looking to invest $5,000 into some ASX exchange-traded funds (ETFs) this week, there are plenty of great options to consider.
Whether you're after exposure to global markets, high-quality companies, or cutting-edge technologies, the ASX has ETFs that can help you build a strong portfolio.
Here are three fantastic ETFs that could be worth considering right now for a $5,000 investment.
The first ASX ETF for investors to consider is the iShares S&P 500 ETF. It provides investors with exposure to the S&P 500 index, which includes 500 of the largest companies listed in the United States.
With holdings in major companies like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Google parent Alphabet (NASDAQ: GOOG), the iShares S&P 500 ETF offers an easy way to invest in some of the world's most successful companies.
The S&P 500 has a strong track record of delivering long-term returns, which could make this ETF a solid choice for investors looking to build wealth over time.
In addition, the iShares S&P 500 ETF provides diversification benefits by spreading investments across multiple sectors, including technology, healthcare, and consumer goods.
For investors looking for higher risks and higher potential rewards, the BetaShares Crypto Innovators ETF could be an interesting choice for the $5,000.
This ASX ETF provides exposure to a range of companies that are deeply involved in the cryptocurrency and blockchain sectors. This includes crypto mining firms, digital asset exchanges, and blockchain infrastructure providers. Some of its top holdings include Coinbase (NASDAQ: COIN), Galaxy Digital (TSX: GLXY), and MicroStrategy (NASDAQ: MSTR).
Although cryptocurrencies can be volatile, the long-term outlook for this industry remains promising. With increasing adoption of digital currencies and blockchain applications across finance, gaming, and other industries, BetaShares Crypto Innovators ETF offers a way to gain exposure to this innovative space without having to buy crypto coins.
Finally, if you're looking for a high-quality investment for your $5,000, the BetaShares Global Quality Leaders ETF could be one to consider. In fact, the BetaShares team itself has recommended this ASX ETF as one worth looking at.
The BetaShares Global Quality Leaders ETF invests in a carefully selected portfolio of global companies that have strong balance sheets, consistent earnings, and a history of delivering superior returns. This includes companies like Nvidia (NASDAQ: NVDA), Johnson & Johnson (NYSE: JNJ), and Visa (NYSE: V).
This focus on quality means the fund is designed to perform well in both good and bad market conditions, offering solid long-term growth potential with lower volatility than some other options.
With its strong emphasis on financially robust companies, the fund could be a great choice for investors who want a balance of growth and stability in their portfolios.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.