3 ASX ETFs to buy and hold in FY 2024 and beyond

These ETFs could be top long-term investment options for investors.

| More on:
ETF written in yellow with a yellow underline and the full word spelt out in white underneath.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Buy and hold investing is arguably one of the best ways to grow your wealth thanks to the power of compounding.

The only problem is that not everyone has the time or capital required to build a diverse portfolio of high-quality ASX shares.

But don't worry because exchange-traded funds (ETFs) are here to make life easy. But which ETFs could be top buy and hold investment options? Let's take a look at three candidates:

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ASX ETF to consider as a buy and hold investment is the BetaShares Global Cybersecurity ETF.

That's because spending on cybersecurity is expected to increase materially over the next decade as more infrastructure moves to the cloud and cyberattacks continue.

This bodes well for the companies included in this fund, which are working to reduce the impact of cybercrime globally. This includes Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.

BetaShares NASDAQ 100 ETF (ASX: NDQ)

Another ASX ETF for investors to consider as a buy and hold option is the BetaShares NASDAQ 100 ETF.

This ETF gives investors access to 100 of the highest-quality companies in the world. This includes the likes of Google parent Alphabet, Amazon, Apple, Facebook owner Meta Platforms, Microsoft, Nvidia, and Tesla.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

A third ASX ETF that could be worth considering as a buy and hold option is the VanEck Vectors Morningstar Wide Moat ETF.

This popular ETF focuses on the types of companies that Warren Buffett would buy. These are companies with fair valuations and enduring competitive advantages or moats. And given his track record over multiple decades, it's hard to argue against following the Oracle of Omaha's lead.

The ETF generally comprises approximately 50 companies with these qualities, which include the likes of Adobe, Blackrock, Gilead, Kellogg Co, Nike, and Walt Disney.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Accenture Plc, Adobe, Alphabet, Amazon.com, Apple, BetaShares Global Cybersecurity ETF, BetaShares Nasdaq 100 ETF, Cisco Systems, Cloudflare, CrowdStrike, Gilead Sciences, Meta Platforms, Microsoft, Nike, Nvidia, Okta, Palo Alto Networks, Tesla, and Walt Disney. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended the following options: long January 2024 $145 calls on Walt Disney, long January 2024 $420 calls on Adobe, long January 2025 $290 calls on Accenture Plc, long January 2025 $47.50 calls on Nike, short January 2024 $155 calls on Walt Disney, short January 2024 $430 calls on Adobe, and short January 2025 $310 calls on Accenture Plc. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Adobe, Alphabet, Amazon.com, Apple, CrowdStrike, Meta Platforms, Nike, Nvidia, Okta, VanEck Morningstar Wide Moat ETF, and Walt Disney. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on ETFs

An older gentleman leans over his partner's shoulder as she looks at a tablet device while seated at a table.
ETFs

What is the Vanguard Australian Shares Index ETF (VAS) dividend yield?

This fund is known for paying sizeable income. But how big?

Read more »

Man looking at an ETF diagram.
ETFs

Why these ASX ETFs could be strong buys in August

Let's see why these funds could be worth adding to a balanced investment portfolio.

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

Invested in ASX MOAT or other VanEck ETFs? It's dividend day!

Show us the money!

Read more »

female real estate agent stands proudly in front of house
ETFs

Can't break into the housing market? Here's 3 REIT ASX ETFs to consider

These three thematic funds focus on real estate 

Read more »

asx shares to buy and hold represented by man happily hugging himself
ETFs

5 fantastic ASX ETFs to buy and hold forever

These funds could be destined to deliver strong returns over the next decade and beyond.

Read more »

A woman looks questioning as she puts a coin into a piggy bank.
ETFs

The pros and cons of buying iShares S&P 500 ETF (IVV) units this month

Is this a good time to invest in this leading ETF?

Read more »

Ecstatic man giving a fist pump in an office hallway.
ETFs

5 ETFs to buy with $5,000 to build a winning portfolio

Let's see why these funds could help form a strong investment portfolio.

Read more »

A graphic illustration with the words NASDAQ atop a US city and currency
ETFs

5 reasons to buy the Betashares Nasdaq 100 ETF

This fund could be well worth a spot in your investment portfolio. But why?

Read more »