While past performance does not guarantee future returns, some areas of the market just have a habit of consistently beating the market.
The good news is that investors can gain exposure to these areas through exchange-traded funds (ETFs).
Let's take a look at two ASX ETFs and see why they could be worth considering next week when the market reopens:
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BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ASX ETF to look at is the BetaShares NASDAQ 100 ETF. This hugely popular ETF gives investors easy access to 100 of the largest non-financial shares on Wall Street's famous Nasdaq index.
These are the titans of our age. We use their phones, computers, software, streaming services, search engines, shopping platforms, and electric vehicles.
Over the last decade, the index the ETF tracks has generated an average return of 21.69% per annum. This would have turned a $10,000 investment into over $70,000 today.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another market-beating ASX ETF that could be a buy next week is the VanEck Vectors Morningstar Wide Moat ETF.
This ASX ETF is inspired by Warren Buffett and his love of moats. No, not the type you find surrounding medieval castles. These are moats, or sustainable competitive advantages, that protect a company's earnings.
A total of approximately 50 US-based shares with this quality, as well as fair valuations, are included in the fund at any given time.
Historically, companies with moats have generated bigger than average returns for investors and this has proven to be the case with this fund. Since 2013, the index that this ETF tracks has generated an average return of 16.9% per annum. This would have turned a $10,000 investment into almost $50,000 today.
