Are you looking to make some portfolio changes this month? If you are, then it could be worth checking out some popular exchange traded funds (ETFs).
But which ones could be buys for investors in January?
Two highly rated ASX ETFs to consider buying right now are listed below. Here's what you need to know about them:
iShares S&P 500 ETF (ASX: IVV)
The first ASX ETF for investors to consider buying this month is the iShares S&P 500 ETF.
This ETF aims to provide investors with the performance of Wall Street's famous S&P 500 Index before fees and expenses.
In recent years, this has been a great index to have invested your money. For example, over the last decade, the S&P 500 Index has generated an average return of 12% per annum. That's despite battling through wars and pandemics.
Among the 500 companies included in the fund are some absolute giants of Wall Street. This includes Amazon, Apple, Warren Buffett's Berkshire Hathaway, JP Morgan, Johnson & Johnson, Microsoft, and Elon Musk's Tesla.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Another ASX ETF for investors to look at buying this month is the Vanguard MSCI Index International Shares ETF.
This popular ETF provides investors with access to around 1,500 of the world's largest listed companies from major developed countries.
Vanguard highlights that this means that investors can have low-cost access to a broadly diversified range of stocks that allow them to participate in the long-term growth potential of international economies. This could make it a great option if your portfolio is overweight with local stocks.
Among the ETF's largest holdings are high quality names such as Apple, ASML, Nestle, Novo Nordisk, Nvidia, Procter & Gamble, and Visa.